what impact does the life cycle have on a small business 
businesses of any kind or size are affected by a life cycle this means that if a small business can experience growth and maturity if it makes a product or provides a service to its customers it can also go into decline which means the business could fail if challenges aren t properly addressed in which part of the business life cycle does facebook fall meta formerly facebook may be in the maturity phase this means that it may be heading into decline or stability according to various sources including gws technologies 4the bottom linein business a life cycle is a way to describe the birth growth and maturation and eventual decline of a product or service by understanding the sequence of events in a life cycle companies can make better financial decisions these steps include product development market introduction growth maturity and decline stability and in many ways mirror the biological life cycle of a living organism managing the lifecycle of a product is helpful in many ways for a company from getting a better understanding of how to improve on a new product increasing marketing and sales and reducing errors or waste like the packaging 