Expert Answers to STATISTICS ON SMALL BUSINESS SUCCESS RATES?

STATISTICS ON SMALL BUSINESS SUCCESS RATES

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Here are the top expert answers (with references) for statistics on small business success rates based on our research:

The Percentage of Businesses That Fail – LendingTree

… 2 Nearly 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)

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

… 3 According to data from the Bureau of Labor Statistics as reported by Fundera approximately 20 percent of small businesses fail within the (4)

Top Reasons For Small Business Success and Failure Rates

… Small Business Failure Rate / Success Rate According to the U.S. Bureau of Labor Statistics 21.7% of startup businesses fail their first year of operation.(5)

… 4 Small Business Failure Rate by Industry Health care and social assistance are the best industries for small business survival. 85% of (6)

Small Business Failure Statistics to Know in 2022 – Fortunly

… 18 Statistics on Small Business Failure · Only 78.5% of small businesses survive their first year. · The small business failure rate has declined by (7)

… 1 Small business stats show that most businesses in America have fewer than 500 employees. Breaking this down further we see that there are (8)

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