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IT'S A PRETTY SIMPLE CONCEPT

Over time, we change shape.  And our business does as well.

CHANGE-SHAPES.png

AFTER TIME

START OF

BUSINESS

  • needs a retirement fund

  • desires a long vacation

  • has tuition, kids, parents, and bills to take care of

  • trying to simplify

business

  • goals aligned

  • finances combined

  • owner is the talent

  • demands reinvestment

  • payroll & debt burden

  • needs new systems, new people, new tech, more complexity

owner

and

business

owner

THE EVOLVING DEMANDS OF SMALL BUSINESS OWNERSHIP

THE FIVE STAGES OF SMALL BUSINESS GROWTH

adapted from Harvard Business Review, 1983 - N. Churchill & V. Lewis

5-stages-of-small-business-growth2.png

most businesses

do not pass this stage

AS THE BUSINESS GROWS,
DIFFERENT SKILLS ARE REQUIRED OF THE OWNER
5-stages-of-small-business-owners2.png

complete shift

of skills required

REST OF PAGE UNDER CONSTRUCTION
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