![]() |
Business survival rateQuestion What is the survival rate expected for new businesses?
Answer Two-thirds of small businesses survive into the third year, and 44 percent survive into the fifth year, according to research conducted by the U.S. Small Business Administration. This means that over half of all small businesses fail before the end of the fifth year.
Brain Trust contributor:
Author of Instant Profits: Making Your Business Pay
Related Categories: Business Planning, Business Start Up, Entrepreneurship, Government Support, Management
© 2007, Small Business Network, Inc., All Rights Reserved.
Subject to the Terms of Use of AskJim.biz |
AskJim ID: 518
|






