A distant dream, That is what a shiny new office in the business district can seem like when you first start your dorm room company. However, as Yahoo has proven, dorm room businesses do make it big. Although it is important to remember that the upscaling process can be fraught with problems. The most important of which are covered below.
It’s not just about adding people
Firstly, despite most people thinking that upscaling a business means adding more employees, this isn’t strictly the case. In fact, there are two critical things to remember here. The first is that you shouldn’t be focusing on numbers of people, but what it is that those individuals bring to that table. That is their expertise and experience that is of value to your business.
What this means is during the upscaling process, you need to prioritize recruitment. Oh, and make sure it’s not just a box-ticking exercise either. That is, you need to do some in-depth interviewing to see who actually can bring the most valuable skills to your company.
The second issue to consider here is that you may not need to add people to grow your business at all. In fact, in many cases, companies can upscale by automating tasks. Notably, the repetitive and monotonous ones. This will then free up with staff to handle a higher volume of the more complex and subtle actions that need a human touch. Something that means you can grow while keeping your team the same size.
Get your premises right
Next, if you are going to move from the dorm room to the business district, you will need to find the right premises to house your business. Of course, you need to consider all the key factors here, such as location, lease cost, utilities, and the like.
However, what a lot of entrepreneurs forget is that they also need to consider how they will set up their office IT infrastructure as well. After all, long gone are the days when the office set up was no more than a few desks and a reception area.
The good news is that even with all the advanced Audio & Video Systems a modern office needs, you can get help when it comes to setting them up. In fact, whether you need to locate or start from scratch, a provider with BICSI*-certified Registered Communications Distribution Designers will be able to get your systems up and running in no time.
Can your suppliers grow with you
Another consideration that you need to factor in when upscaling is whether the suppliers you currently work with will be able to keep up with increased demand. In fact, if they can’t, it may be time to start looking elsewhere.
Although, do remember that changing suppliers can cause massive disruption to your business. Both in terms of your admin and ordering procedures and productivity. With that in mind, you must be very well prepared before you make this switch. Something that means you have a stock of the items you will need, just in case something goes wrong during the changeover. Otherwise, you could find yourself and your business back in a dorm room, shed, or garage pretty quickly!
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