Every company needs a Woz and a Jobs however they both had very different traits and this is often the difference between sustainable or scalable.
Sustainable meaning, not the greenie version; I am a great product guy, and I will build a company based on my amazing product that solves a problem and this will “sustain” my lifestyle and put my kids in Uni.
Smart Ways to Scale Your Business
Scalable meaning, this is a great product with high scalability and every person in the world needs this and I will use my marketing skills to scale the business whereby it will double and triple in revenue every month.
As you can see by the two examples, you can’t have one without the other however, the word ‘scale’ 20 years ago meant that you would more than likely have to be a franchisor which would enable you to scale your operations nationwide and now you have a technology platform provider like UberEATS powering McDonald’s delivery operations from one central location.
Therefore, technology can enable your business to scale from one central location and all you have to do is build the machine and remove the friction points from your legacy operation.
Top 5 Ways to Drive Business Growth
And remember… when you build the machine it doesn’t matter if your technology-based website does one deal a day or 1000 – the same process applies so you can scale your revenue.
- Web onboarding process
- Electronic signature delivered instantly to finalize the deal
- Automatic updates to CRM and accounts receivable
- Instant notification of closed deal to the appropriate support team.
- Automatic cashflow top up’s
Retailers and eCommerce businesses that add a Merchant Cash Advance have a greater advantage over their competitors and once they have paid down 60% they will receive an automatic top up so they can manage their finances and stock level with greater flexibility.
It’s Easier Than You Think With a Merchant Cash Advance
Applications are simple, payments are frictionless, and business owners and managers remain in control.
A Merchant Cash Advance is becoming the business strategy of choice for growing retailers and eCommerce businesses because they can Repay as you trade.
Repayments are made by a percentage of your EFTPOS and/or eCommerce takings, meaning repayments rise and fall in line with your cashflow. When you choose to partner with APICKLE, you’ll benefit from years of successful business experience and Merchant Cash Advance that really meet your growth needs.
