NEW YORK ( TheStreet) -- There are many reasons why startups never get to reap the riches of a Google (GOOG - Get Report), Amazon (AMZN - Get Report), Chipotle (CMG - Get Report) or Starbucks (SBUX - Get Report).An estimated 627,200 companies big enough to hire began operations in 2008, and 595,600 closed the same year, according to data collected by the Small Business Administration. This amounts to an annual turnover of about 10%. Companies without employees have turnover rates three times as high, mostly because they're easier to start and shut down.
5 (Other) Reasons Small Businesses Fail
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