29
Dec

Developing a Small Business Model that is Poised for Success

Written by Best Financial Magzine. Posted in Business appraisal, Business appraisal services, Business comps

Business appraisal valuation

The digital age has brought with it a plethora of opportunities for inventors, innovators, and designers to create a business of their own. The United States now has an estimated 29 million small businesses with an estimated 627,000 new small businesses opening up every year. While it has become easier than ever to start your own business, a surprising number of small businesses fail every year due to minor mistakes, poor investments, or simple lack of interest from consumers — statistics estimate that over half of all small businesses will fail to survive for over five years due to the fierce competition posed by online spending. Here are some ways that small businesses are thriving in an increasingly hostile business market.

Expanding Your Reach

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