How Many Businesses Fail Each Year?


Up to one fifth of the 400,000 businesses that start up each year fail within the first 12 months of operation. This gives an approximate figure of 80,000 businesses failing annually. This is according to the Department of Trade and Industry (DTI) revelations during the Startup Awards.
Q&A Related to "How Many Businesses Fail Each Year"
1. Accept that you won't get top dollar for a business gone bust. The best you may be able to expect is a "fire sale" price. Recognize that the market for a struggling business
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