What does a look at survival rates for small businesses over their first 10 years show?
A) The majority of small businesses fail before they have been in business for three years.
B) They fall at a slow but steady rate over the first five years, but failures occur more frequently after year five.
C) They tend to drop more rapidly during the first five years, but then they fall more slowly.
D) Over 72% of all small firms remain in business for at least seven years, and almost 65% are still in business after 10 years, suggesting that small businesses aren't as risky as most people think.
Correct Answer:
Verified
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