Understanding the Business Life Cycle
In this guide, we’ll be taking you through the life cycle of a business from launch to maturity and whatever comes after. We’ll examine the four phases of business growth: Launch Growth Shake-Out Maturity By the time we reach the mysterious fifth stage, you’ll have a blueprint for success for your business. The Purpose of the Business Life Cycle Although all businesses are inherently unique, they often follow a similar trajectory. In fact, if you plot a business’ journey from conception to present on a timeline, you’ll usually see five distinct phases. It’s similar to how people grow and mature;. . .