Starting a business for the first time? The early stages of development can determine your profitability in the years to come. It is important that you work closely with start-up mentor organizations to increase your chances of success.
Depending on the type of business, your “growth” stage may last anywhere from one to five years. Operations are underway but new resources may be needed, along with a network of professionals to support your activities.
Even the most experienced entrepreneurs must periodically take a fresh look at their business and make significant changes to meet the needs of the ever-changing market.