We know that getting your startup off the ground and flying takes a lot of time and effort. There are no substitutes or magic solutions to realizing your ambitions other the hard work of the founders and first employees, but you can follow a series of good practices that can get yours there faster and in a scalable and repeatable way.
Here are 4 best practices to scale your startup fast:
1. Get the foundation right
The startup environment is a fast moving and dynamic world where things change quickly and growing companies can get left behind. Establishing a good foundation will make your company more stable as it grows. In such a dynamic environment, startups tend to focus all their efforts on getting their product to market as soon as possible, and key elements for the development of the company such as company policies or legal agreements are often given lower priority. But good governance from the outset is an investment that will establish a stable foundation and pay off and in the medium to long term.
Comprehensive company policies are not only key to the development of the company as staff know what is expected of them, it also sends a clear message to your (potential) customers that you take governance and good practice seriously.
2. Close deals with well written agreements
Once the company has a good state of basic governance, the next step is to ensure water tight agreements are in place with your customers, suppliers, collaborators, employees, consultants…
Creating your own library of legal agreements gives you the flexibility to close deals with different stakeholders in record time. Well written agreements help you sell your services, build your team both in-house and outsourced, and protect your business and intellectual property.
3. Get ISO Certified
Once your startup has established a good customer base, a market-fit product and a stable foundation, the next natural step for its growth is the Enterprise world. Enterprise deals are difficult to achieve and close as they require a high level of compliance, precise information security hygiene and specific requirements depending on each company.
In the case of startups, perhaps the best way to approach this process is through certification of a recognized international standard that confirms their level of compliance. ISO Certification is the most established and recognized standard, covering many different fields and certifications.
ISO Certification processes are considered complex and time consuming, they require a high level of commitment from the company and its employees. The most efficient way to achieve ISO certification is to use experienced consultants who know their way around the certification process and can help your company hit the ground running, avoiding unnecessary delays and costly mistakes.
4. Manage and reduce your risks
Establishing your company and signing contracts with large customers is hard work, but when you reach this point, it is more important than ever to maintain a high level of information security to keep those customers.
Security, data protection and cybersecurity breaches are unfortunately becoming more and more frequent in the online world and the trends of the post-covid world are intensifying this.
Companies, especially startups, must have processes like BCP and DR (Business Continuity Plan and Disaster Recovery) in place to identify and manage them quickly so they can minimise their impact.
Summary
Getting your startup off the ground is hard enough as it is, that’s why we at Adoptech help you by doing the heavy lifting for you. The Adoptech platform is the one-stop place for all the tools to start, grow and scale a Startup.
Our policy generator allows creating over 70 bespoke policies in seconds, 100% adapted to your company and always compliant with the latest legislation. Our platform also allows creating, sharing and e-signing agreements in minutes with our agreements generator.
When it comes to the ISO 27001 certification process, our platform combines automation and expert support to help you make the audits and overall process as efficient and cost-effective as possible.
The Adoptech platform aims to start your company on the right path from the beginning, creating a single source of truth in your enterprise data room and immediately preventing bad practice, productivity sapping use of spreadsheets and email workflows that cannot be scaled or repeated.
If you want to see how Adoptech can help your Startup, contact us here!