August 2024

Small Business in the US compared to Mexico

When comparing small business failure rates between the United States and Mexico, it's evident that both countries present significant challenges, though the landscape in Mexico is slightly more difficult. In the U.S., about 20% of small businesses fail within their first year, a figure that increases to 50% by the fifth year and 65% by the tenth year​(Commerce Institute,Cin7). In contrast, Mexico...

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