The probability that a new firm will survive,the likelihood that a new firm will go public,the amount of sales growth it will have,and the level of profits it will earn have been shown to be as much as ten times higher in a favorable industry than in an unfavorable one.

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Studies have shown that industry factors can have a significant impact on the success of a new firm, with favorable industries increasing the likelihood of survival, going public, sales growth, and profit levels.

The Probability That a New Firm Will Survive,the Likelihood That