Our Terms of Use and Privacy Policy have changed. We think you'll like them better this way.

Top 5 reasons most businesses fail

  • Broadcast in Business
The Zurriane Show

The Zurriane Show


Follow This Show

If you liked this show, you should follow The Zurriane Show.

Top 5 reasons most businesses fail

We all have been told some rules. Businesses fail 70% of the time in the first two years, and 80% will not make it to five years, but what they hide is that statistic is the same for 5-10 years as well. This can mean that there is a chance only 4 -16 businesses will get to the ten year mark per 100 starting. Perhaps these are wives tales or urban legends but if they are not, why would it happen?  Let's isolate 5 reasons how NOT to go out of business by looking at how people do.

Most say that 90% will fail or be out of business in that 5 years on average.