A U.S. Department of Commerse study conducted from 1971
to 1977 showed that dorning that time less than 5% of franchise
businesses were closed each year. Compare that to US. Smail
Business Administration study conducted from 1978 to 1998,
which found that 62% of non-franchised business closed
within the first 6 years of their existence due to failure,
bankruptcy, etc.
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