The easiest businesses to start also have the least growth potential and the greatest failure rates.

Question

Quizplus · Accepted Answer

This is because easy-to-start businesses are often very competitive and have low barriers to entry, which means that there are many other businesses offering similar products or services. Additionally, these businesses may rely heavily on the skills and knowledge of the owner and may not have the ability to scale up or expand. As a result, they may struggle to generate significant profits or attract investors, which increases the risk of failure.

The Easiest Businesses to Start Also Have the Least Growth