13 Mar 2018 08:30
2017 New Business Survival Rate - SBA Report
https://best4businesses.com/new-business-survival-rates-2017-sba-statistics/ based on the SBA Small Business Administration report with the good news for entrepreneurs that 2017 marked the highest percentage of first-year business survivals, a whopping 79.9%, the highest rate in over ten years! Forget those myths that lie that 90% of small businesses fail in their first year. The government facts prove otherwise. Annually 406,000 new businesses are started in America. Small business has a big role in the US economy comprising 99.9% of all firms. Small exporting firms are responsible for 32.9% of total export value, $440 billion out of $1.3 trillion.
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