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Small Business Facts

Small Business FactsAdvocacy: the voice of Small Business in dvocacyOffice of AdvocacyDo economic or industry factors affect Business survival? Survival rates improve for a given Business as it ages. About two-thirds of businesses with employees survive at least 2 years and about half survive at least 5 years. As one would expect, after the first few relatively volatile years, survival rates flatten out. (Source: Bureau of Labor Statistics, Business Employment Dynamics.)Survival paths have not changed much over the years. A negative economy has little effect on a given Business s survival.

Small Business Facts Author: U.S. Small Business Administration Office of Advocacy Subject: Do economic or industry factors affect business survival? Keywords: small business survival rates, small business life spans, Bureau of Labor Statistics, Business Employment Dynamics, small firm survival rates Created Date: 6/28/2012 9:53:10 AM

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