Starting and running a business needs a lot of hard work, grit, and belief. Still, a lot of companies shut down within a few years. The main reason is that one or very few people working on all the tasks. 20% of small businesses fail in their first year, 30% in their second year, 50% after five years and 70% in their 10th year.
Read MoreSmall is the new large. In today's modern business world, no business should be underestimated.
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