CHAPTER IVAvoiding the Roadblocks
The Dilemma of Stagnated Success
Even if you are barely started in business, it’s wise to see the bigger picture.
THERE ARE FIVE important stages of business to understand when monitoring the ongoing financial health of your developing business. These different stages in the life of the business are related to a number of internal and external forces. Being aware of them and working to avoid getting trapped in a given stage requires discipline and focus on the key elements of each one.
The Start-Up Stage of the business is a delicate balance between planning, organizing, aggressive sales initiatives, stringent cost controls, and dynamic adjustment to frequently changing information and results. Frankly, it can ...