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THE FOUR STAGES OF BUSINESS EXPANSION: Image
FIRST STAGE—The 4
P's
PRODUCT – Product lines, Production, Delivery, and Service efficiency.
PROMOTION – MARKETING – Public Relations, Advertising & Sales.
PERSONNEL – Human Recourses—Hats, Hiring, Training, Games & Staff management.
PROFIT – Finances—Budgeting, Profitability, Reserves, and Investments.
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Second Stage—MANAGEMENT
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A big part of this stage is Management, Personnel and
Organization Structure
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Third Stage—STANDARDIZATION
Codification for Scaling.
Policies & Procedures.
Software for Scaling.
Standardization.
Legal protection of all Trademarks and Copyrights.
Although much of this may have been done from the beginning, thoroughly
organizing everything is imperative to expand into the Fourth Stage.
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Fourth Stage—REPLICATION
Long-distance communication and reporting systems.
Quality Control missions.
Financial management investment strategies.
National and International legal Division.
THE FOUR STAGES OF BUSINESS EXPANSION: Projects
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