Solve the following problems
Problem 1- The text compares the failure rate for small businesses with the divorce rate in marriage and the student failure rate in college. Are these fair comparisons?
Problem 2- Describe the techniques that a business with which you are familiar with has used to prevent its failure.
Problem 3- Predict the future of small business. In what industries will it be most involved? What trends so you foresee?
Part 1- Will the failure rate go up or down?
Part 2- Will the importance of small business increase or decrease by the year 2020?
I need help to clarify the failure rate for small businesses.