Page 2 - Business Doctors Growth Formula
P. 2
The Facts
Although SMEs form a significant part of our country’s
economy, it is being seen that there is a persistent
problem with their survival and health. Here’s the catch:
% Businesses that succeed
Of businesses that come
into existence every year:
• 50% of them make it
beyond the 2 year mark
• Only 10% make it
beyond the 3rd year. 100% 50% 10%
nd
rd
st
1 year 2 year 3 year