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, roughly 50% have faltered. After 10 years, only around a third of businesses have survived. This failure rate remains consistent despite environmental or political factors. Here are …
Through the Community Navigator Pilot Program, SBA is engaging with states, local governments, SBA resource partners, and other organizations in targeted outreach for small businesses in underserved communities. The program offers funding to nonprofits, state and local governments, universities, and tribal entities to partner with SBA at the center of a hub and spoke network. These hubs then support spoke organizations – trusted, culturally knowledgeable local groups and individuals – who will …
Meme’s, those pithy sayings and quotes designed to inspire and sometimes make us laugh. My news feed is filled with them. But sometimes, I like to look back to learn how the people who came before us communicated the universal truths that affect all of humanity. Success is one of those truths. Here’s an example …
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