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Money Mag findings

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  • Money Mag findings

    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

  • #2
    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.
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