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.

(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.