Several key factors contribute to a startup's scalability:
- Technology: Leveraging technology enables businesses to automate processes and reach a larger audience. - Business Model: A strong, repeatable business model that can be replicated in different markets. - Market Size: Operating in a large or rapidly growing market provides more opportunities for expansion. - Funding: Access to venture capital or other forms of funding to support rapid growth. - Team: A highly skilled and adaptable team capable of managing rapid growth and scaling operations.