Want to Start a Business?

Before embarking on a new enterprise, be sure to do your research.

 

Start-Up Businesses

Eighty percent of new businesses will fail or cease to exist beyond five to seven years.


-- U.S. Small Business Administration


Reasons why businesses fail


The number one reason small businesses fail is because the business owner didn’t take time to conduct a feasibility analysis, market and business plan.


-- U.S. Small Business Administration

 

The top 10 reasons why small businesses fail are:

-- Counselors to America’s Small Business

 

 

Mary and Heather, co-authors of MomsTown: The Guide to Getting it All describe the biggest mistakes they see moms making when starting their own business: 

Women Entrepreneurs

 

Women start businesses at two times the rate of men, but find it harder at the outset to grow their businesses and access venture capital.

 

-- Women’s Financial Network

 

9.1 million women own businesses in the U.S.

 

-- ABC News, Mellody Hobson, personal finance expert, 2005

-- Counselors to America’s Small Businesses