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  2. 8 Most Common Reasons Small Businesses Fail - AOL

    www.aol.com/8-most-common-reasons-small...

    Financing Issues. It's no secret that starting a small business requires capital. According to the U.S. Chamber of Commerce, 69% of small businesses rely on personal savings to finance their start up.

  3. Family business - Wikipedia

    en.wikipedia.org/wiki/Family_business

    The "Global Family Business Index" [5] comprises the largest 500 family firms around the globe. In this index—published for a first time in 2015 by Center for Family Business University of St. Gallen and EY—for a privately held firm, a firm is classified as a family firm in case a family controls more than 50% of the voting rights. For a ...

  4. Business failure - Wikipedia

    en.wikipedia.org/wiki/Business_failure

    Managers of bankrupt firms do not have the experience, knowledge, or vision to run their businesses". [8] M. Victor Janulaitis surveyed 278 organizations in 2018 on why disaster recovery and business continuity plans fail, and found that after 12 months 51% of small to mid-sized business were not able to re-open their doors. [9] [10]

  5. List of the largest family businesses - Wikipedia

    en.wikipedia.org/wiki/List_of_the_largest_family...

    The following list contains the world's 50 largest family businesses by revenue. All data comes from the Family Business Index 500 report by the British auditing firm Ernst & Young and the University of St. Gallen, which lists the 500 largest family businesses in the world. All 500 companies on the list had a combined turnover of $7.3 trillion ...

  6. Why Start-Ups Fail and What We Can Learn From Them - AOL

    www.aol.com/why-start-ups-fail-learn-180013528.html

    Start-ups face a lot of risk. But research suggests that 65% of start-ups fail because of one particular problem: people. Motley Fool host Ricky Mulvey caught up with Martin Gonzalez, creator of ...

  7. Market failure - Wikipedia

    en.wikipedia.org/wiki/Market_failure

    Different economists have different views about what events are the sources of market failure. Mainstream economic analysis widely accepts that a market failure (relative to Pareto efficiency) can occur for three main reasons: if the market is "monopolised" or a small group of businesses hold significant market power, if production of the good or service results in an externality (external ...

  8. Texas leads the nation in 'family annihilation' cases, study ...

    www.aol.com/lifestyle/texas-leads-nation-family...

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  9. Economy of Texas - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Texas

    Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]