Your business is in the Startup phase.
What is the Startup phase?
The Startup phase is for entrepreneurs in the first few years of operations. A business in the early stages, or the Startup phase, has limited revenue — typically up to $250K. These companies are trying to establish a customer base, are ready to open the doors (or have recently opened them), and nail down a business model that can generate a steady cash flow.
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Did we get it wrong?
Check out resources for other possible business phases: