1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
dsp73
3 years ago
6

What percentage of new businesses fail in the first year?

Business
2 answers:
Y_Kistochka [10]3 years ago
3 0
60 percent, around 95 percent of businesses fail within the first five years of trading
IRINA_888 [86]3 years ago
3 0

The percentage of new business fail in the first year is around 25%. The number could be less or more.

Explanation:

Small Business Association (SBA) stated that 30% new business fails during the two years since the first operation, 50% fails during its five years after its operation, and 66% during the first ten years. SBA also states that only 25% of new business survives until 15 years or more. Some reasons contribute to business failure:  

· Leadership failure

· Lack of planning

· Ignoring customer needs

· Poor management  

· Premature scaling

· Inability to learn from failure

· Poor location

· Poor financial management  

· Lack of focus

· Not investigating the market

However, not all new business fail in their first years. With the funding, right planning, and flexibility, a new small business could survive until years. It just how small news business maintain their operation so that they can survive.  

Learn more:

If you want to know more about this subject, we recommend you to click these links below:

1. Small business’ effect on U.S. economy: brainly.com/question/3423312

Keywords: new business fail, business failure  

Subject: Business

Class: 10-12

Subchapter: Small business fail

You might be interested in
Sheila is on a temporary layoff from her automobile factory job but has not looked for work in the last four weeks. The Bureau o
fiasKO [112]

Answer:

c

Explanation:

The labour comprises of those who are able to work. it includes those who are employed and those who are not employed

An individual is considered unemployed if she is without a job and has been searching for a job in the last 4 weeks. Sheila is not in this category and thus she is not considered unemployed.

types of unemployment

1. structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

The geologist lost his hob permanently due to increase in wages (polices)

2. Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

3. Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

4. Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

6 0
3 years ago
What 3 sources that offer specialized information on records management
Arada [10]

The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

The three sources that offer specialized information on records management are accounting records, legal records, and personal records.

Keeping records in management is a very important activity that can prevent many hardships and sufferings.

When a manager keeps records correctly, it knows what to look for, where, why, and as soon as possible. Information is a key resource in companies, so knowing where to find it is of the utmost importance.

Legal records and accounting records are the foundation of corporations. Personal records help us to better control our personal information when needed or helps the Human Resources department to properly manage our information as employees.

4 0
3 years ago
1. What arguments do Feingold and Heuvel offer in defense of Roosevelt?
DiKsa [7]

1. The arguments that these people put forward was to exonerate the president by saying the situation was beyond his control.

<h3>The argument that Feingold put forward</h3>

He argued that there were many situations that occurred that were beyond the capacity of Roosevelt's administration. These were

  • The determination to liquidate Jews by Berlin.
  • The decision to rescue a minority in a foreign land that the US did not owe any responsibility.

<h3>The argument that Heuvel put forward</h3>

Heuvel sternly said that it was ironic to put any blames on Roosevelt because he was not the one that caused the holocaust.

According to him, no one had any backgrounds to fault him for what was being done by Hitler because he was not the cause.

2. What Michael meant was that it was not a common occurrence for the president to be silent on issues that are as pressing as this.

According to him, the president was a person that would speak up fast on serious world issues. He meant it was not in the character of the president to be late in issues of this sort.

3. Wyman called it the worst failure of his presidency because he refused to act for a long time during the extermination.

From what he said, the president only stepped in to save the Jews out of pressure.

Read more on  the holocaust here:

brainly.com/question/12962

5 0
2 years ago
. Bill owns "Bill's Home of Blues" a store that specializes in selling CDs and DVDs of blues musicians of the 1960s and 1970s. B
Maurinko [17]

Answer:

B) is a fixed cost

Explanation:

According to my research on the process of loan repayments we can say that the $900 weekly payment is a fixed cost. This is because the $900 payment is the same amount every week and does not change until the initial loan plus the interest is payed in full. This would not be the case if the payment amount is different every week.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
A company had a beginning balance in retained earnings of $400,000. It had net income of $50,000 and declared and paid cash divi
Greeley [361]

Answer:

$395,000

Explanation:

A company has a beginning balance of $400,000

The company has a net income of $50,000

The company also declared and paid a cash dividend of $55,000

Therefore, the ending balance in the retained earnings can be calculated as follows

Beginning balance+ net income -Dividend paid

= $400,000+$50,000-$55,000

= $395,000

Hence the ending balance in the retained earnings is $395,000

4 0
3 years ago
Other questions:
  • Developing and applying sound life skills helps build a foundation for a successful carcer in salons and spas
    14·1 answer
  • Clark corporation has an average collection period of 7​ days, an inventory conversion period of 30​ days, and a payables deferr
    14·1 answer
  • What is Brainly for?
    14·2 answers
  • Ennis, Inc. has 35,000 common shares issued at a $2.25 par value of which 22,000 are outstanding. If Ennis has no other outstand
    10·1 answer
  • Locate and correct the circular reference for the balance in cell i5. the balance should be calculated as the difference between
    11·1 answer
  • Felix, a single taxpayer, claimed $180 of state tax as an itemized deduction on his 2018 tax return. The total itemized deductio
    9·1 answer
  • The we love books publishing company is this a publishing company, if so then how do I get to there web site
    7·1 answer
  • An agent made written disclosure to his employing broker-dealer that he intends to execute a series of private securities transa
    5·1 answer
  • How does the global economy affect the job market in the U.S.?
    11·1 answer
  • If the price charged for a candy bar is p cents, then x thousand candy bars will be sold in a certain city, where p = 8 - . how
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!