Perspectives on Small Businesses and Startups

Small businesses are the lifeblood of the American economy. According to Guidant Financial, a consulting and research firm, small businesses account for 46.8 percent of the workforce employed in the private sector. Running a small business comes with numerous challenges, and according to the Small Business Administration (SBA), only 50 percent of all small businesses survive during their first five years, while only a third make it to 10…

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