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Business Life
Cycle
 Starting
With A Dream
Planning
For Profit
Time
For Expansion
Preparing
For Exit
At
Last - Retirement
Business
Strategies.....
Setting
Goals
Before
you Begin
Business
Life Cycle
Personal
Strategies.....
Where to
Begin
Personal
Life Cycle
Retirement
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Time For Expansion
Once your business is established and sales are at a satisfactory
level it is time to review your business plan and decide how your business
should move forward.
If you want to expand both the top and bottom lines of your
business you might need to review the entire plan. Should you go for ‘more of
the same’ or should you re-evaluate the whole purpose and direction of your
business? How should the new direction complement the old?
For example, should you take this opportunity to put your
business onto the internet and make use of the new technologies to compete in
new, global markets? And if so, how will your new e-commerce activities tie in
with your more conventional trading activities?
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