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5 Reasons Small Businesses Fail

Published on 04 November, 2017




Small businesses have it rough. In the U.S alone, 20% of small businesses fail within the first year, while 70% of them fail by the 10th year. Soemtimes it's easy for us to focus on the good stories only, which is understandable - it helps motivate us. But there is often more to be learned from failure than success, and that's why it can be so important to understand why so many small business fail. Here are 5 key reasons put together by InsuranceQuotes;