There are a lot of statistics that show low success rates for small businesses. Many of these statistics are twisted to create fear and drive people into services that they don’t need. For example, it’s well known that only half of small businesses survive past year five and only one in three survives past year ten. That’s daunting and certainly makes you think twice about starting your own business.
However, there are a lot more positive statistics that you don’t hear very often. For example, over 80% of businesses survive their first year and the likelihood of survivorship INCREASES each year you are in business. But do you want your small business to just survive or do you want it to thrive?
Survive: continue to live or exist, especially in spite of danger or hardship
Thrive: grow or develop well or vigorously; prosper; flourish
Why set the bar as low as “survive” when it comes to your small business?
In a recent survey, 88% of small businesses that had a trusted advisor described him/her as “invaluable”. Advisors, like TC2 Solutions, can provide a full review of your business model and can help optimize your business so that your business is thriving, not simply surviving.
Use the contact information at the top of the page to set up a consultation and see how TC2 can help your small business thrive, not just survive.
,  US. Bureau of Labor Statistics