Discuss the logical progression for growing business

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Reference no: EM132274459

Business Phasing

1. Discuss the logical progression for growing a business, which starts from the initial idea and grows into a viable business venture.

2. Explain the phasing approach/how the development phases minimize risk, aid learning/analysis at the earliest possible stages, and create a proper progression of the business venture.

3. Include anticipated resource requirements for each of the following stages of development:

-Idea stage

-Concept stage

-Test marketing stage

-Product/service development stage

-Commercialization

Reference no: EM132274459

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