$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!


In the business environment, business gets to begin from a point and progresses from one stage to another. It undergoes through four distinct stages. The ensuing processes constitute the life cycle of the business. These stages that a business passes get elucidated in detail.

Inception stage

It is a point in which the idea of a business gets conceived. The conception is then taken for deliberation, approval, tested, and launched. Once launched, the product is now developed for commercial use. At the stage, there are immense challenges of overcoming the acceptance in the market. The business strives to set and establish a niche. The structure of the business gets aligned, acquiring professional leaders who are going to lead the business in the right direction. It is here that there is a need for proper scheduling and strategies for the business to pick and get a sizeable market. There is a need for aggressive marketing so as to get the business known amongst the clients. Promotion and campaign are rigorous. The business employs that money for the owners for all its operations (Kozan, & Akdeniz, 2014).


Growth stage

It is the initial stage at which the business is getting to rise in the market. The characteristic at this point is that there is increased customer base, sales volume is high, and vibrant growth. The challenges encountered are money and time for venturing more to wider markets. There is an essentiality to come up with business plans that are attracting the available market, proper management, and aggressive marketing. The focus is on maintaining the client base that is already captured through quality products and services. There is a need for doing aggressive promotion. The company endeavors in getting involved in lobbying for grants, leasing, partnerships, and depending on profits as sources of money for business operations (Meng et al., 2013).


Maturity stage

The business at this point is well established in the market and competed favorably with giants dominating the market. There are customers loyal to the business; high sales volume is noticeable, and the existence of the business is routine. The stage gets characterized by competitiveness that is so aggressive due to many players in the market. The establishment is aware of the competitors, the strengths, and weaknesses. They employ the weakness as an opportunity to take on and create a leeway of venturing to unmet needs in the market. The tastes of customer need to be known since the preferences changes with time. It is done via conducting market research. It then allows the business to tailor the products and services to meet that changing preferences of customers. Furthermore, there is a need to undertake new ventures and diversification so as to get varied number of customers and get all clients in the market irrespective of age (Kozan, & Akdeniz, 2014).


Decline and exit stage

It is a point in which the company can no longer cope with changing demands in the market due to change in the prevailing conditions of the market, society, and economic conditions. There is a drastic decrease in sales, profits, and cash flow. The business owners are going to look for new opportunities in an effort to bring business back to normal. Owing to a drastic decrease is sales; the company will no longer be capable of sustaining itself but is forced to exit. There is a necessary to carry-out valuation of the business, sale and a plan for transition put in place (Olawale, & Garwe, 2010).


Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2015). The Stage Of Business Growth. Retrieved from

"The Stage Of Business Growth." My Assignment Help, 2015,

My Assignment Help (2015) The Stage Of Business Growth [Online]. Available from:
[Accessed 24 January 2020].

My Assignment Help. 'The Stage Of Business Growth' (My Assignment Help, 2015) <> accessed 24 January 2020.

My Assignment Help. The Stage Of Business Growth [Internet]. My Assignment Help. 2015 [cited 24 January 2020]. Available from: has become one of the leading assignment help provider in New York City and Boston. We provide top class auditing assignment help. Not only auditing, but we also cover more than 100 subjects and our writers deal with all types of assignments with utmost expertise. To make writing process faster and accurate, we have segmented our assignment experts' teams as per their expertise on writing different types of assignments. We guaranteed that students who buy our assignment online get solutions worth their investment.

Latest Management Samples

BUS1BAN Analysing Business Data

Download : 0 | Pages : 5

Answer: Introduction Nowadays, there is a very common issue that is gaining the attention of the media. This is under weighing of canned products. It is claimed that the contents in the can have a net weight which is less than the weight specified on its label. This issue has been investigated in Australia on Tuna cans. Tuna cans are available in the market in two cans. These are Brand A and Brand B. Both the brands are of 100 gm net weight a...

Read More arrow

MN612 Enterprise Architecture For Office Relocation Project

Download : 0 | Pages : 8

Answer: Introduction The Hewlett-Packard Company which is commonly known as the HP is one of the biggest IT Company in the world. The organisation provides global services of many different kinds of products, solutions, technologies and services to customers and businesses. The organisation is having several offices all around the globe which takes care of the business [3]. This paper provides information about one of the major office relocat...

Read More arrow

HI5017 Managerial Accounting For Traditional Costing System

Download : 1 | Pages : 19

Answer: Introduction Organisations have seen a lot of changes in the operating environment of a business concern for more than half a century. Nowadays manufacturing concerns produce varieties  of di products with globalization  impacting most organisations . With the modernization of the manufacturing concerns, a new form of costing called activity based costing is steadily replacing traditional costing methods (Dale and Plunkett 2...

Read More arrow

ITECH7410 Software Methodologies Engineering

Download : 1 | Pages : 9
  • Course Code: ITECH7410
  • University: Federation University
  • Country: Australia

Answer: Introduction The Heating Company is responsible for the production of heating equipment for both the residential and the non-residential facilities. The proposed plans for the company are to develop new lines of gases and development of improvised central heating control (CHC) systems for both the residential and non-residential facilities. The core proposals for the central heating control systems are to model the functional specific...

Read More arrow

ICT700 System Analysis And Design For Adaptive Methodologies

Download : 0 | Pages : 7

Answer: Introduction to Adaptive Methodologies The required system needed for the OJL can be developed using a variety of different methods and approaches. However, each of the methods may or may not be the most optimum method and the resulting output may as well differ based on the methods and approaches that were followed. Also, the approach that is followed also plays an important role in deciding the behaviour of the system and also, it&r...

Read More arrow

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits




Overall Rating



Our Amazing Features


On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.


Plagiarism Free Work

Using reliable plagiarism detection software, only provide customized 100 percent original papers.


24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.


Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.


Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 5/5

134 Order Completed

95% Response Time

Thomas Nelson

MS in Information Systems Technology with Specialization in Database Administration

New Jersey, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1758 Order Completed

99% Response Time

William Martinez

MS in Biology

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

798 Order Completed

97% Response Time

Benjamin Blakeman

MSc in Medical Technology

London, United Kingdom

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

752 Order Completed

100% Response Time

Hugh Cleave

Masters in Human Resource Management (MMgt, HRM)

Wellington, New Zealand

Hire Me

FREE Tools


Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.


Essay Typer

Get different kinds of essays typed in minutes with clicks.


GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.


Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.


Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability




Your Approx Earning

Live Review

Our Mission Client Satisfaction

I have a very good experience with assignment help. In last semester i will take help for many assignments. I got very good grades from these assignments. Now, this semester I will take help from them in many assignments. The price of the assignments...


User Id: 270427 - 24 Jan 2020


student rating student rating student rating student rating student rating

great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job great job ...


User Id: 114483 - 24 Jan 2020


student rating student rating student rating student rating student rating

it was good and fast. my grade was good. only hoped if the price could have been lesser or else all good.


User Id: 310094 - 24 Jan 2020


student rating student rating student rating student rating student rating

Thank you for helping me and will support to promote to my friends. Great customer services


User Id: 219398 - 24 Jan 2020


student rating student rating student rating student rating student rating
callback request mobile
Have any Query?