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The Photographer's Market Guide to Building Your Photography Business, 2nd Edition by Vik Orenstein

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CHAPTER 19:

THE LIFE CYCLE OF A SMALL BUSINESS

A small business goes through growth stages similar to those of a child. Each stage has its unique joys and challenges. Parenting demands that you adapt to the wildly fluctuating needs of the child — there are times you have to do absolutely everything for the child and completely control his environment, and there are times when you have to let go of the control and let the child function on his own. Most of us are best at one stage or another; those of us who are great at caring for a baby, for instance, probably have a harder time allowing their child to spread his wings and take risks when he's older. These parents will also be the business owners who will have a difficult time learning to delegate ...

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