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What happens during the decline stage of the business life cycle? You take a hard look at what you are doing and make the changes

What happens during the decline stage of the business life cycle?

  • You take a hard look at what you are doing and make the changes you need for another successful run at the market
  • You are building all of the systems you will need for sustainability in your business
  • You are working on a variety of strategies for growing your business to the next level
  • Sales start dropping after being in the maturity stage for a period of time

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