As businesses grow, they go through several distinct stages – from startup through maturity. There are several different models used to describe these states. One of the most popular systems, originally published in the Harvard Business Review, divides businesses into five stages. As detailed in a more user-friendly manner here, these phases are: (1) Existence, (2) Survival, (3) Success, (4) Take-Off, and (5) Maturity.
However, this five-stage model does little to guide the business… [read post