A business at the survival stage is solidly based and profitable. Systems and procedures are in place to allow the owner to slow down if desired.

Question

Quizplus · Accepted Answer

At the survival stage, a business is still facing challenges regarding its viability and profitability. Systems and procedures may not be fully developed, and the owner often cannot afford to slow down as the business requires constant attention to sustain and grow.

A Business at the Survival Stage Is Solidly Based and Profitable