Time to get established?

Help Support Steer Planet:

How long did it take you to get your business on its feet and well established, and financially comf

  • Still trying

    Votes: 7 28.0%
  • 1 year

    Votes: 0 0.0%
  • 2-3 years

    Votes: 1 4.0%
  • 4-5 years

    Votes: 3 12.0%
  • 5+ years

    Votes: 14 56.0%

  • Total voters
    25

RochholzFarms

Well-known member
Joined
Jun 21, 2011
Messages
74
Location
casey-iowa
i vote 5 yers or more but all depends on wat kinda bussness u r going into and the supply and demand of ur commpany
 

AAOK

Well-known member
Joined
Jan 30, 2007
Messages
5,264
Location
Rogers, Ar
As you can see in the graph, about 55% of all new businesses fail within four years.  Most successful businesses last for about four decades, and fail with the 3rd generation owners.  The first generation owners (the entreprenuer) are the most profitable. So, if you survive, you will be most profitable from year 6 to 16.


businesssurvivalsmall.gif
 

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