Stage two business owner becomes a player coach as

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Stage Two Business owner becomes a player-coach as company continues to and stabilize (The 5 Stages of Organizational Growth, 2018) Performs day-to-day tasks alongside employees Entrepreneur now has management responsibilities such as: hiring, payroll, and scheduling ( McCubbrey, 2009) Photo: - media-worth-it-for-small-businesses
Stage Three Business adds more levels of supervision Owner relinquishes direct control Owner works with more managers Management team begins acting like a “checks and balances” system (Weinzimmer, 1997) Business has reached “maturity” (The 5 Stages of Organizational Growth, 2018) Photo: - managerial-roles/
Stage Four Additional levels of management and processes are incorporated Business adopts written policies, budgets, business protocols, and personnel practices (McCubbrey, 2009) As the business grows, functional heterogeneity can have a strong positive correlation with organizational growth (Weinzimmer, 1997) Photo:- management
References McCubbrey, D.J. (2009) Business Fundamentals. Retrieved from entals.pdf The 5 Stages of Organizational Growth and The Impact of Mindset. (2018, March 09). Retrieved from - growth-and-the-impact-of-mindset/ Weinzimmer, L. G. (1997). Top management team correlates of organizational growth in a small business context: A comparative study. Journal of Small Business Management, 35(3), 1-9. Retrieved from 03611?accountid=8289

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