Tools & Resources
- Idea Stage
Idea Stage
The business hasn't taken its first breath yet; it's just an idea in the first of seven stages of life.- Startup Stage
Startup Stage
A small business is born, but hasn't operated more than three years. It exists legally and products or services are in production. Real customers exist.- Growth Stage
Growth Stage
In business three to five years. Sales, customers and profits are increasing. Competitive intensity is also increasing.- Established Stage
Established Stage
A surviving business of more than five years. Business is recognized in the market. It has some loyal customers and sales growth is manageable. life has become somewhat "business as usual."- Expansion Stage
Expansion Stage
Business is expanding into new markets and distribution channels.- Decline Stage
Decline Stage
Business is experiencing a noticeable decrease in sales and profits.- Exit Stage
Exit Stage
Now is the time to pass down the business as legacy or sell it for cash.
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