Entrepreneurs, investors and accountants all love to see updated income
forecasts. While their projections
are usually rosy, more than half of these businesses will fail within the first four
years of operation, according to a 2012 University of Tennessee study. Of those
failed businesses, 72 percent say they went out of business because they ran out
of cash, and 77 percent were started with the owner's
money.
Read more: http://www.entrepreneur.com/article/227232#ixzz2YUjOtJ4N
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