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TextMature Business Information
STEP FOUR: Managing a Mature Business
You have grown the business and you are known in the marketplace and the community. You have loyal customers and a significant high volume of repeat business. There are still challenges to meet and decisions to make.
Listed below are some characteristics of businesses in the mature phase.
- Innovation
- Sustaining growth
- Declining sales
- Management succession
- Exit strategy
- Merger and acquisitions
| Listed below are some links to help you if you are in this stage of development. | |||
| Business Opportunities | Financing | Technology Transfer | Other Resources |
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