business cycles

What Strategies Can Entrepreneurs Use During Different Phases?


Expansion Phase:
Scaling operations to meet rising demand.
Investing in innovation and new technologies.
Expanding market reach through aggressive marketing and sales efforts.
Contraction Phase:
Focusing on cost-efficiency and reducing overheads.
Maintaining a strong cash flow and liquidity.
Exploring alternative revenue streams and diversifying offerings.

Frequently asked queries:

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