The Five Stages of Small Business Growth

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As business growth happens, the business goes through several distinct stages – from start-up through maturity. One way to evaluate the level of legal support needed by a business is to peg which stage of growth the business is in. There are several different models used to describe the stages of business growth. One of the most popular systems, originally published in the Harvard Business Review, divides businesses into five stages. These stages are summarized ...

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