Money Mag findings

[tiedeman]

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

[Steve]

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.