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THE FOUR STAGES OF GROWTH MODEL: 

THE FOUR STAGES OF GROWTH MODEL Pre-start-up stage The period during which entrepreneurs plan the venture and do the preliminary work of obtaining resources and getting organizedprior to start-up START-UP-STAGE The initial period of business when the entrpreneur must position the ventur in a market and make necessary adjustments to assure survival

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Eraly growth stage A period of often rapid development and growth when the ventur may undergo major changes in markets,finanes,and resource utilization Later growth stage the evolution of a venture into a large company with active competitors in an established industry when professional management may be more important than entrpreneurail verve.