Where Does Your Company Stand in the Business Life Cycle?
Taking a business from concept through creation and making it a successful operation doesn’t happen by accident. It takes careful planning and deliberate action through every phase of the business life cycle. Each phase sees different needs and shifts a company’s focus from one thing to another. Knowing where you are in the business life cycle – development, start-up, growth, expansion, or maturity – will help you develop a strategy for success.