The greatest works of literature have always followed some sort of lingual structure. From the Narrative Form to the Deductive Form there is a spectrum of structures to write literature, and so it goes for the story of Small Businesses; From Sole Proprietorships all the way to the Corporate Form.
You can break down the small business lifecycle into 3 simple phase. Each phase is unique in how the small business is created and executed. It is a linear lifecycle, meaning one phase can’t happen without first going through the one before it, however, it is possible to bounce back to an earlier phase. Here we will explore these 3 stages.