Small businesses in the US represent 99.7 percent of all firms and they employ about half of all private sector employees.
According to the Small Business Administration Office of Advocacy, the latest statistics show that “new businesses have only a 50/50 chance of surviving for five years or more.”
Poor management is cited as the number one reason for failure.
“New business owners frequently lack relevant business and management expertise in areas such as finance, purchasing, selling, production, and hiring and managing employees,” says the SBA.
Hubbard College alumni are successful entrepreneurs because they are equipped with the tools to administer effective organizational and management solutions.
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320 North Vermont Avenue
Los Angeles, CA 90004