Expand the Life of Your Business
Today we will explore the life cycle of a business and how to get the most out of each cycle while also extending the lifespan of your business. The four different stages of a business life cycle are: • Infancy • Adolescence • Growing Pains • Maturity We’ll look at what each of these cycles mean and how each of them can assist you in expanding the life span of your business. Infancy This is generally considered the technician’s phase, which is the owner. At this point, the relationship between the business and the owner is that of a new