ESB Business Life Cycle
Existence - correct answer ✔Starting off; business is starting
survival (of the fittest) - correct answer ✔creating a good customer base;
money starting to come in
success - correct answer ✔steady money is coming in
take- off - correct answer ✔start to make a profit
Resource Maturity - correct answer ✔The most typical fourth stage of the
small business
Characterized by relatively stable or slowly rising sales and profits over
several years.
products/ services are becoming out of date
Pivot or persist - correct answer ✔EITHER:
need to change to something more successful
OR
keep doing what's working
exit plan - correct answer ✔The strategy for leaving an investment and
realizing the profits of such investment.
Existence - correct answer ✔Starting off; business is starting
survival (of the fittest) - correct answer ✔creating a good customer base;
money starting to come in
success - correct answer ✔steady money is coming in
take- off - correct answer ✔start to make a profit
Resource Maturity - correct answer ✔The most typical fourth stage of the
small business
Characterized by relatively stable or slowly rising sales and profits over
several years.
products/ services are becoming out of date
Pivot or persist - correct answer ✔EITHER:
need to change to something more successful
OR
keep doing what's working
exit plan - correct answer ✔The strategy for leaving an investment and
realizing the profits of such investment.
