Slow and erratic sales, constant cash outflow and lack of established customer base is characteristic of which stage of the business life cycle?

The owners must decide whether to reignite growth, sell or close the business during this stage.

Some growth may still occur but not at the same rate as previously

Challenges include new competitors, not getting too comfortable in the market and giving control over to reliable staff.

Sales level off, market for product is saturated, focus on remaining competitive is characteristic of which stage of the business life cycle?

Falling sales and loss of market share is characteristic of which stage of the business life cycle?

A strategy to meet the cash flow challenges at the Start-up activities could include accumulating adequate savings

When a company is unable to pay its debts as and when they fall due is being

Two main causes of business failure are lack of management expertise and lack of sufficient money

Which of the following is NOT a factor contributing to business decline?

Which of the following is NOT a contributing factor to business decline?