Small Business Growth

The Small Business Forum

According to one theory, startup small businesses grow through a curve with stages characterised by different problems, and that by knowing at what stage a business is, it is possible to know the problems to expect and how to help the business grow to the next level.
In a simple way, this is compared to the growth of a baby. Generally, when a baby is a few months old, it begins to crawl. One may then expect and look out for the baby picking up and eating dirt, with the subsequent consequences. When the baby begins to walk, one would then expect that it could have injuries from falling and tumbling over things. A child of school-going age would have different challenges.
The commonly defined business growth stages include pre-start-up, start-up, survival, growth, expansion, maturity and decline

Comments, Questions and Suggestions welcome.

drkibuka@thesmallbusinessforum.co.ke

+254-729524219

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