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

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