Seed Stage
The initial phase where a business is in its infancy, focused on product development, market research, and establishing the foundational elements.
Startup Stage
The period of formalizing the business model, acquiring initial customers, and refining operations for sustainable growth.
Growth Stage
Characterized by an increase in customer base, revenue, and market share, with a focus on scaling operations and building brand recognition.
Expansion Stage
Involves entering new markets, diversifying product or service offerings, and managing increased complexity in operations.
Maturity Stage
The business has achieved stability, with a well-established market presence, and focuses on optimizing operations, sustaining profitability, and potentially exploring new innovations or markets.