I'm not sure I understand the question. If you are referring to how many businesses fail, then I can tell you that over 70% of the businesses that start today will fail within the first five years. This is not to say they will make it that long, but they will fail within that time frame. Some of the major reasons for business failure include:
* No written plan * Undercapitalization * No outside guidance (coach or mentor) * Poor location * Lack of informational resources (internal and external)
* Never took a business course * Poor management skills
The reason most small businesses fail within two years is that they are under capitalized.
The government sent out the military to support the businesses
Eight out of every ten new businesses fail in the three years. This is for a variety of reasons most often a lack of planning for cash flow.
Roughly 50 of small businesses fail within the first 5 years.
50%
50%
It is estimated that ninety five percent of all small businesses will fail within the first five years. The overwhelming cause of these failures is poor financial management and bad bookkeeping.
the figures show that an estimated 1 in 3 business are still running during the first year
If you are asking how many businesses are successful today then the following would apply. Over 70% of the businesses that start today will fail within the first five years. This is not to say they will make it to five years, but will fail within that time frame. Not very encouraging is it? Well, look at it this way. There Are 30% who are successful. Some of the major reasons why businesses are not successful include:* No written plan. * Not enough expertise in product being sold. * No mentor or coach. * Never had a business course. * Not enough start-up cash.
because technolgy wasn't as good as now
40%
Fewer than 10 percent of franchised retail businesses fail during the first two years of operation, whereas approximately half of independent retail businesses fail during that period.