What are the chances of success for your startup business? Did you know that in 2005 just 47% of startups were still in business after five years? Did you know the startup businesses that are more likely to fail are independent restaurants, retail stores, direct sales businesses, and consulting a business services companies?
The news isn’t all bad for startups though. When looking at projected revenue growth between 2012 and 2017, a few startup industries are expected to thrive. The top two are mobile game startups with a 173% projected revenue growth and internet publishing with a 110% projected revenue growth. Other startups that are expected to see revenue growth of over 50% through 2017 include residential construction (63%), transport and logistics (54%), and ecommerce (52%).
You can see all of these statistics and more in the “What’s the Chance a Startup Business Will Fail?” infographic from Staff.com below.
Staff.com – Connecting Great Companies with Global Talent
Susan Gunelius
Susan Gunelius is the Founder and Editor-in-Chief of Women on Business. She is a 30-year veteran of the marketing field and has authored a dozen books about marketing, branding, and social media, including the highly popular Ultimate Guide to Email Marketing, 30-Minute Social Media Marketing, Content Marketing for Dummies, Blogging All-in-One for Dummies and Kick-ass Copywriting in 10 Easy Steps. Susan’s marketing-related content can be found on Entrepreneur.com, Forbes.com, MSNBC.com, BusinessWeek.com, and more. Susan is President & CEO of KeySplash Creative, Inc., a marketing communications company. She has worked in corporate marketing roles and through client relationships with AT&T, HSBC, Citibank, Intuit, The New York Times, Cox Communications, and many more large and small companies around the world. Susan also speaks about marketing, branding and social media at events around the world and is frequently interviewed by television, online, radio, and print media organizations about these topics. She holds an MBA in Management and Strategy and a Bachelor of Science degree in Marketing and is a Certified Professional Career Coach (CPCC).
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