Tag: Small Business Administration (SBA)
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According to the US Small Business Administration (SBA), approximately 70% of new businesses survive the first two years>The rate drops to approximately 50% for businesses that survive five or more years:How does an owner make the decision to close a business? Is there always one right answer?
Description According to the US Small Business Administration (SBA), approximately 70% of new businesses survive the first two years. The rate drops to approximately 50% for businesses that survive five or more years. How does an owner make the decision to close a business? Is there always one right answer? For this Discussion, consider the…