This infographic will take you through businesses that have the highest survival rate. The highest survival rate is in the south west where 44% of all businesses make it to their fifth year, where London have the lowest survival rate with only 39% make it to their fifth year. Now on to each individual type of company’s survival rate. The lowest survival rate is actually in business support, where only 31% make it to their fifth year.
Finally, the highest survival rate, this is in healthcare where a massive 48% make it to their fifth year. A very interesting stat for small business’s is that half of all stat up’s fail within the first five years. Circle Research have created this wonderful infographic to educate us on just how hard it is to start a new business and what are the chances of your business failing.
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