Which percentage of small businesses are actually forced out of business with financial loss to creditors?
A) 10 percent
B) 20 percent
C) 50 percent
D) 75 percent

Question

Quizplus · Accepted Answer

Approximately 20 percent of small businesses are forced out of business with financial loss to creditors. This statistic highlights the challenges small businesses face in maintaining financial stability.

Which Percentage of Small Businesses Are Actually Forced Out of Business