BUSN100 Week 3 Assignment.pptx - The Four Stages of...

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The Four Stages of Business Growth Joe Smith American Military University
Below are the Four Stages or Business Growth Inception Survival Growth & Expansion Maturity In every stage of a business there will be planning, initiations and risk that com along the way. The Stages
The first stage of any business is to answer the question of what is the business going to be about. Once the a business idea has been established, other ideas will be generated as well. According to Juntenen (2010), “the company is nurtured towards a working business entity, and the product development process starts.” Brainstorming will also start from the from the committee members Inception
This would also be the time to create a business model. The initiation of making the product or service that the company will be about. How much manning will it need? Hours or operation? Target customers or consumers.

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