According to recent statistics, four out of five businesses go out of business with unpaid bills within five years, that is an 80% failure rate.

Question

Quizplus · Accepted Answer

The statement is not entirely accurate. While it is true that many businesses fail within the first five years, the specific statistic of 80% going out of business with unpaid bills is not supported by any credible sources.

According to Recent Statistics, Four Out of Five Businesses Go