which of the following is not a reason stated for small business failure? course hero

How many small businesses fail in the first 5 years?

According to the Small Business Administration (SBA), half of the new businesses started in the U.S. fail in the first five years. All of the following are potential reasons for small business failure EXCEPT

What is the critical factor in achieving small business success?

A. an affinity for taking large amounts of risk is the critical factor in achieving small business success. B. doing things differently from previous entrepreneurs is the real key to success. C. learning from others and gaining relevant business experience improves the odds for success.

What do entrepreneurs learn from their counterparts in big business?

D. often find more job satisfaction than their counterparts in big business. D. often find more job satisfaction than their counterparts in big business. (p. 167-168) Entrepreneurs learn that there are many legal and financial issues involved in starting their business.

What do entrepreneurs learn about legal and financial issues?

(p. 167-168) Entrepreneurs learn that there are many legal and financial issues involved in starting their business. The best way for the small business owner to resolve these issues and protect the firm's resources is:

Why did Demitri prepare a business plan?

In order to improve his chances of small business success, Demitri prepared a business plan. Most often, a positive outcome of this exercise is:

Is management the same at large and small firms?

the principles of management are much the same at large and small firms.