Small business owners are inherently the underdogs in every industry as they are consistently against larger corporations for a share of the pie. That is why one-fifth of small businesses fail and fold in their year. And is raised 50% by the fifth year and up to 80% after a decade, according to the U.S. Bureau of Labor Statistics. Understanding the factors that burden these entrepreneurs will help you see why the statistics are grim for those who take the risk. Here are some of the issues that are staring at small businesses owners:
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