How to Align Your Growth Strategy with Your Startup Readiness Score
True growth isn’t only about progress; it’s about knowing when and how to take the right steps. Startup readiness score allows founders to quantify this ability through assessment of operations, market plan, and financial health. If your growth strategy follows the suggestions of your score, you build with direction and solidity and not through trial and error. Understanding the Startup Readiness Score A startup readiness score is a quantifiable measure of the level to which your company is ready to manage expansion, investment, and competition challenges. It takes into account several elements such as market fit, strategic planning, customer growth, leadership strength, and the ability to scale. For example, a company with a quality product but ineffective cash flow management would be rated lower for preparedness, hence the need for the financial model to be enhanced before scaling up. A high rating, on the other hand, indicates that your op...