Every business goes through stages of growth, from ideation to maturation.
Similar to human development, the stages are sequential and certain criteria must be reached, attained, resolved in order to progress to the next stage.
See the chart below and select the stage where you most recognize your business. Most is the operative word, since many businesses have evidence of multiple aspects at once. A software development firm we worked with recently had its operations team at a growth stage, yet its marketing team was at the launch stage. Being unaware of these kinds of mismatches and treating your business as if it were uniformly at a single level inhibits growth.