Business failure articles
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Ex-Wall Street Employee Reveals 6 Businesses With Low Failure Rates You Can Start
Businesses had to pivot or shut down during the pandemic. With no sales, demand, and a host of restrictions, small businesses that could transition to a digital platform and still operate took that route while many others ceased to exist.According to the U.S. Bureau of Labor Statistics (BLS), 20% of small businesses fail within the first year. This rate jumps up to 50% in five years. After ten years, two-thirds of all companies have gone under."Not good odds. Not great odds at all," said former...
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Most People Have No Business Starting a Business. Here's What to Consider Before You Become an Entrepreneur
Small businesses could significantly improve their odds by starting the right business at the right time and taking the right steps.
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Florists busy, restaurants struggling as busy celebration season begins
It's the second year in a row UH Manoa's graduation and Mother's Day fall on the same weekend, so if you're looking for fragrant lei and flowers, florists recommend grabbing them while you can.