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The Fact Is – Most Businesses Fail

Knowledge of pricing and how the money really works in business were the key themes in the specifics of the 46% of failures for “Incompetence”.
Expanding too rapidly, and the mishandling of credit and borrowing were the main issues in the 30% of failures due to “unbalanced or lack of experience”.
Knowledge of suppliers, inventory, and wasted advertising dollars were the causes of the 11% of failures due to “lack of experience in the line of goods or services”.
  • 70% of Businesses Fail 70%
  • 46% Due to Planning, Pricing & Finance 46%
  • 30% Due to Management of Credit & Expansion 30%
  • 11% Due to Inventory, Advertising, & Supplier Issues 11%

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What every startup and mid-size company needs to succeed.

Gary Ricci

Serial Entrepreneur, Angel Investor

Highly recommend Your Biz Pro to any business that needs to get their product, marketing and distribution strategy right the first time.!

Rudy Vidal

Vidal Consulting Group

Your Biz Pro helped me with everything from writing the content for my website, to setting up a CRM (Client Relationship Management) tool, to helping focus our SEO objectives.

Mark McLafferty, MBA, CFBS, AEP, ChFC

Absolute Conclusions