4 Stages of the Business Life Cycle Every Entrepreneur Should Know

Research has shown success as an entrepreneur requires an understanding of the four phases of a business life cycle: startup, growth, maturity, and succession. Understanding what phase your business is in can be critical to identifying your needs for the strategic planning and operations of your company.

Director and President of Barnes Wendling Jeffrey Neuman spoke with Smart Business about each phase of the business lifecycle and the key needs at each stage.

At Barnes Wendling CPAs, our business development team offers a comprehensive analysis to help identify the strengths and weaknesses of your business to improve its performance, value, and profitability.

 

 

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