Ten Common Causes of Business Failure
OnStrategyHQ
MAY 16, 2021
Statistically, roughly 66 percent of new businesses survive two years or more, 50 percent survive at least four years, and just 40 percent survive six years or more. This is according to the study “Redefining Small Business Success” by the U.S. Small Business Administration. Inadequate financing. Poor management.
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