Post job

This question is about small business statistics.

What is the success rate of small businesses?

By Zippia Team - Feb. 14, 2022

The success rate of small businesses is 80% in the first year, down to 25% by year 15.

Success rates for small businesses vary based on the number of years a business has been in operation. On average, small businesses have a 55% success rate during their first five years of operation. Success rates, however, tend to drop as a small business ages. It's estimated that 25% of small businesses survive past their 15th year.

Although success rates for small businesses aren't as promising as those for larger businesses, small businesses continue to employ 46.8% of the U.S. labor force, generating 45% of the nation's economic activity.

What is the success rate of small businesses?

Choose from 10+ customizable resume templates

Zippia allows you to choose from different easy-to-use templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume
undefined Resume

Search for jobs

Jobs near you

Related questions For small business statistics