Frazier Schultz
01/06/2024 · Primary School

What percentage of businesses generally survive to the five- or ten-year mark? \( 20-30 \) perchint \( 40-50 \) percent \( 10-15 \) percent \( 8-12 \) percent

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The survival rates of businesses at the five- or ten-year mark can vary widely depending on the industry, region, and other factors. However, the most commonly cited statistics are as follows: - **Five-year survival rate**: Around \( 50-70 \) percent of small businesses survive the first five years. - **Ten-year survival rate**: Approximately \( 30-50 \) percent of small businesses survive to the ten-year mark. Given the options provided: - \( 20-30 \) percent - \( 40-50 \) percent - \( 10-15 \) percent - \( 8-12 \) percent The closest range to the typical five-year survival rate is \( 40-50 \) percent. Therefore, the answer that best fits the general survival rate of businesses to the five-year mark is: \( 40-50 \) percent

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\( 40-50 \) percent
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