How Small Businesses Survive


How to Start a Business in the US

An estimated 70% of new small businesses only survive less than 3 years. Of those that move forward have a quarter of a chance making it to 15 years. How can you ensure that your business will become successful? First off, you have to look at the best place to start your new business. Washington State is known as being the best location for new businesses. This is followed by Nevada, Utah, Colorado, and Texas. Secondly, you can increase your chance of success by having enough capital and planning carefully. More than 75% of businesses are funding by outside sources allowing the right financial backing to offer the most opportunity to entrepreneurs.