Greater Burlington, Vermont, ANE Event on July 15 2021 | eWomenNetwork

Greater Burlington, Vermont, ANE Event on July 15 2021 | eWomenNetwork

It's often said that more than half of new businesses fail during the first year. According to the Small Business Association (SBA), this isn't necessarily true. The SBA states that only 30% of new businesses fail during the first two years of being open, 50% during the first five years and 66% during the first 10. But there is also the ‘not discussed’ statistic that most businesses may not have failed yet, but that they are hanging on by a mere thread.