Do you know why most new businesses fail?
Related: What to Do When You Fail
It isn’t a lack of passion or creativity. Eighty-two percent of businesses fail because of cash-flow problems.
Developing a successful and sustainable business requires a strong strategy backed by factual support. That’s why it’s important to learn as much as you can about the statistics of running a business. Read through the infographic below to discover everything you need to know about overcoming the many challenges, so your company doesn’t become just another number.
Related: 16 Tools You Need to Be a Business Badass
Jason Kruger is the President of Signature Analytics with more than 17 years of accounting and finance experience in both public and private industry accounting. Since 2008, Jason has acted as the CFO for many of Signature Analytics’ clients, providing them with the financial analysis they need to grow their business and make more data driven decisions. He has direct experience with many complex accounting and financial issues within a variety of companies and industries, including software, technology, biotech, manufacturing, food/beverage, apparel, construction, and advertising.
Prior to Signature Analytics, Jason spent ten years in public accounting, culminating as an Audit Senior Manager with Deloitte in San Diego. He received his bachelor’s degree in Accounting/Finance from the University of Arizona.