Churchill and Lewis: The Five Stages of Small Business Growth
Business Finance
Discussion Question
Review the article where Churchill and Lewis say there are five stages of business growth.
- You are asked to assume management of a young business that you quickly see is in the survival stage. Based on the reading, what business and management factors would be critical to taking the business to the next stage?
- What factors that may have helped get the business to its current stage might actually get in the way of growth to the next stage?
- Based on the article, your own experience and observations, what, if anything, would you add or remove from their framework? (And, need I add, why?)
References are Key and need to be cited
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