How risky is your new business idea? Does history show that you are more likely to fail than achieve success?

Studies have shown that 50 % of small businesses will fail within the first year, and a whopping 95 % will stop trading before they hit their fifth year of operation. Some types of business are more likely to fail than others though.

You’ll find some examples of high risk businesses in the infographic below from Top Business Degrees.

Should You Bother The Most Tried & Failed Small Business Ideas

 

Mark Walker-Ford

Author:
Mark Ford

Categories: Business
  • The ChatGPT Side-Hustle Blueprint_ How to Turn AI Skills into Real Income (1)

    The ChatGPT Side-Hustle Blueprint: How to Turn AI Skills into Real Income

    Are you looking for practical ways to turn your ChatGPT skills into a profitable side-hustle? Want to learn how to turn everyday AI tasks into real, reliable income you can grow over time? […]

  • The Best Free Tech and AI Tools Every Small Business Should Be Using (1)

    The Best Free Tech and AI Tools Every Small Business Should Be Using

    Are you looking for simple, powerful tools that can help your small business run more efficiently without increasing costs? Want to discover the free tech and AI platforms that can boost productivity, improve communication, and support faster growth? […]

  • SWOT Analysis Made Simple_ A Practical Tool for Smarter Decision-Making (1)

    SWOT Analysis Made Simple: A Practical Tool for Smarter Decision-Making

    Are you looking for a simple way to understand your business’s position before making important decisions? Want a clear framework that helps you identify what’s working, what’s holding you back, and where new opportunities might be hiding? […]

  • How Busy Founders Can Use Microsoft Copilot to Cut Their Workload in Half (1)

    How Busy Founders Can Use Microsoft Copilot to Cut Their Workload in Half

    Are you looking for practical ways to reclaim hours in your week without sacrificing the quality of your work? Want to learn how Microsoft Copilot can help you automate, streamline, and simplify the tasks that slow you down? […]