Which of the following statements regarding business success (or failure) rates is correct?
A) After four years, 15 percent of new businesses are still open.
B) After four years, 25 percent of new businesses are still open.
C) After four years, 50 percent of new businesses are still open.
D) Two out of three businesses fail within the first four years.
E) Nine out of ten businesses fail within the first four years.

Question

Quizplus · Accepted Answer

Research and statistics from sources like the Small Business Administration indicate that approximately 50% of new businesses survive past the four-year mark.

Which of the Following Statements Regarding Business Success (Or Failure)