The 7 Stage Business Life Cycle

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Andrew Griffiths (Inc.com) explains what he sees as the "7 stage business life cycle":

Most businesses follow a fairly predictable life cycle. If you know the different business stages in the life cycle you can make better decisions and enjoy your successes that little bit more. Or to put it another way, you will know when to panic and when to celebrate. In my opinion there are 7 distinct stages to a business:"

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