Why so many small businesses close early
Decades of government data show how many new businesses don't last. Knowing your numbers helps.
A pattern that holds year after year
Federal data tracking new U.S. businesses since the 1990s shows the same pattern across decades.
About 1 in 5new businesses close within the first year
About halfare gone by year five
Cash you can't see is cash you can't manage
You can't fix what you can't see. Up-to-date books show who owes you, what's coming in, and where money is going.
Small habits, big difference
Invoice promptly, review your numbers every month, and act early when something looks off. These habits don't guarantee success, but they give you a clearer view and more time to respond.