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Why Do Businesses Fail?

Starting your own business can be rewarding, but there are a lot of challenges. Why Do Businesses Fail? infographic from Insurance Quotes and NowSourcing outlines some of the biggest problems, paired with solutions. Small businesses often have a hard time making it work. Just how hard of a time may surprise you. Did you know that 20 percent of businesses fail in the first year, while 70 percent fail by year 10? The biggest contributing factor may seem obvious — cash flow problems.
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