InvoiceBerry Tips for for Freelancers & Small Businesses Your Small Business Is Likely to Fail & It's Your | Page 3

Introduction Did you know that you have only a 10% chance of succeeding in your business? According to Fortune, 9 out of 10 startups fail. And guess what’s the percentage of small business failure? The U.S. Small Business Administration states that only around 70% of small businesses will be able to survive their first two years, dropping to a 56% chance to be alive in a 5-year perspective.