01/27/2007

The 10 Riskiest Businesses To Start

Maureen Farrel assessed the 10 riskiest businesses to start.

" While some two-thirds of small firms make it past the two-year mark, just 44% can hack it for four years, according to the latest data from the Bureau of Labor Statistics (USA) ".

According to Fair Isaac (FIC), the more riskiest are : transportation, apparel stores, restaurants and bars, communications, travel agencies and tour operators, food services, personal services, auto repair, trucking, and money services businesses.

" And which industries are a better fit for the faint of heart ? Surprisingly, real estate--including landlords, agents and developers--has a relatively low risk profile, according to Fair Isaac's data. Professional services and licensed trades score well, too: Think insurance brokers, doctor's offices and law firms ".

Maureen Farrel, The 10 riskiest businesses to start, Forbes.com, Jan. 18, 2007. Full article >>

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