BizSugar.com › Startups › 8 Reasons Why Small Businesses Fail

Why do small businesses fail? According to a statistics taken from the Small Business Administration, 70 percent of small businesses make it to their third year, and 51 percent see their sixth. This throws the old notion of most businesses failing within their first year right out of the window, but it does still mean that in five years, many businesses will meet their end.