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  • Having Navigated The Expansion Stage of The Business Lifecycle Successfully, Your Company Should

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    Samuel Debebe
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    The company has successfully expanded and is now seeing stable profits each year. While some companies continue high revenue growth, others see slower growth. The entrepreneur now faces choosing whether to further expand the business by asking if it can sustain more growth, if expansion opportunities exist, and if it is financially able to handle an unsuccessful expansion attempt.

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    The company has successfully expanded and is now seeing stable profits each year. While some companies continue high revenue growth, others see slower growth. The entrepreneur now faces choosing whether to further expand the business by asking if it can sustain more growth, if expansion opportunities exist, and if it is financially able to handle an unsuccessful expansion attempt.

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    11 views1 page

    Having Navigated The Expansion Stage of The Business Lifecycle Successfully, Your Company Should

    Uploaded by

    Samuel Debebe
    The company has successfully expanded and is now seeing stable profits each year. While some companies continue high revenue growth, others see slower growth. The entrepreneur now faces choosing whether to further expand the business by asking if it can sustain more growth, if expansion opportunities exist, and if it is financially able to handle an unsuccessful expansion attempt.

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    of 1

    3.

    Having navigated the expansion stage of the business lifecycle successfully, your company should
    now be seeing stable profits year-on-year. While some companies continue to grow the top line
    at a decent pace, others struggle to enjoy those same high growth rates.

    It could be said that entrepreneurs here are faced with two choices: push for further expansion, or
    exit the business. If you decide to expand further, you will need to ask yourself the same
    questions you did at the expansion stage: Can the business sustain further growth? Are there
    enough opportunities out there for expansion? Is your business financially stable enough to cover
    an unsuccessful attempt at expansion?

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