Category: Community

SMALL BUSINESS FACTS WHY DO BUSINESSES CLOSE? May 2018. By Brian Headd, Economist About 1 in 12 businesses closes every year. Over the last 25 years, about 7–9 percent of employer firms close every year and a slightly higher share open. These figures have been trending down, illustrating a decline in business turnover (Chart 1). […]

There are certain topics that even some of the smartest people I talk with who aren’t startup oriented can’t fully grok. One of them is whether profitability matters. It’s common cocktail party chatter to hear people confidently pronounce that some well known startup is sure to blow up. Or you know the other one — the one […]