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BUS TERM I
stages
post-maturity
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Cards (2)
THE POST-MATURITY STAGE
three possible directions
steady
stage
decline
(administration, receivership)
renewal
some people
sell
their businesses while others look for new
opportunities
and business ventures
challenges-
if exit is chosen - a business must determine its
real value
in the current marketplace.
decline state/closed - the
financial
and
phychological
challenges can impact the owner
steady state/decline - strategic plan for
renewal
A business must also be able to support the
negative
cash flow or
investment
in innovation and renewal required to reignite
growth
of a business