The Real Reason Small Businesses Fail and Succeed – Part 1

January 19, 2014 by OSYB Staff

Launching a small business is risky and chances at it being built successful is very low. The Small Business Administration says over 50% of small businesses fail in the first year, and 95% close within five years. Most articles tell you these stats but they do not explain why they fail. Read here for the top 25 reasons why.