After a business is established one should be extremely observant to very minute details as they arise ever so often. why? Not paying attention at this stage can make or break the business. You must be willing to make adjustment(s) accordingly that will help the it. It may be a new trend, style etc.
During the first stage while trying to get the name "out there" one must also be patient as things generally move slow. If after a six months you can foresee no form of growth it may be time to count losses go back to the "drawing board" and in some cases "jump ship" It all depends.
lets say your business is going great steady growing. That's good but you now have to maintain it. we all get tired you have to add some spice(s) here and there to keep customers.
The last stage business go through is the decline. Sales fall rapidly, consistently or haphazard. This happens for many reasons;technological advancements, slothful economy and the lists goes on. We have very little control over these. At this point one may divest into another niche or inject something into the business that can revive it it may be money another product. It all depends choose wisely!
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