Understand what a scale-up is, how it is characterized and what distinguishes it from a startup

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At this point the entrepreneur becomes a businessman and, in turn, the ventures become scale ups. This is a terminology from the business field that refers to the next step after the startup .

In other words, it describes companies that have consolidated growth. However, to do so, an adaptation of the business model is required to address new expansion opportunities at other levels.

Do you want to know what a Sacale Up is and the romania mobile database difference it has with a startup? Read this content until the end!

What is a Scale Up?
Scale is related to scalability . It is the stage that directs the company towards potential growth.

Generally speaking, a company is considered scale up if it has grown by 20% annually .

This growth should be reflected in employees and turnover, according to the Organisation for Economic Co-operation and Development (OECD), cited by the newspaper El Economista .

It's about taking a business to the next level. In fact, these are companies that started as startups and then expanded.

For example, by reaching new markets, clients, improving your product or developing innovative ventures .