According to Fundera, businesses in the health care and social assistance industries have the highest success rates, with 85% of small businesses in these industries surviving their first year, and 60% through their fifth year. In contrast, those in construction, transportation, and warehousing have the worst survival rates. Only about 75% make it through their first year, and only 35% through their fifth year.
Barbara Weltman
Big Ideas for Small Business, Inc.
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