Startup entrepreneurs should not be frightened by the frequently conveyed statistic that half of all businesses fail within five years. Although the figure is true, it is an average of all industries. In addition, the number is a nationwide average. Business survival rates vary widely across different industries and geographical regions.
Working to create a corporation and run it successfully takes a number of very different skills, including financial management, marketing and technology savvy. But sometimes, as Associated Press columnist Joyce Rosenberg writes, a small business owner needs to be able to ask for help.