Small Business Statistic

According to a Dun & Bradstreet survey, 40 per cent
of small business failures occur between the first
and fifth years of inception, 27 per cent fail
between the sixth and tenth year, and 33 per cent
fail by the time the businesses cross their tenth
year.

References
Toftoy, C. N., & Chatterjee, J. (2004). Mission Statements and the Small Business. Business Strategy Review, 15(3), 41-44. doi:10.1111/j.0955-6419.2004.00326.x

 

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