Understanding Business Life Stages
We are dedicated to helping Entrepreneurs understand and navigate the different phases of the organizational life cycle. We know that each stage presents unique challenges and opportunities, and we provide expert guidance and support every step of the way. Whether you're just starting out or looking to make strategic changes to ensure a sustainable future, we can guide you towards high-quality solutions tailored to your specific needs.
The Cycle
Organizations go through different stages, thriving until they reach a crisis or pivot point. How they address these gaps determines whether they can move on to the next stage, decline or even fail. Moving forward requires fundamental changes. Business capabilities must evolve to create and manage systems, controls, and infrastructure. This also involves a change in management practice and a leader's beliefs about the business and the external environment.
It's important to note that life cycles aren't always linear. Transitions to stages can occur haphazardly after major disruptions. Understanding the organizational life cycle and being prepared to adapt to changes can help businesses maintain a sustainable future.
The Phases
They range from initial development to late maturity. Some stay in a specific stage based on the entrepreneur's goals, skills, and resources. Each point requires different tools, control systems, teams, and leadership techniques to ensure sustainability.
How We Help
Depending on the stage, we provide formal needs assessments and tailor unique plans to tackle existing problems and lessen the probability of future issues. Correspondingly, we determine viable solutions, such as:
- Company Sale
- Equity Offering
- SBA-Backed Business Loan
- Evolutionary Change
- Merger
- Spinoff
- Leadership Transition
- Re-Organization
Survival, Rapid growth, and Maturity Stages
For companies in these phase, we handle the following tasks:
- Design and Implementation of Operating Systems
- Departmentalization Plans
- Leadership Transitions
- Succession Planning
- Transaction Advisory
Development and Start-up Phase
Organizations in this stage can count on us to serve as mentors, coaches, and resource specialists for:
- Business Model Refinement
- Execution of Start-Up Methodologies
- Funding Strategies for Movement
Leveraging the Life-Cycle Framework: Helping Small Business Owners Transition from a Lifestyle Business to a Managed Growth Business
By Claude Kershner IV |
We’re Here To Help
For more information, reach out to our consulting experts now.