According to the latest data gathered by the SBA, about 66% of small businesses will survive during
the first two years of operation. Despite the fact that this is more promising than the 80% failure rate
claimed by other sources, the figures are still high enough to cause
apprehension. Here, we explore why so many small businesses fail during the first few years.
On Tuesday morning, the latest National Federation of Independent Business’s Small Business Optimism survey was released, showing that small businesses are feeling sunnier than at any time since the financial crisis.
Business woman Roni DeLuz was ill for many years. Eventually, she turned to a holistic approach and detoxification, among other natural approaches. This move not only healed her, but changed her lifestyle and prompted a new business venture. In 1999, she opened the Martha’s Vineyard Holistic Retreat located in Vineyard Haven.
A setback is a set up for a comeback. For entrepreneur Leroy Brown,
the catchphrase has become a mantra of sorts by which to live and start a
business. LCB Trucking—a dump truck and debris hauling company based
in Franklin Park, New Jersey, was launched in 2002 after Brown suffered a