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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.

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This story appears in the April 2002 issue of Teen Startups.

(YoungBiz.com) - You've probably heard this saying before, most likely from your parents: If you fail to plan, you plan to fail.

Any success in life--from planning a party to starting a business--takes some planning. And while every start-up is different, by going through these seven phases of development, you'll be well on your way to building a business with a solid foundation.

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