6 Common Reasons Start-Ups Fail

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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 the six most common reasons startups fail.

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