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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

Opinions expressed by Entrepreneur contributors are their own.

(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.