Friday, June 17, 2011

Business in Decline


According to a report by IbisWorld, these are the top 10 US industries in the "decline" phase of their life cycle.
1. Manufactured Home Dealers
2. Record Stores
3. Photofinishing
4. Wired Telecommunications Carriers
5. Apparel Manufacturing
6. Newspaper Publishing
7. DVD Game and Video Rental
8. Mills
9. Formal Wear and Costume Rental
10. Apparel Manufacturing
Basic business theory says that all companies go through three-stage cycle of growth, maturity, and then decline.

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