Joseph "Joe" McInerney on 4 Tips for Scaling Up Your Business

Joseph "Joe" McInerney

4 Tips to Successfully Scale Up Your Business

Introduction It’s one thing to create a business and another to expand and scale it. Scaling a business means that a company’s increase in revenue is faster than the costs. It means that the substantial upturn in activity places them in front of opportunities ripe for the picking.

Here are four tips to overcoming the odds and successfully scaling up a business:

HIRE A WINNING TEAM They say teamwork makes the dream work, which is true, especially for successful businesses. The most successful business owners invest in a winning team that increases productivity, meets goals, and grows with the company.

BUILD A SOLID PUBLIC PROFILE Today’s generation wants authenticity, and the best businesses stand on the shoulders of their owner, not by corporate messaging.

AUTOMATE PROCESSES With today’s available software designed for small, repetitive tasks, more and more businesses can function without their leaders.

Automating processes frees them up from repetitive, mundane tasks so they can focus on more important functions of the business.

BE LEAN AND AGILE With so much competition in place, the best businesses are the innovative ones that remain attuned to the pulse of their clients. Often, companies do this by listening to the target audience, learning from customer feedback, and incorporating those changes on every product at every juncture.

Joseph "Joe" McInerney Joseph "Joe" McInerney is a Chicago-based entrepreneur with over 25 years of experience. Currently he is the CEO of Banner Capital, a position he's held since 1994.

In his spare time he likes to volunteer.