Business Lifecycle: Insights Into the 7 Crucial Stages

Stages of Business Lifecycle Model

Based on the seven stage business lifecycle model, which 2 stages best align with where you thrive?

Seed – just a thought or an idea, birth of a new business

Start-Up – products or services are in production first customers exist

Growth – revenues and customers are increasing with many new opportunities and issues, profits are strong, but competition is surfacing

Established – sales growth is not explosive but manageable, business life has become more routine

Expansion – a new period of growth into new markets and distribution channels

Mature – year over year sales and profits tend to be stable, however competition remains fierce

Exit – the big opportunity for the business to cash out on all the effort and years of hard work

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