19 Nov 2020
tips for starting a small business

On average, the U.S. economy welcomes around 627,000 new startups every year. Unfortunately, about 20% of these startups fail within the first two years of operation, as reported by the U.S. Bureau of Labor Statistics (BLS). The most common reasons for shutting down operations include, among others, lack of demand for products, tough competition, poor […]

22 Oct 2020
business insurance for startups

According to the U.S. Bureau of Labor Statistics (BLS), 45% of startups fail within the first five years of operation. Although many factors contribute to this, cash flow issues are among the leading causes. An article published by Small Business Trends indicates that most startups operate at a loss, with only 30% breaking even. Business […]