Business Life Cycle 

You’re always somewhere in the life cycle of a small business. Whether you’re just thinking of a business idea, launching a new business, going to the next level with an existing business, or thinking of selling your business, SBDC offers different options to help you in your journey.

In which stage of the life cycle is your business?

Small business life cycle

Know the business life cycle stages

What should you focus on right now, to best ensure success?

Select below to find the stage that matches your business.

Think: Investigate the potential of your idea


Investigate the potential of your idea

  • Clarify Your Idea
  • Is It Feasible?
  • Who’s Your Market?
Learn More ▶
Launch: Opening your business


Open your business

  • Getting the Customer
  • Managing Your Business
  • Operations
  • Funding
  • Your Business Plan
Learn More ▶
Grow: Increasing your volume and profits


Increase volume and profits

  • Plan to Grow
  • Your Operational Plan
  • Your Team
  • Increasing Your Market
  • Your Financial Plan
Learn More ▶
Reinvent: Adjusting to a changing business climate


Adjust to a changing business climate

  • Market Share/Markets
  • Products/Services
  • Assets
  • Change is going to happen… plan for it
Learn More ▶
Exit: Preparing to sell, merge or close


Prepare to sell, merge or close

  • Exiting Strategy Options
  • Naming Your Price
  • Selling Your Business
  • Professional Advisors
  • Transitioning Your Business
Learn More ▶
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Last modified: September 14, 2015