For many businesses, COVID-19 has thrown all the puzzle pieces into the air. Some are closing their doors for good. But while GDP has fallen in many countries and unemployment is rising, other businesses are expanding rapidly, like those in healthcare, food delivery and digital services. Others still have had to offer services online for the first time.<\/p>\n
Scaling up a business has never been easy. You\u2019ve heard of start-ups, and if all goes well, start-ups become scale-ups<\/a> \u2013 defined by the OECD as any company with 10 or more employees that\u2019s grown at least 20 percent in the past three years<\/a>.<\/p>\n If you\u2019re on that road already or considering it, there are reasons to think carefully and seek the best possible advice. South African venture capitalists and scale-up experts 10X Entrepreneur put any business\u2019s chance of succeeding on the path to scale at just six percent<\/a>.<\/p>\n And yet, the opportunities for businesses to scale up are more instant today than they\u2019ve ever been, thanks to easier access to ever-increasing connectivity, a global market for employees and consumers and cloud-based tools. New cloud-enabled ways of running your IT side of things, like Infrastructure-as-a-Service (IaaS) and Software-as-a-Service (SaaS,) are making it much easier to grow your business as and when you need to.<\/p>\n