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5 tips to scale your business effectively

5 tips to scale your business effectively

Starting and running a business isn't easy. After all, about 20 per cent of small businesses fail within their first year according to data from the U.S. Bureau of Labor Statistics. But growing and scaling a business is often harder still.

By the end of their fifth year, roughly 50% of small businesses fail. After ten years, the survival rate drops to approximately 35%.

So, how do you scale your business successfully and sustainably to ensure it not only survives but also thrives?
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