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09/20/2019

Small Business Statistics You Should Know

Half of all small businesses will survive for 5 years.

82% of businesses fail because of cash flow problems.

The biggest challenge for small business is economic uncertainty.

27% of businesses claim they don’t get the business funding they need.

Small business owners require $10,000 in startup capital on average.

Commercial loan brokers can fund 80% of business start-ups already denied at banks.

60% of jobs are created by small businesses.

The most common legal structure for small business is the S-corporation.
Sole proprietors pay the lowest effective tax rate: 15.1%.

42% of startups fail because of a lack of market need.

A 40-year-old is 2.1x as likely to found a successful startup as a 25-year-old.

09/10/2019

Did you Know: Commercial brokers can approve nearly 80% of the loans banks deny?

5 Funding Options for Medical Offices - Credibly 09/10/2019

Five options for medical offices to get funding. It should really be 6. They forgot to add commercial loan brokers.

5 Funding Options for Medical Offices - Credibly Operating a medical office is a noble pursuit and one of critical relevance to a thriving society. People rely on medical offices to facilitate care between patients and doctors, and efficiency and accuracy are imperative when operating a successful medical facility. Given it's such a vital job, you...

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