Quote:
Originally Posted by Boreas
Too many for me to fact check but, given the vested interests of the Heritage Foundation, its founders and backers, I think it's best to view this information with a huge degree of skepticism.
John
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Boreas
After some googleing, I found that at least 50% of small business fail in the first year and 95% in the first five years. Businesses with less than 20 employees have a 37% chance of surviving four years.
I'm guessing the failure rate for publicly funded businesses is not so different than the failure rate for privately funded businesses.