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Understanding the stages of small business growth

Growing a small business is not a one-time thing. There are a series of stages involved before the business finally grows to maturity. It is important to learn how to go through all the stages of the business growth successfully. Take time and understand all the stages of business growth so that you can learn how to overcome the challenges experienced at each stage. Here are some of the stages of small business growth before full maturity is attained.

Stages of small business growth

Introducing the product or service

This is the initial stage of every business. At this time you have to introduce your product or a service to potential customers and clients. At this stage, you can only hope that your product or service will appeal to clients. This can be a difficult stage in business because it is hardly possible to make any profit. At thing stage, it is difficult to break even because the customers are few and it is a learning process for the business. Some of the businesses make losses at this stage before they finally stabilize.

Survival stage

The survival stage of the business is the determining stage of the business. At this stage, you have to determine whether the business is viable in the long run or not. At this stage, you need to analyze whether the business will be able to make profits and at the same time cover all the overheads and other expenses. If the business cannot make enough profits to cover the overheads, then it is time to terminate the business and start all over again or move to another business.

Business starts to thrive

Once you pass the survival stage, the business will now start to thrive, and this is also a good stage to watch out. At this stage, the business is making profits and sustaining itself without intervention or survival from outside. Many people tend to think that this is a safe stage for the business, but it is easy to go back to survival stage. This is the time to plow back profits back to the business and foster growth.

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Rapid growth

Most of the businesses that are in rapid growth are an international business because they have moved from the local outlook. In this stage, the business name and brand has grown. Most of the businesses in rapid growth are known and established experts in their niche because they have not only grown financially but also in their skill.

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How to decorate a small living room

Decorating a small living room can be challenging keeping in mind that space is limited. However, the process becomes easy when you pick the right furniture and décor items. Limited space should not affect the comfort in your home, and you should be able to live large even in a small space. Many interior design experts have even admitted small space decorating is easy because you can play with a small budget without spending a lot of resources. Here are tips on decorating a small living room.

Tips for decorating a small living room

Light, soft colored furnishings

The best way to decorate a small room without making it feel crowded is by using colored furnishings. Using soft colored sofas and furniture has a way of making the room feel fresh and spacious. You can use soft colored woods for your coffee table and TV stand to give the home a soft look. For the sofa, you can use a soft colored fabric as opposed to a colored one. The main aim is to make the room feel light and open, and soft colors will help you in achieving that.

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Decorate using mirrors

Mirrors have the power to transform a space and especially the small spaces. Placing your mirrors in strategic areas of the home will help in making space look like a huge big space. For instance, placing a large mirror on one side of the wall will reflect the other side of the wall. This has an effect of making the space look and feels big.

Small-scale multi-purpose furniture

 

asdsadadaIt is possible to look for small-scale multi-purpose furniture to avoid crowding your room with unnecessary furniture. For instance, you can look for a coffee table with hidden storage or a poof that has hidden storage. At this time, you should avoid going for sofas with large arms because they will only end up taking your space for nothing. Look for interesting ways to transform your furniture to make maximum use of them.

Make use of the wall space

The challenge with small living rooms is the limited floor space. If the floor space is limited, then it is time to think about the wall space. There are a lot of things that you can do with the wall space to make it useful and still make your home feel organized. The use of floating shelves is one of the ways to make use of the wall space and still decorate your home.…

Casa Angkor Hotel

An Introduction To Angkor Wat Temple

The Magnificent Angkor Wat Temple and all the other great temples in the vicinity that helped make this wonderful city so popular are in close proximity to the hotel.

Our staff will provide the convenience of tour arrangements and will help to recommend a good personal tour guide to take you around. Explore the ruins of ancient temples and marvel at the intricacy of some of the carvings on the walls and under the water on the river beds. Nowhere else in the world has such a rich legacy been inherited except here in the land of the Angkors.

Replicas of Cow-bells, Gongs and the common Paddy-sickles are some examples of artefacts that tourists like to take home as a souvenir for friends back home. They make marvelous conversational pieces since these items constitute the very basis of the Khmer heritage. However, there is nothing like being here in the land of the Khmer forefathers and truly experience for oneself the awe of their legacy.…