Approximately what percentage of new businesses survive their first year?
A) 20%
B) 40%
C) 60%
D) 80%

Name: Approximately what percentage of new businesses survive their first year? A) 20% B) 40% C) 60% D) 80%
Brand: Quizplus
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Question

Quizplus · Accepted Answer

According to the Small Business Administration, around 60% of new businesses survive their first year. This percentage decreases over time, with around 50% of businesses surviving five years or more. Therefore, option C) is the most accurate choice.

Approximately What Percentage of New Businesses Survive Their First Year