Business foundation
Storyboard Text
- The first stage of a business cycle is the expansion.
- expansion leads to the peak of a business, which all businesses can agree is the best part of their business.
- This is basically the best a company will do before it goes down. they chart usually looks like it is going straight up during this session.
- The recession is when the business goes down. this will eventuall lead to the companies worst performance in their business, and when they need to figure out their problome and how to fix it.
- The next stage of the business cycle is called the recession.
- The trough is the worst a company will do before the cycle will restart.
- The previous stage, recession, will eventually lead to the next stage known as trough.
- This is typically when the owner is dealing with mass amounts of stress thinking that his whole business is going to go under. That is why another word for this stage is called the depression stage.
- The next and final stage of the cycle is the recovery stage.
- After this stage, the cycle will just continue.
- The recovery stage is when the company is recovering from their massive loss. The company figured out a solution to their problem, and are now selling again.
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