In today’s blog we explore business growth, and the challenges it brings about in terms of efficiency. First, we will understand the various stages of a business lifecycle. A business goes through a broadly defined life cycle consisting of the following phases: Startup Growth Maturity Decline In the startup phase, businesses are focused on developing and marketing their initial set of products and on breaking even. This phase usually has businesses operating at a net loss as the cost of marketing, research and development far exceed the revenues generated. Also, startups are not overly complex in their structure and do