Small Business Labs
APRIL 7, 2020
Based on an industry by industry analysis (1), our base case estimate is 21% of U.S. Notes: (1) Our analysis looked at industry level historical closure rates (see the U.S. 3) Closures include any reason a small business ceases to exist (financial failure, business is sold, owner retires and closes the business, etc.),
BMT Office Administration
JUNE 26, 2023
Businesses have to incur lots of expenditures just to operate, including payroll , acquiring assets like vehicles & real estate, and day-to-day expenses (like a restaurant maintaining their inventory of condiments, food ingredients, and beverages). Primarily, if your business venture fails, you’ll lose your entire retirement fund/401k.
Small Business Labs
OCTOBER 5, 2010
While the PWC analysis focuses on 5 big industries, clusters can be large or small. Lafayette, CA, a small San Francisco suburb has created a restaurant cluster called Restaurant Row. . Clusters are important because they create jobs and economic growth.
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