how many small businesses fail?

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how many small businesses fail?

2007-03-24 08:43:12 · 4 answers · asked by Anonymous in Business & Finance ➔ Small Business

4 answers

44% survive after 4 years.

2007-03-24 09:31:06 · answer #1 · answered by uptwospeed 3 · 0⤊ 0⤋

Probably 1 in 10 or more.....People go into them without the proper planning and in many cases invest way too much up front to get them started and never recoup it...

2007-03-24 15:49:15 · answer #2 · answered by arizonaranch 1 · 0⤊ 0⤋

more fail than succeed. the most important thing i can tell u without writing a book is to make sure you have a one year salary saved up to support yourself because usually thats how long it takes to make a profit.

2007-03-24 15:46:59 · answer #3 · answered by Jenny 1 · 0⤊ 0⤋

Failure or success depends on the management and its dedication... noone will do biz to fail

2007-03-24 16:38:21 · answer #4 · answered by GreatVM 2 · 0⤊ 0⤋