8 Reasons Why Small Businesses Fail

Avatar Posted by Rieva Lesonsky under Startups
From http://www.smallbizdaily.com 4020 days ago
Made Hot by: SJC on November 26, 2013 10:19 pm
Why do small businesses fail? According to a statistics taken from the Small Business Administration, 70 percent of small businesses make it to their third year, and 51 percent see their sixth. This throws the old notion of most businesses failing within their first year right out of the window, but it does still mean that in five years, many businesses will meet their end.





Comments


Written by lyceum
4015 days ago

The author mentions Blackberry in the post. Do you think that it is a risk that this company will fail in the near future due to the lack of thinking outside the standard mobile platform (box)?



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