Scalability (Scalable) - Definition
Written by Jason Gordon
Updated at December 18th, 2020
- Marketing, Advertising, Sales & PR
- Accounting, Taxation, and Reporting
- Professionalism & Career Development
-
Law, Transactions, & Risk Management
Government, Legal System, Administrative Law, & Constitutional Law Legal Disputes - Civil & Criminal Law Agency Law HR, Employment, Labor, & Discrimination Business Entities, Corporate Governance & Ownership Business Transactions, Antitrust, & Securities Law Real Estate, Personal, & Intellectual Property Commercial Law: Contract, Payments, Security Interests, & Bankruptcy Consumer Protection Insurance & Risk Management Immigration Law Environmental Protection Law Inheritance, Estates, and Trusts
- Business Management & Operations
- Economics, Finance, & Analytics
- Courses
What does Scalable Mean?
Scalability refers to the ability of a business to be more efficient and increase sales when there is a rise in demand. Basically, the business can ramp up operations to meet demand.
In startups, scalability generally means that a company's value proposition can be easily replicated without incurring high additional costs. For example, a technology company could sell its software to many customers as easily as a few customers, with very minimal additional expenses.
Back to: STRATEGY, ENTREPRENEURSHIP, & INNOVATION