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Pulling The Plug On A Startup: How To Decide

Published October 14, 2021

When should an entrepreneur cut their losses and walk away?

Opening a business is a risky venture. Entrepreneurs with brilliant ideas or large coffers of startup funding can still fail.

Just look at the numbers: According to the Small Business Administration’s Office of Advocacy, at least a third of new businesses shut down after two years. Half close up within five years. Two-thirds never reach the 10-year mark.

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