The most common concern entrepreneurs face is the fear of failure about starting a new venture. These doubts are increased with the constant news stories about failing or closing small businesses. But a look behind the numbers reveals that small business entrepreneurs have a better chance at success than they may realize. In fact, a review of business closings by the Wall Street Journal’s Small Business editors shows that the number of outright failures is highly exaggerated. Nearly a third of business closures that government statistics assume to be failures are not really failures at all. These businesses were considered …
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