FAILURE RATE

STARTING AND RUNNING YOUR OWN BUSINESS
IS AS EASY AS….
Well, it’s not that EASY.

According to data from the U.S. Bureau of Labor Statistics, about 20% of U.S. small businesses fail within the first year.  By the end of their fifth year, 50% have faltered.  After 10 years, only around a third of businesses have survived.

Why the failure rate is high.

  • Lack of startup capital.
  • Poor business model.
  • Trivial research of product or service.
  • Insignificant competitor analysis.
  • Inept management.
  • Poorly prepared Business Plan.
  • Proforma lacks proof.
  • Incorrect corporate structure for businesses and investors.
  • Offering documents inadequate.
  • Wrong offering type of investors.
  • Inadequate long-term working capital.
  • Poor branding.
  • Ineffective marketing.
  • Poor location.
  • Website Defective.

WHAT IS YOUR EXCUSE?

Contact ME, IT’S FREE AND COSTS you nothing.

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Rudy@FDFinancial.com

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