Where is your business now?

It is essential to have an understanding of the Business Life Cycle when considering starting your own business so that you will be able to maiximise opportunities and minimise pitfalls at whatever stage the business is in the lifecycle.
The Life of a business (or indeed a product, the pattern is identical) can be summarised as follows: startup-growth-maturity-decline.
Alan will be glad to offer expert advice which will ensure that your business does not reach the 4th stage - Decline. The Business Life Cycle is represented in this diagram:

Click the point on the Business Life Cycle diagram which best represents the current state of your business.

Follow this link to the Business Start-Up page with information on: Bank Loans, market research, pricing and budgeting.

Follow this link to the Business Growth page covering topics such as:
Overtrading,
debt-management
and Human Resources.

Follow this link to the Business Maturity page covering topics such as: diversification, down sizing, sale of business, innovation.

Follow this link to the Business Decline page covering topics such as
re-invention,
new markets,
re-financing.