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  • #16
    Re: Business Lifecycle

    Every business entrepreneur have some different and specific lifecycles which characterize the different developing stages of a business such as entry stage, growth stage, Crucible Stage these are enables the business leaders to identify the level of performance.
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    • #17
      Re: Business Lifecycle

      This is great tip given here about business lifecycle. Thanks for this helpful tip and it will be very useful as well.
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      • #18
        Re: Business Lifecycle

        life cycle of small firms are not all companies go through all the stages, not all small businesses succeed in following these steps. However, the measures have proved or small businesses are an important part of managing a small business, either at home or from a formal office.
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        • #19
          Re: Business Lifecycle

          which also carries its own engine or motor. Most definitions of the term specify that automobiles are designed to run primarily on roads, to have seating for one to eight people, to typically have four wheels.









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          • #20
            Re: Business Lifecycle

            what are the things to be kept in mind during business lifecycle?
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            • #21
              Re: Business Lifecycle

              Business life cycle consist following steps:--

              Starting stage:
              Growth Stage:
              Established Stage:

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              • #22
                Re: Business Lifecycle

                Business life cycle normally goes through the four stages initiation, growth, maturity and decline, the trick is to power through the growth phase to have enough capital to come up with some innovative ideas to keep it going.
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                • #23
                  Re: Business Lifecycle

                  With the economy still sputtering, your business needs to take advantage of the resources available to them. Thank you for the tips

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                  • #24
                    Re: Business Lifecycle

                    I’ve been working on this model for a while now in the Forge and out in the field with my clients and friends, but it’s time to share it with you. If you’ve read Martha Beck’s Finding Your Own North Star, you’ll see many parallels. I had been incubating the model for awhile and her framework crystallized it into something more concrete.
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                    • #25
                      Re: Business Lifecycle

                      All businesses have a life cycle. They start with an idea of providing a service or a product.
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                      • #26
                        Re: Business Lifecycle

                        There are three key processes in operating a small business—management, strategy and operations—all of which are tightly integrated. The management process provides a framework for hiring, training, and managing people to produce results. The strategic process defines your short-term, as well as, your long-term goals---where you want to take your business (earnings, sales, and revenues) and how you will get there. The operational process provides the roadmap, tools, and resources for getting there.
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                        • #27
                          Re: Business Lifecycle

                          A sustainable company is a successful and profitable business. It is one that continuously improves its productivity through the adoption of measures on economic, social and environmental activities.
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                          • #28
                            Re: Business Lifecycle

                            The Small Business Life Cycle: 5 Stages of Small Business

                            In the small business life cycle not every business will go through every stage, and not all small businesses will succeed as a result of these stages. However, they are proven stages or small business that are an important part of running a small business, whether from home or from a formal office.

                            Stage One

                            The first stage of any small business is obvious – establishment. At this stage, the business is being created, planned and the early days of its operations take place.

                            For some, this is the only stage that a small business may see, as it is by far one of the most difficult to survive. Many things can go wrong at this stage; thus, good business planning a crucial and necessary part of it.

                            Without a good business plan, it is impossible to get a small business off the ground, running and eventually moving through to the next stages of its life cycle.

                            Stage Two

                            The second stage of small business in the small business life cycle is the growth period.

                            During this stage, a business has an initial time of negative profit until it breaks even and begins to show increased revenues that allow it to truly grow. This is also the stage that the real test of a business comes into play.

                            How the business is managed and how it is able to compete within its designated market will determine whether it will survive, heading to the next stage - or whether it will decline and reach the last stage of its life.

                            Stage Three

                            The third stage of small business is about expansion. This is the point at which a business gets to the point where there is sufficient revenue being brought in so that there are no doubts of its survival and it can expand its horizons.

                            This includes taking on staff, expanding the office space of the business or even investing in equipment to deal with a larger base of clientele. This stage also entails producing more products if necessary.

                            Stage Four

                            The fourth stage of small or other business is about maturity.

                            The business is now stable enough to survive most unforeseen circumstances. It has enough backing, capital and support to ensure that even if the market becomes unstable, it can pull through.

                            This may be accomplished by rearranging its management plan, getting rid of one product to replace another or adding an additional product to an already existing product line.

                            However, if the market declines, it may survive, though its profits may take a temporary slide backwards.

                            Stage Five

                            In the small business life cycle the fifth stage of small business, is about decline. In fact, it is the easiest stage to reach for any business because it is the point where a starting business will fail.

                            An existing business, even a mature one, can decline in profits, take heavy losses and eventually either fail or cease operations to avoid further losses. As any small business owner can attest to, the stages of business are necessary and a normal part of the small business life cycle.
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                            • #29
                              Re: Business Lifecycle

                              i would like tell you business life.
                              1. Seed Stage.
                              2. Challenge
                              3. focus .
                              4.Money Sources

                              according to me business life cycle start from set of the goal until the achievement of the goal.
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