Wednesday, May 28, 2008

Start-up Failure Rates Vary — Choosing the Right Industry Matters


By Scott Shane | Small Business Trends

"In short, the sector of the economy in which you start your business has a huge effect on the odds that your company will still be around several years in the future."

Source: Adapted from Knaup, A. 2005. Survival and longevity in business employment dynamics data. Monthly Labor Review, May: 50-56.

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