7 Phases of Business Start-Up Every business goes through phases, including yours. Here's how to sail through each phase and grow your business.
By Amy Rauch Neilson •
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(YoungBiz.com) - You've probably heard this sayingbefore, most likely from your parents: If you fail to plan, youplan to fail.
Any success in life--from planning a party to starting abusiness--takes some planning. And while every start-up isdifferent, by going through these seven phases of development,you'll be well on your way to building a business with a solidfoundation.
Phase 1:Decide whatyou're good at. The greatest determinant of your success,of course, is you. That's why it's so important that youchoose a business that's right for you, based on what you liketo do and what you're good at.