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STARTUP STATISTICS – The Numbers You Need to Know

STARTUP STATISTICS - The Numbers You Need to Know

Each year, thousands of ambitious entrepreneurs start new businesses. These entrepreneurs feel bright and full of hope. And plenty of small business statistics show that by the end of four years more than half of them will be gone.

Small business failure rate aside, many small businesses make it past that critical period and thrive. How many make it and what industries fare best? We’ve collected these startup statistics for small businesses from a variety of sources to answer those questions.

GENERAL STARTUP STATISTICS

SMALL BUSINESS OWNER STATISTICS

Who’s starting small businesses today? Here’s a look at small business owners:

STARTUP FAILURE RATE STATISTICS

STARTUP FINANCE STATISTICS

Money is a key ingredient to the small business success rate. Here’s a financial snapshot of small business startups:

FASTEST GROWING SMALL BUSINESS INDUSTRIES

The industries with the top number [4] of small business startups in 2018 were:

INDUSTRIES WITH THE BEST STARTUP STATISTICS

The 10 most profitable small business industries by net profit margin (NPM) are:



INDUSTRIES WITH THE WORST STARTUP STATISTICS

The 10 least profitable industries in the US by net profit margin (NPM) are [13]:

Bottom Line

So, if you want to start your own business [14], don’t let the startup statistics above put you off. After all, you’re more likely to succeed if you’ve failed than if you’ve never tried:

Startup [15] Photo via Shutterstock