University of Montana Rural Institute
Contrary to popular belief, small businesses have a good success rate. Researchers who had originally analyzed the data and found high rates of business failures re-analyzed the same data and found that 80% of small businesses are still operating after eight years. Researchers discovered that the original research counted businesses that were sold, incorporated, or where the owner had retired as failures.
© The Rural Institute 1998
National Institute on Disability and Rehabilitation Research
This publication is funded by the U.S. Department of Education’s National Institute on Disability and Rehabilitation Research Grant#H133B70017-98 The opinions expressed are the author’s and not those of the Department of Education.
Arnold, Nancy Ph.D. and Rural Institute, University of Montana, "Self-Employment: Improving Policy & Practice" (1998). Employment. 7.