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STATISTICS OF SMALL BUSINESS FAILURE

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May 2, 2022Nearly 1 in 5 U.S. businesses fail within the first year, according to the latest data from the U.S. Bureau of Labor Statistics (BLS).(1)

Jan 3, 2021According to data from the Bureau of Labor Statistics, as reported by Fundera, approximately 20 percent of small businesses fail within the (2)

Top 6 Reasons New Businesses Fail – Investopedia

According to the U.S. Bureau of Labor Statistics (BLS), this isn’t necessarily true. Data from the BLS shows that approximately 20% of new businesses fail (3)

Oct 25, 2018However, from there the number falls sharply. Only about half of small businesses survive passed the five-year mark, ranging from 45.4% to 51% (4)

Small Business Failure Statistics to Know in 2022 – Fortunly

Jan 18, 2022Why Do Small Businesses Fail? · The most common reason small businesses fail is that the market simply doesn’t need their product or service. · 29 (5)

Feb 4, 2022Examining What Percentage of Small Businesses Fail · Roughly 20% of small businesses fail within the first year. · Roughly 33% of small businesses (6)

4 days agoSmall Business Failure Rate Over Time · For a business in its first year of operation, the failure rate is 21.9% · For a business in its second (7)

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