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To pour on the skepticism, even if a small business does create jobs, one of the time-tested laws of small businesses is that most of them fail, thus destroying
by lyudmil 15y ago
To pour on the skepticism, even if a small business does create jobs, one of the time-tested laws of small businesses is that most of them fail, thus destroying the jobs they created. On the whole small businesses are much closer to a wash in terms of job creation than we're likely to admit.
- tomjen3 15y agoI keep hearing that most small business fails. What I don't hear is what constitutes a failure. Plenty of people choose to make a little money on the side but those business tend not to last.
- lyudmil 15y agoThe failure I was referring to is essentially having to close doors for financial reasons.