Five Stages of Business Development

There have been many attempts to summarize the stages of business development including typical growth patterns of a small business with the goal of identifying common constraints of this growth.

In my view, the best in this field of work is the research text from 1983 entitled, “The Five Stages of Small business Growth” by V. L. Lewis and N. C. Churchill.

They propose the five stages of business development as laid out in this ebook, along with the situation of each stage according to the business function itself.


Five Stages of Business Growth - Free Ebook by Bert Floyd

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5 Stages of Business Growth

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