Title: What Is a Business Cycle & Why Is It Important? | Small Business - Chron.com
Headings: What Is a Business Cycle & Why Is It Important?
What Is a Business Cycle & Why Is It Important?
What Are Business Cycles?
Business Cycle: Expansion and Peak
Business Cycle: Contraction and Trough
Why Business Cycle Phases Matter
References

Content: What Is a Business Cycle & Why Is It Important? | Small Business - Chron.com
What Is a Business Cycle & Why Is It Important? Small Business
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Business Communications & Etiquette
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Importance of Business Communication
By Danielle Smyth Updated November 20, 2020
When running a business, understanding business cycles is essential to success. Sometimes referred to as a trade or economic cycle, a business cycle is the measured expansion and contraction of economic growth within a period. With a clear understanding of business cycles, business owners can make informed decisions. Note that business cycles are relevant on both a micro level and macro level, so your company experiences them along with the larger economy in which your business operates. What Are Business Cycles? Business Insider imagines business cycles as the ebb and flow of a tide. Business cycles naturally fluctuate through four phases or stages: expansion, peak, contraction and trough.