This thesis defines the concept of business cycles while analyzing their characteristics, stages, types, and theories about their emergence. The basis of this thesis is the business viability in different phases of business cycles. From the displayed activity and results of companies it can be concluded that a business can successfully handle market changes. The efficiency of a business is observed through coping with different circumstances that the market faces, foreseeable and unforeseeable. The analysis used yearly, and internal company reports. It can be gathered, from the analysis, that the company did not resort to reducing the work force even though that is one of the factors that is targeted first in case of difficult conditions on the market. Quite the opposite, the movement of workers is on a constant rise, the same being deducted from the fact that the company expanded and invested in employee training even in the period of crisis. Service workshops were opened across the region, with those services being the ones to mark an upward trend in all phases of business cycles. Surely, the business profitability was contributed to by some prior events, such as privatization, employee stock ownership and entering contracts for authorized distributor with the renowned manufacturer and partner MAN.