Scaling your tech company

ARTICLE | June 20, 2023

Authored by RSM Canada

For growing technology companies, there is no straight route to scaling up. Along with significant opportunities, tech companies will face challenges at each stage of growth, and numerous ways to tackle them. The intense competition for talent, the constant need for innovation, and the make-or-break demands of managing capital are important for any business in the tech space, but for those focused on scaling up and unleashing their growth, intentionality is paramount.

The battle of priorities can seem constant during the rapid-growth stage of the life cycle. Later, during the expansion and exit phases, leaders must turn their attention to business standardization, revenue recognition and greater regulatory compliance, among other areas. Knowing where to focus your team’s efforts is a critical factor in determining the future success of the business. Whichever path a company takes, the growth journey requires time, patience and resources.

Click each stage to dive in and learn more about the critical events and considerations that accompany it. 

Explore the four stages of the technology company lifecycle

Key considerations at every stage


Focusing on core functions while prepping for growth.


Where serious contenders gain momentum.


Growth remains paramount but new challengers emerge.


Going public or passing the torch is your heaviest lift yet.

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Source: RSM Canada
Used with permission as a member of RSM Canada Alliance

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Good Redden Klosler a proud member of the RSM Canada Alliance, a premier affiliation of independent accounting and consulting firms across North America. RSM Canada Alliance provides our firm with access to resources of RSM, the leading provider of audit, tax and consulting services focused on the middle market. RSM Canada LLP is a licensed CPA firm and the Canadian member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.

Our membership in RSM Canada Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.

For more information on how Good Redden Klosler can assist you, please call us at (519) 426-5160 (Simcoe) or (519) 842-4246 (Tillsonburg).

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