BizSugar.com › Startups › 90% Businesses Fail in First Year! - These 5 Tips Will Help You Avoid That

Launching a new business is, without any doubt, a risky endeavor. But if you’re not afraid to take the plunge and apply these 5 tips in your business, then there is no reason for your business to fail, not just in its first year but ever. It’s common among first-time entrepreneurs to give their businesses one test year to see what happens. And when things don’t work out the way they expected or wanted it to, they usually decide to close the shop.