Description

Top 10 Reasons Why Most New Business Will Fail in 2013
nChances are you’ve heard the statistics many times before. According to the U.S. Small
nBusiness Administration, only seven out of ten “new employer” firms survive at least
n
ntwo years, and only half will last five years. And these
nnumbers refer only to businesses that have hired employees – if you consider one-person work
nat home businesses; the number of new business failures would almost certainly be higher.
nIf you’ve just started a new business yourself, or are considering doing so, it’s important to
nunderstand exactly why so many new businesses are likely to fail in the coming year, so you
ncan avoid it happening to you.