Why Most Small Businesses Fail Within 5 Years
Business Plans Help You Succeed
Through all my years in business advising small business owners, I constantly watch for trends and statistics affecting small businesses. One of the most consistent statistics I always see whenever I check for the latest trend is the statistics that 8 out of 10 startup small businesses fail within the first 5 years.
That’s such a consistent statistics through the years that there must be something behind it. Surely 80% of small business owners can’t possibly be poor business people?
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