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The Five Stages of Small Business Growth

The Five Stages of Small Business Growth

Leer en españolCategorizing the problems and growth patterns of small businesses in a systematic way that is useful to entrepreneurs seems at first glance a hopeless task. Small businesses vary widely in size and capacity for growth. They are characterized by independence of action, differing organizational structures, and varied management styles.Yet on closer scrutiny, it…

Definition of Savings

Definition of Savings

Savings is the money a person has left over when they subtract their consumer spending from their disposable income over a given time period. Savings can be used to increase income through investing.Savings refers to the amount left over after an individual’s consumer spending is subtracted from the amount of disposable income earned in a…