Question
Does the new business failure rate differ by industry?
Answer
Yes, and the spread is wide. Capital intensity drives much of the difference.
| Industry | Failure pattern |
|---|---|
| Restaurants | about 60% close within three years |
| Professional services | much lower, they need less startup capital |
| Healthcare | among the lowest, thanks to steady demand |
Choose a format that fits your industry's margins and pace.
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