ADVERTISEMENT
  • About
  • Contact
  • Testimonials
  • Demographics & Advertising Rates
Monday, January 25, 2021
Search
    Generic filters
    California Business Journal
    50 °f
    Los Angeles
    49 ° Tue
    53 ° Wed
    55 ° Thu
    53 ° Fri
    53 ° Sat
    55 ° Sun
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

    • People
    • Featured
      law swirl stairs

      Down and Dirty

      284 RUdQVDAwNTEuanBn

      The Rising Phenomena of Solar Energy Hits A New Gear in California

      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      electric vehicle charging station 2

      The Electrification of Transportation

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

    • Law
      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

    • News
      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

    • Human Interest
      • Food
      • Art & Culture
    • Education
      How to Prepare for a Mountain Trip (2)

      How to Prepare for a Mountain Trip

      law swirl stairs

      Down and Dirty

      Benjy Grinberg

      Philanthropy Corner: 7 California Businesses That Care About Education By Supporting It With Millions of Dollars

      california-consumer-privacy-act

      How CCPA Has Impacted Businesses

    • Health & Fitness
      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    California Business Journal
    • Front Page
    • Business
      • Insurance
      • Real Estate
    • Finance
      claiming gambling losses on your taxes

      Can you claim gambling losses on your taxes?

      Nicholas Yrizarry

      In Perfect Alignment

      Invest-in-Your-Childs-Future

      Start Investing Now For Your Child’s Future

      IMG 8554 - From a “Wish List” to a “Reality List”

      From a “Wish List” to a “Reality List”

    • People
    • Featured
      law swirl stairs

      Down and Dirty

      284 RUdQVDAwNTEuanBn

      The Rising Phenomena of Solar Energy Hits A New Gear in California

      Silicon V Real Instituto

      The Entrepreneurs ‘Angell’

      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      Flags-of-the-world

      The Impact of Covid: Racing to Buy Second Citizenships

    • Technology
      West Gary, MinTech’s Chief Technical Officer2

      Dust Buster

      electric vehicle charging station 2

      The Electrification of Transportation

      Plaxonic Technologies Innovate

      Plaxonic Technologies: Leading Innovation

      tech devises of the future - Latest Devices to Make Our Lives Easier

      Latest Devices to Make Our Lives Easier

    • Law
      law books

      Career paths available with a law degree

      background-check

      How Do Background Check Sites Find Your Information?

      hurricane

      Weathering the Storm

      tower-bridge-london-england

      How to apply from the USA to one of the most famous law universities in the UK

    • News
      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

      AB3088

      California COVID-19 Rent Relief Policies Economically Unsustainable

      american-flag

      Dreamers Won Full Restoration of DACA…What Now?

      Airplane Landing

      London Heathrow one step closer to controversial third runway

    • Human Interest
      • Food
      • Art & Culture
    • Education
      How to Prepare for a Mountain Trip (2)

      How to Prepare for a Mountain Trip

      law swirl stairs

      Down and Dirty

      Benjy Grinberg

      Philanthropy Corner: 7 California Businesses That Care About Education By Supporting It With Millions of Dollars

      california-consumer-privacy-act

      How CCPA Has Impacted Businesses

    • Health & Fitness
      The Surprising Link Between Gut Health and Mental Health - The Surprising Link between Gut Health and Mental Health

      The Surprising Link between Gut Health and Mental Health

      Eesha Patel feature

      Multi-Dimensional Reality

      166521182

      One Hour Each Morning for the Remaining 23

      87 CBN vs CBD How Are the Benefits Different - Commonly Asked Questions About CBD Oil in the USA

      Commonly Asked Questions About CBD Oil in the USA

    Search
      Generic filters
      California Business Journal

      How Long Does It Actually Take to Grow a Business?

      About 20% of businesses fail within their first year.

      by California Business Journal Editorial Staff
      A A
      Grow Your Small Business written on road sign
      Share on FacebookShare on Twitter

      If you’re thinking about starting a business or have already done so, then you might be worried about your progress. Instead of being anxious about the future, it’s important to know about the normal growth rate of a new business.

      Are you wondering how long it actually takes to grow a business? Keep reading to learn all about it.

      1. The First Year

      The first year of your business can be as exciting as it is nerve-wracking. From a profit standpoint, business growth will most likely be minimal. This is because it takes a lot of financial investment to get a business up and running.

      As the saying goes, you have to spend money to make money. However, you can expect a lot of little successes worthy of celebration, as well as a fair amount of interest from customers and the media. By surviving your first year, you’ve reached a milestone in business growth.

      2. The Second Year

      Are you still asking yourself, “How long does it take to grow a business?”

      The second year is often one of the most difficult for a new business. The reason for this is that money starts becoming very tight. Plus, interest in your business can begin to wane because, in some people’s eyes, it’s not new and exciting anymore.

      3. The Third Year

      If you want to learn how to grow a business, then you should know that getting a small profit or breaking even by your third year should be seen as a success.

      ADVERTISEMENT

      At this point, if you truly believe in your business idea, then you must continue to push all the harder. However, it’s also okay to decide that the business isn’t something that can sustain itself for a longer period of time.

      4. The Fourth Year

      When growing a business, you might hear stories about skyrocketing successes. You shouldn’t feel envious, however, because the media often considers a fourth-year business an “overnight success.”

      At this point, you should see signs of increasing profit and customer engagement, but you’re not out of the woods just yet.

      Related

      Reborn Cabinets, Anaheim, Calif.

      BBB Torch Awards Recognize Orange County Businesses

      January 19, 2021
      San Diego skyline

      Insider Corner: David Ebrahimzadeh Discusses The 10 Best California Towns to Invest In

      January 14, 2021
      Load More

      5. The Future

      Simply put, starting a business isn’t easy. Despite the difficulty, you can turn your professional dreams into a reality if you persevere and make the right business choices.

      You should always be willing to tweak and improve your business model. Adaptability is a key ingredient to a thriving, long-term business.

      Don’t forget that one of the largest pizza chains, Papa John’s, started by selling pizzas in a broom closet.

      Are You Ready to Grow a Business?

      Now that you’ve learned all about how long it actually takes to grow a business, you can make sure that you’re on the right track. Rome wasn’t built in a day, as the saying goes, but you can start working toward your goals.

      Growing a business involves a lot of skill and know-how. With this in mind, you should stay up to date on all the latest tips and news by bookmarking our site.

      Tags: business growthinvestmentpizzastories

      Get real time update about this post categories directly on your device, subscribe now.

      Unsubscribe
      ADVERTISEMENT
      Previous Post

      What You Need to Know Before Hiring a Deck Contractor

      Next Post

      11 Essential User Engagement Metrics for Your Website

      California Business Journal Editorial Staff

      California Business Journal Editorial Staff

      WHAT TO READ NEXT

      How to Prepare for a Mountain Trip (2)
      Education

      How to Prepare for a Mountain Trip

      January 24, 2021
      law swirl stairs
      Editor's Choice

      Down and Dirty

      January 21, 2021
      Benjy Grinberg
      Education

      Philanthropy Corner: 7 California Businesses That Care About Education By Supporting It With Millions of Dollars

      January 20, 2021
      california-consumer-privacy-act
      Education

      How CCPA Has Impacted Businesses

      January 20, 2021
      OIP 2 - Silicon Valley's Celltrio is utilizing the design theory popularized in LEGO building sets to automate lab processes for harvesting cultured cells.
      Featured

      Silicon Valley’s Celltrio is utilizing the design theory popularized in LEGO building sets to automate lab processes for harvesting cultured cells.

      January 19, 2021
      Reborn Cabinets, Anaheim, Calif.
      Education

      BBB Torch Awards Recognize Orange County Businesses

      January 19, 2021
      Next Post
      California Business Journal Analytics 2020.1

      11 Essential User Engagement Metrics for Your Website

      Follow Us

      ADVERTISEMENT

      Categories

      • Art & Culture
      • Business
      • Editor's Choice
      • Education
      • Featured
      • Finance
      • Food & Dining
      • Health & Fitness
      • Human Interest
      • Insurance
      • Law
      • Marketing
      • Medical
      • News
      • People
      • Popular
      • Real Estate
      • Social Media
      • Technology
      • Uncategorized

      CBJ Partner Firebrand Media

      Laguna Beach Independent Newspaper

      Laguna Beach Magazine

      Laguna Beach City Guide

      On The Menu Laguna Beach

      Newport Beach Independent Newspaper

      Newport Beach Magazine

      Newport Beach Country Club Magazine

      Coastal Real Estate Guide (NB,LB, CDM)

      Montage Magazine

      Monarch Beach Resort Magazine

      Pacific Coast Magazine (SoCal)

      Omni Escapes Hotel Magazine

      Sea Island Life Magazine

      Salamander Hotel & Resorts Magazine

      Bespoke Concierge New York

      Evans Hotels

      View our entire portfolio here

      ADVERTISEMENT
      ADVERTISEMENT
      Facebook Twitter LinkedIn LinkedIn Instagram
      C B J   LOGO  SVG-01
      • About
      • Contact
      • Testimonials
      • Demographics & Advertising Rates

      Newsletter

      Top Stories

      • Judge gavel, scales of justice and law books in court

        Lawsuit Basics: How Much Does It Cost to Sue Someone?

        0 shares
        Share 0 Tweet 0
      • REPORT: TECH GIANT CISCO ABOUT TO LAY OFF 14,000

        0 shares
        Share 0 Tweet 0
      • The DealMaker

        0 shares
        Share 0 Tweet 0

      Latest Articles

      How to Prepare for a Mountain Trip (2)

      How to Prepare for a Mountain Trip

      January 24, 2021
      law swirl stairs

      Down and Dirty

      January 21, 2021
      human-resources-concept

      Commentary: The Intersection of HR and Tech to Create Better Workplaces

      January 20, 2021

      California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
      ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
      Site Design by 1REALTOUR

      Search
        Generic filters
        • Front Page
        • Business
          • Insurance
          • Real Estate
        • Finance
        • People
        • Featured
        • Technology
        • Law
        • News
        • Human Interest
          • Food
          • Art & Culture
        • Education
        • Health & Fitness

        California Business Journal | California Business News, California News Media, California business articles | Orange County, Los Angeles, San Diego, Inland Empire, Northern California, San Francisco | Huntington Beach CA 92649 | (949) 648-3815
        ALL RIGHTS RESERVED BY CALIFORNIA BUSINESS JOURNAL.
        Site Design by 1REALTOUR

        Do NOT follow this link or you will be banned from the site!