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Increased Probability of Success

Entrepreneurs comparing new independent ventures or acquiring franchises should reflect on the government’s sobering statistics regarding the two business models.  Agencies like the Small Business Administration and the U.S. Department of Commerce usually agree that only about one out of five independent startup businesses are still operating after ten years.  That means roughly 80% of new startup ventures do not celebrate their tenth anniversaries.

The figures for franchising are equally noteworthy—although in a positive vein.  Industry experts estimate that 90% of franchise outlets still are in business after ten years of operations. 

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