Thomas set aside savings to live on during the initial phase of her business.
Dorf encouraged participants to focus on customer development in the first phase of their business.
In each phase of this business evolution, companies that developed an early mastery of a particular part of the business value chain created significant value.
In the same 25-year time span only two times have the analysts been too bearish compared to actual earnings, and this was in the recovery phase of the business cycle after a recession.
Plans were also adopted to chip down income tax over time (it is now 4%, and is due to fall to 3.9% next year) and to phase out the business tax by a tenth of a percentage point per year over 23 years.
Amid the credit-boom phase of the present business cycle, the Japanese yen has been weak across the board, and is 25% undervalued against the dollar.
The generous bonus depreciation and small business deduction rules begin to drastically phase out in January 2012, which will likely cause a dramatic reversal in investment and other indicators.
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It is a gauge designed in collaboration with Pring Research to reflect its proprietary investment strategy, which tactically allocates among stock, bond, commodity, and cash segments based on the phase of the economic business cycle.
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After a slow start, Boeing is moving on to a new phase of using the pooled technical and business talents now at its command to develop completely new activities.
He also went into some detail about his policy of not paying dividends to shareholders - a practice deemed normal by any other business that has moved beyond the start-up phase.
"Clearly, HSBC is in investment phase in its corporate and investment banking business, " says Simon Price, a London-based analyst at JPMorgan Chase (nyse: JPM - news - people ).
The partnership between UNESCO and the International Center for Journalists (ICFJ), which has assigned a Knight International Journalism Fellow to the project, will ensure that seven major media outlets that participated in the training programme will now advance to the third phase of the project, receiving personalized business coaching over the next several months, ending in August 2012.
This, though -- the CourseSmart experiment at those nine colleges, and what it could lead to in the business world -- is the beginning of the next phase.
In the next phase of his dream life, Bennett plans to combine business and adventure.
She recognizes that if she is to eventually step out of the business, her son needs to be fully involved even during the start up phase.
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"It so happens that this year, the compounds that represent the kind of novel approach to medicine that we want to develop happen to be in phase I or phase II, " says Dennis Burns , the head of global business development at Hoffman-La Roche , Roche's U.S.-based drug division.
The company is today announcing the final phase of its global project to create Silicon Valley-type networks of business creation, a project called BizSpark.
Just to the west of Dagenham, phase one of the regeneration of the Royal Docks is about to open for business.
Be the general and make sure there is a clear authority in the beachhead phase with full rights and responsibility to exploit opportunities as they arise and to guide the business through to the break-even point.
With Cyclacel now a third of the way through the third phase, you can expect to hear more from Mr Rombotis on BBC Radio Scotland's Business Scotland programme later this month.
The fourth and last phase, scheduled to begin in May 2012, will be dedicated to the implementation of the business and marketing plans, which includes adjustment of current advertising rates and possible staff re-assignments, as well as monitoring of progress in achieving financial sustainability.
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