• What to do when a startup is failing?
    Business

    What to do when a startup is failing?

    Starting a business is a risky and challenging endeavor, and it’s not uncommon for startups to fail. In fact, according to a report by the Small Business Administration, about 20% of small businesses fail within their first year, and 50% fail within the first five years. However, it’s not always the end of the road for a failing startup. Many companies have been able to turn things around and make a comeback. When a startup is failing, it can be a difficult and stressful time for the founders and employees. However, there are steps that can be taken to try to turn things around. One example of a startup that…

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