The focus of this business report is to show my understanding of the phases of the business life cycle. The main discussion is of the four phases in the life cycle and a second discussion
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Ben Hura Business report Executive summary The focus of this business report is to show my understanding of the phases of the business life cycle. The main discussion is of the four phases in the life cycle and a second discussion of the continuation phases of post maturity. The main four phases are the: 1. The Establishment phase 2. The Growth phase 3. Maturity phase 4. Post maturity phase It is recommended that all businesses take advantage of the business phase life cycle chart or diagram as it is valuable for showing how the business is going. Establishment Growth Maturity Post-Maturity Renewal Steady State Decline Cessation Figure 1 is known as a Business Life Cycle Chart and illustrates the four phases of the business life cycle 1. The Establishment phase This phase is when the business is set up. A main goal during this time is to set a firm foundation for future growth...


