I was recently asked by Debbie Orwat of Planners’ Lounge to share my thoughts on one of the greatest challenges for businesses in the wedding industry. People: it is SCALABILITY. Here is an excerpt of that article… make sure to click through to read the rest. (PS – if you are a planner: are you reading that blog? There is a TON of FABULOUS industry insight.)
Scalability. Here is how it works:
A business that earns $1 million is called scalable when it can invest in people and infrastructure that leads to exponential growth. A business is scalable when you see this: A $100,000 investment the infrastructure of a $1 million dollar company that results in a billion dollar company. True growth happens when you scale a business.
Is your business scalable?
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