Australia - distribution businesses Western Australia by stage 2017

This statistic displays a distribution of businesses in Western Australia as of December 2017, by stage. As of this date, around 34.4 percent of businesses in Western Australia were in the established stage, meaning that they carved out a niche in the market with a loyal customer base.

Distribution of businesses in Western Australia as of December 2017, by stage

Characteristic	Share of businesses
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Release date

February 2018

More information

Region

Australia

Survey time period

October and December 2017

Number of respondents

259 respondents

Special properties

business owners, leaders and managers in Western Australia from small and medium businesses

Supplementary notes

The business states are described by the source as follows:
Concept - just a thought or idea
Start up - exists legally and is offering product or services to customers
Growth - revenue and customers are increasing with many new opportunities and issues
Established - carved out a niche in the market with a loyal customer base
Expansion - a new period of growth into new markets and distribution channels in a bid to increase market share.
Mature - stable year-on-year sales and profit but facing fierce competition - focusing on retention rather than growth
Exit - cashing our or shutting down.

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