08.09.20162 min read

What Growth Stage is Your Business In? Find Out with Our Quiz!

If you ask 10 different people, “How exactly do you define the term small business?" you'll get 10 different answers. The fact is that there are lots of different ways to define it: you can look at how many employees they have, or how much annual revenue they bring in. You can look at how they choose to organize, how long they’ve been in business, or even whether or not they do business internationally. One interesting reality common to the vast majority of small businesses is that they want to grow. And not only that, but at any given time they are on a growth trajectory.

 

 

There are five basic stages of small business growth, which are defined by a matrix of factors: number of employees, annual revenue, annual sales, and common challenges. The stages are:

  1. Solopreneur
  2. New Employer
  3. Steady Operation
  4. 7-Figure Business
  5. Growth Company

We’ve designed this quick quiz to help you find out what stage of growth you’re in as well as the challenges other businesses in your stage face.

As our CEO, Clate Mask, puts it, “Small business is a grow or die proposition.” That’s a serious way to put it, but it holds water. If a small business isn’t growing, there’s a good chance that it could slowly reach the point at which it becomes obsolete. Very few businesses can sustain themselves for long without adaptation and growth. So, the best way to understand how your company is growing is to recognize your current growth stage and to set your course for the next stage.

To learn more about the details of how growth factors into small business success, check out our free report, Defining and Achieving Small Business Success.

Defining and Achieving Small Business Success - Download Now

Was this post helpful?
Created with Sketch.
Infusionsoft cornerstone spinner
close button
Subscribe to our weekly newsletter!

5 Reasons to Subscribe:

1. Weekly tips to dominate sales and marketing

At our core, we're focused on helping you become a sales and marketing machine. We tap into the genius of the best salesfolks and marketers out there to give you daily tips to grow your leads, make more sales, and keep more customers.

2. Expert small business resources that cost you zero dollars

Want to go deep? We have you covered with free guides, webinars, and tools on a range of topics from marketing automation, CRM, and digital marketing to building sales and marketing strategies from the ground up. All for free. All for you.

3. We're focused 100 percent on small business success

We exist for one reason: helping small businesses succeed. We give you the ideas and insights you need to blow the competition out of the water. We serve business owners who are hungry to put in the hard work to grow their business and own the market.

4. We do the work for you

Running a small business is a 110 percent endeavor. You don't have time to surf Internet for the best small business insights and ideas out there. We'll do that for you with the best original content from our team and from industry experts and small business owners.

5. But wait, there's more!

Small business success means more than just sales and marketing, so we also hit on a range of topics to help your small business thrive, including personal and business growth, customer service, and business management.

6. Righteous GIFs

OK, we said five reasons, but we like to overdeliver...and GIFs. We really like GIFs. You're bound to see some righteous ones.

GIF of Ferris Bueler principal's assistant

P.S. We'll never give out your information. We'll only use it to send you awesome content and resources, if you're cool with that.