Statistically,one can expect about 50 percent of new businesses to fail within five years of their founding.

Name: Statistically,one can expect about 50 percent of new businesses to fail within five years of their founding.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

This is a widely recognized statistic supported by various studies and research. While there may be some variation in failure rates depending on industry and other factors, the 50 percent figure is generally considered a realistic expectation for new businesses.

Statistically,one Can Expect About 50 Percent of New Businesses to Fail