Jun 11, 2023, 2:00 – 4:00 PM (UTC)
DreamsHub, 86 Ogui Road, Enugu, 400102
Scaling a business poses hurdles such as operational challenges, resource constraints, market competition, customer acquisition, organizational culture, communication, and regulatory compliance. Overcoming these hurdles is crucial for sustainable growth.
Scaling a business comes with numerous hurdles. Operational challenges arise as existing processes and systems struggle to handle increased demand. Resource constraints such as finances, technology, and manpower need to be addressed to support growth. Adapting the business model for scalability becomes essential, ensuring it can withstand rapid expansion. Intensified market competition requires strategic positioning and innovation to differentiate. Acquiring and retaining customers at scale poses marketing and customer support challenges. Maintaining organizational culture and effective communication becomes crucial as the company expands. Complying with regulatory requirements and legal frameworks can be complex when operating in new regions. Successfully overcoming these hurdles is crucial for sustainable growth.
Startup Grind Asaba
Director
Sunday, June 11, 2023
2:00 PM – 4:00 PM (UTC)
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