View Full Version : Money Mag findings

12-21-2006, 07:36 PM
Here are some interested findings from Money Magazine in regards to starting up your own business

The average time it takes a business for profitability is 3 YEARS

Only 47% of businesses make a profit in their 1st YEAR

66% of companies are still in business after two years, BUT.....
Only 44% of companies make it after four years

12-22-2006, 02:17 PM
Some good statistics to show how tough it is to get a business off the ground.

When you sit there and think about how few businessess actually make it, it's kind of overwhelming especially if you are just starting out.