Four Stages of the Business Lifecycle

Four Stages of the Business Lifecycle

Start-Up

At this stage, the most important person is your own self - the owner, the sole proprietor. It is his or her responsibility to make way for assessing how much pressure the company can take and that how much work can the individual continue to show the challenges and the problems that have been done and dusted altogether (George & Bock, 2012).

Here, careful consideration needs to be placed, not to be influenced or intimated by others. Being a sole owner at this point, you are analyzing from a distance ...