Business Survival in the U.S.

If you ever thought about starting your own business, it is helpful to know how long the average business in the U.S survives. About 800,000 new business get starting in the U.S. each year and the survival rate of these are due to many factors. It could be industry, market conditions or location. The most interesting part of this is that only 20% of businesses make it past the 20 year mark. This goes to show just how hard it is to keep up as markets grow and the technology changes. Starting a business can lead to amazing rewards for people but as is everything comes with stress and risk.