Success and failure rate of small businesses in US
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Please provide an answer for the following problem with at least 100 words. Include references in the answer.
Discuss the current small business start up success and failure rate in the U.S. market.
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Solution Summary
The following solution discusses the success and failure rate of small business in United States markets and includes one reference in APA format. Here is a small solution of what you will see: According to the Small Business Administration, a large percentage of jobs are created by small companies, and according to the Bureau of Labor Statistics' (BLS) job-growth projections for small businesses in the next ten years. Concepts discussed include successful starts ups, business closures and bankruptcies. The explanation is given in 154 words.
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Question: Discuss the current small business start up success and failure rate in the United States market.
Response:
As of 2009, according to the U.S. Small Business Administration Office of Advocacy there were 627,200 in successful start-ups, 595,600 in business ...
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