Comments on: Startup Failure Rates — The REAL Numbers http://smallbiztrends.com/2008/04/startup-failure-rates.html Exploring the trends driving small business Fri, 10 Feb 2012 00:40:28 +0000 hourly 1 http://wordpress.org/?v= By: Muriel http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1238865 Muriel Wed, 01 Feb 2012 20:15:50 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1238865 Has anyone looked at the (failure/success rate)numbers for the past 5 years? (E.g. # of Small business startups in 2007...how many are still around today?) Has anyone looked at the (failure/success rate)numbers for the past 5 years? (E.g. # of Small business startups in 2007…how many are still around today?)

]]> By: Mark http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1238306 Mark Mon, 30 Jan 2012 03:00:20 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1238306 Thank you all for your insights. These numbers are staggering. I'm doing some research in this area to find out 1-3 factors that lead to such high failure rates. Would anyone like to offer their ideas? Thanks! Thank you all for your insights. These numbers are staggering. I’m doing some research in this area to find out 1-3 factors that lead to such high failure rates.

Would anyone like to offer their ideas?

Thanks!

]]> By: Why Every Arizona Medical Marijuana Dispensary Must Have a Buy Sell Agreement | Arizona Medical Marijuana Law http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1234885 Why Every Arizona Medical Marijuana Dispensary Must Have a Buy Sell Agreement | Arizona Medical Marijuana Law Mon, 16 Jan 2012 15:54:40 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1234885 [...] Why Every Arizona Medical Marijuana Dispensary Must Have a Buy Sell Agreement By On the Net, on January 16th, 2012 My name is Richard Keyt.  I am an Arizona business lawyer who has practiced law in Arizona since 1980 and who has formed thousands of companies.  I have seen far too many situations where owners of a company suffered dearly because they failed to adopt a Buy Sell Agreement.  When people join together (other than a husband and wife) to go into business they do not realize that business divorces are more common than husband and wife divorces (50%+).  A U.S. Bureau of Labor Statistics study found that 66% of new businesses did not last four years.  A special tabulation by the Bureau of the Census produced for the Office of Advocacy of the U.S. Small Business Administration found that 71% of start up businesses failed within ten years. [...] [...] Why Every Arizona Medical Marijuana Dispensary Must Have a Buy Sell Agreement By On the Net, on January 16th, 2012 My name is Richard Keyt.  I am an Arizona business lawyer who has practiced law in Arizona since 1980 and who has formed thousands of companies.  I have seen far too many situations where owners of a company suffered dearly because they failed to adopt a Buy Sell Agreement.  When people join together (other than a husband and wife) to go into business they do not realize that business divorces are more common than husband and wife divorces (50%+).  A U.S. Bureau of Labor Statistics study found that 66% of new businesses did not last four years.  A special tabulation by the Bureau of the Census produced for the Office of Advocacy of the U.S. Small Business Administration found that 71% of start up businesses failed within ten years. [...]

]]> By: Mike Shreeve http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1169204 Mike Shreeve Wed, 21 Dec 2011 06:05:41 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1169204 I wonder about the phrase I hear associated a lot with those stats. "Out of business". This summer I had a good run at a start-up, we were doing really well but then one of the partners had get out, so we restructured the company into a sole proprietorship. On paper our business didn't last 3 months, yet I still offer the same services to the same clients 6 months later (knocking on wood though). Very interesting data that you presented. I will certainly be digging this in hopes that it gets out into the interwebs! thanks, Mike I wonder about the phrase I hear associated a lot with those stats. “Out of business”. This summer I had a good run at a start-up, we were doing really well but then one of the partners had get out, so we restructured the company into a sole proprietorship. On paper our business didn’t last 3 months, yet I still offer the same services to the same clients 6 months later (knocking on wood though). Very interesting data that you presented. I will certainly be digging this in hopes that it gets out into the interwebs!
thanks,

Mike

]]> By: IABC Morning Managers Meeting « Newman Partnership's Blog http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1142165 IABC Morning Managers Meeting « Newman Partnership's Blog Mon, 21 Nov 2011 01:02:36 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1142165 [...] or completely change after the founding partners retire or quit.   A statistic states that almost “90% (of businesses) are out of business at the end of five years.”  While this statistic applies to all business in general, it isn’t hard to imagine this [...] [...] or completely change after the founding partners retire or quit.   A statistic states that almost “90% (of businesses) are out of business at the end of five years.”  While this statistic applies to all business in general, it isn’t hard to imagine this [...]

]]> By: The Easiest Way To Become A Successful Entrepreneur — Unhinged & Unwound http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1129996 The Easiest Way To Become A Successful Entrepreneur — Unhinged & Unwound Sun, 30 Oct 2011 11:21:20 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1129996 [...] by the 5th year (The Seven Pitfalls of Business Failure And How to Avoid Them). In a post on Startup Failure Rates, Scott Shane, presents data that shows only 29% of new businesses survive the first 10 years. Yet [...] [...] by the 5th year (The Seven Pitfalls of Business Failure And How to Avoid Them). In a post on Startup Failure Rates, Scott Shane, presents data that shows only 29% of new businesses survive the first 10 years. Yet [...]

]]> By: Life as a London Tech Startup: on the Hunt for Brilliant Brains | TechMeetups http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1129976 Life as a London Tech Startup: on the Hunt for Brilliant Brains | TechMeetups Sun, 30 Oct 2011 10:19:13 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1129976 [...] ‘investment hubs’ is the fact that startup failure rates are, and always have been, extremely high. And although it’s really common sense, what the recent ‘sexing up’ of [...] [...] ‘investment hubs’ is the fact that startup failure rates are, and always have been, extremely high. And although it’s really common sense, what the recent ‘sexing up’ of [...]

]]> By: Deaf Village http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1129312 Deaf Village Sat, 29 Oct 2011 12:24:54 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1129312 [...] 50 percent of new businesses go out of business within 5 years in a good economy. The reason for failure is many.  It’s even harder for deaf and hard [...] [...] 50 percent of new businesses go out of business within 5 years in a good economy. The reason for failure is many.  It’s even harder for deaf and hard [...]

]]> By: JokesforFish.com » Is there such a thing as too much education? http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1127330 JokesforFish.com » Is there such a thing as too much education? Tue, 25 Oct 2011 12:11:50 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1127330 [...] what about all those entrepreneurs who fail? Granted, I don’t have numbers, but there’s at least one study that suggests that the success rate is about 1/3. Imagine if one out of every three Americans [...] [...] what about all those entrepreneurs who fail? Granted, I don’t have numbers, but there’s at least one study that suggests that the success rate is about 1/3. Imagine if one out of every three Americans [...]

]]> By: The $10K Degree – Learn at the Mall of Education « Barry Dahl dot com http://smallbiztrends.com/2008/04/startup-failure-rates.html#comment-1119052 The $10K Degree – Learn at the Mall of Education « Barry Dahl dot com Mon, 10 Oct 2011 14:34:52 +0000 http://www.smallbiztrends.com/2008/04/startup-failure-rates.html/#comment-1119052 [...] colleges and universities know the first thing about running their own business. No surprise that 50% of all small businesses fail within the first 4 years. We can change that. (BTW, I’m talking about modern entrepreneurship practices, not the [...] [...] colleges and universities know the first thing about running their own business. No surprise that 50% of all small businesses fail within the first 4 years. We can change that. (BTW, I’m talking about modern entrepreneurship practices, not the [...]

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