Tuesday, July 7, 2009

What Happens if You Fail?

by Rob Speigel

The battle cry of many an entrepreneur is 'failure is not an option!' But what happens if you do fail? The Small Business Administration (SBA) keeps the stats on business failures and claims that more than half of new businesses will disappear in the first five years. I believe that’s a conservative estimate, since there are surely countless numbers of small companies started in spare bedrooms that launch and fail without ever reaching the radar of the SBA...

Read article here
http://www.businessknowhow.com/startup/failure.htm