You must have heard that about 85% of small businesses fail in their first year. But why then are so many start-ups and small businesses started? The reason is simply that a small business has the highest potential earnings out of all investment classes.
The news for small businesses making it past the first year isn’t too bad: two thirds of small businesses survive more than two years; and about 44% make it past four years. Continue reading “5 sources of innovation for start-ups and small businesses”
