There are mainly 5 stages of any startup-

1 Idea Generation - The first and the most crucial stage of any startup is idea generation. When an individual comes with an idea or a thought of starting a venture, this is called the first stage of any startup. 

It mainly involve 3 things-

Skill - Before thinking about any startup one must be well aware of the fact that he has enough skills to run a business as without skills no business can survive in long run. 

Funds - Funds are as important as skills because without funds it is unwise to imagine about any startup. So, one must know from where funds will come. He may request friends or relatives for help or may go for a business loan.

Market demand – It is also a crucial factor for the success of any business because without demand products cannot be sold. So, it is better to analyse before launching any product that market has enough demand for the same.

2. Organization – Organization is also an important part of any business plan or strategy as without organization it is not possible to perform any task. At this stage a person can organize things such as land, manpower and machinery. Best location, best manpower and best machinery are 3 important pillars of any enterprise.

3. An Early Stage –  This is also called the growing stage. At this stage one cannot imagine about high profits rather he is supposed to think about recovery of the costs. Once the recovery of costs is done, one can think about the profit generation.

4 Marketing – This is the factor which cannot be aparted from any business plan. Without marketing or advertising success of any product cannot be imagined so it is must to invest some amount on the marketing of a product.

5 Expansion – Once a business is able to recover all the costs it’s the time to think about expansion of it. This is the final stage and it indicates that the startup has grown significantly.