Posts Tagged business fail

Mark Cuban: These Are the Top 4 Reasons Most Small Businesses Fail

Mark Cuban: These Are the Top 4 Reasons Most Small Businesses Fail

You may not realize it, but most U.S. businesses are small businesses; SBA statistics show that 99 percent of all businesses are independent companies with fewer than 500 employees.

That’s the good news. The bad news? While estimates vary, according to Bureau of Labor Statistics data 20 percent of new businesses fail within two years, 45 percent during the first five years, and 65 percent during the first 10 years. (Only 25 percent make it for 15 years or more.) (Read on…)

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