Five Stages of Small Business Growth

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Five Stages of Small Business Growth

Publication Date: May 01, 1983

A five-stage framework will help owners to determine their company’s stage of development and how to ensure a profitable future. It is also useful to consultants and accountants in diagnosing problems and matching solutions to smaller organizations. The five stages are existence, survival, success (with the substages of disengagement and growth), take-off, and resource maturity. Each stage has an index of size, diversity, and complexity.

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Five Stages of Small Business Growth

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