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Unformatted text preview: Small Business Failure o 1 in 3 businesses closes permanently within two years o 50% of businesses fail after four years o More than 60% of business fail within six years o BY the 10-year mark, 82% of all small businesses have closed permanently Creating a Business Plan o Written documentation that provides orderly statement of goals, methods, and purpose Small Business Administration o Government agency concerned with helping small business firms Set-aside Programs o Government Contracts 5%for women and minorities o Assistance in Financing Government Procurement Business Incubators o Local community initiatives to share resources for small start-ups The University of Tennessee 30/09/2010 19:42:00 30/09/2010 19:42:00...
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This note was uploaded on 01/31/2012 for the course EXPOSITORY 101 taught by Professor Mr during the Spring '06 term at Rutgers.
- Spring '06