Why Do Many Small Businesses Fail?
According to the Small Business Administration, two-thirds of new businesses survive for at least two years, and only 44 percent survive at least four years. Over half of small businesses fail within three years of starting.
You are not likely to sell what the public does not know exists. Nor will you sell it if the public does not know you’ve got it, or if the public does not know you are there. Whether you have a business with a hundred representatives or agents throughout the world, or just a tiny back-street shop which you opened in your spare time, the same truth applies.
Entrepreneurial Benefits
Advantages of owning your own business.