Learn why the franchise industry is one of the most exciting industries to be a part of today, and how you can seize the opportunities and build your own path. Having been in the franchise industry for over 35 years, I have seen and been a part of some amazing success stories of both franchisors […]
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Investopedia reports that “data from the Bureau of Labor Statistics shows that approximately 20% of new businesses fail within their first two years, 45% within their first five years, and 65% within their first ten years. Approximately 25% of new businesses survive for 15 years or more. These statistics have been fairly consistent since the […]
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by Janet Attard March 11, 2021 What are the average annual sales of small businesses? What percentage of businesses bring in more than $1 million in sales? How many make less than $50,000 a year? Here’s what Business Know-How small business surveys and data from the Census Bureau and SBA Office of Advocacy show. How […]