May 16, 2021

You’re the Boss Blog: Do You Know a Small Business That Failed This Year?

Today’s Question

What small-business owners think.

Even in good times, the survival rate for small businesses is discouraging — about half fail within five years, according to the Small Business Administration. Unfortunately, 2011 was another tough year. We’ve just published an article by Eileen Zimmerman about five businesses that didn’t make it. Behind every failed business, there’s a story.

Do you know of a small business that didn’t survive 2011? If so, please tell us below what the business did, why it mattered to you, and why you think it failed.

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