Measurement of Firm's development

Dmytro Oleksenko

Bachelor's thesis

Abstract:

The following paper describes the Measurement of Firm’s Development. From the basic idea to full business maturity. This paper will be divided into two parts. In the first part will be information regarding main business stages, business life cycle itself and main indicators that help to measure growth of the business and properly recognize the actual stage of the company. It will be performed in the form of literature analysis, and the available data from trusted internet resources. The second part will be about real life examples, figures, statistics provided by trusted resources and working measurement indicators, described in the first part of this paper work. This work could be useful for aspiring entrepreneurs who are ready to make a first step in the world of business and want to reach success. On the other hand, business owners and managers can find here some useful tips and ideas that potentially could increase their business productivity.

Abstract:

The following paper describes the Measurement of Firm’s Development. From the basic idea to full business maturity. This paper will be divided into two parts. In the first part will be information regarding main business stages, business life cycle itself and main indicators that help to measure growth of the business and properly recognize the actual stage of the company. It will be performed in the form of literature analysis, and the available data from trusted internet resources. The second part will be about real life examples, figures, statistics provided by trusted resources and working measurement indicators, described in the first part of this paper work. This work could be useful for aspiring entrepreneurs who are ready to make a first step in the world of business and want to reach success. On the other hand, business owners and managers can find here some useful tips and ideas that potentially could increase their business productivity.

Keywords

Business life cycle, development phase, startup phase, growth phase, expansion phase, maturity phase, business development, KPIs, business efficiency, SMART targets, Financial Performance, Customers Measurement, Employee Measurement, Benchmarking, measure business performance

Language used: English

Date on which the thesis was submitted / produced: 18. 7. 2022

Thesis defence

• Date of defence: 18. 8. 2022
• Supervisor: doc. Mgr. Ing. Petr Wawrosz, Ph.D.
• Reader: Ing. Petr Mach, Ph.D.

University of Finance and Administration

Bachelor programme / field:
Economics and Management / Business Management and Corporate Finance