robert irwin-lunch & learn presentation june 10, 2016
TRANSCRIPT
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Business LifecyclesAny living thing that stops growing, starts dying.
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Computers and TelecommunicationsAre Reshaping the American Enterprise
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Technological Breakthroughs = Quantum Leaps In Industry and Business Growth
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Stages of a Business LifecycleAnd the challenges that must be faced
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Stages of a Business Lifecycle
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1. Startup Stage
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Business Idea Profitability
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Market Acceptance
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Establishing Business Structurecc: palestrina55 - https://www.flickr.com/photos/23072179@N00
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Accounting Management
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Establishing Customer Base
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Establishing Market Presence
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2. Growth Stage
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Dealing w Increasing Revenue
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Managing Cash Reserves
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Dealing w Increasing Customers
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Accounting Management
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Effective Operations Managementcc: jdlasica - https://www.flickr.com/photos/36521958135@N01
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Moving Into New Markets
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Expanding Existing Business
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3. Maturity Stage
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Increasing Market Competition
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Accounting Management
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cc: 401(K) 2013 - https://www.flickr.com/photos/68751915@N05
Managing Cash Reserves
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Moving Into New Marketscc: mikecogh - https://www.flickr.com/photos/89165847@N00
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Expanding Existing Business
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4. Declining Stage
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Increasing Market Competition
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Managing Cash Reserves
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Moving Into New Marketscc: mx2.de - https://www.flickr.com/photos/18281912@N08
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Maintaining Market Share in Existing Markets
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Adding New Products/Servicescc: wht_wolf9653 - https://www.flickr.com/photos/8591632@N05
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Exit Strategycc: Stéfan - https://www.flickr.com/photos/49462908@N00
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Factors Driving Business LifecylceA STRATEGY
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Stages of a Business LifecycleSTRATEGY - REINVENTION
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Business - Market AlignmentBusiness Matched to Industry Lifecycle
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