Based on industry averages, it is typically estimated that about 50% of small businesses survive for five years. Therefore, the best choice from the options given would be:
50 percent
Maurice opened a successful flower shop last year, and now he employs seven full-time workers. Although he is off to a great start, based on industry averages, what are his chances of still being in business five years from now?
(1 point)
Responses
20 percent
20 percent
50 percent
50 percent
60 percent
60 percent
75 percent
75 percent
1 answer
1 answer