The correct answer to the question regarding the failure rate of small businesses typically aligns with widely observed statistics. It's generally stated that:

1. **Small Business Failure Rate**: Research shows that approximately 20% of small businesses fail within their first year, and about 50% fail within their first five years.

2. **Understanding the Options**:
- **Six months**: While some businesses may fail in this period, it's not the common benchmark.
- **Year**: This represents a significant number of failures but does not encompass the larger portion that fails later.
- **Five years**: This aligns with the statistic that about half of small businesses fail within this timeframe.
- **Ten years**: More businesses still exist, but many have already closed by this point.

### Final Answer
The appropriate choice is **five years**, as about half of all small businesses tend to fail within this time frame according to statistical insights.

Question

The correct answer to the question regarding the failure rate of small businesses typically aligns with widely observed statistics. It's generally stated that:

1. **Small Business Failure Rate**: Research shows that approximately 20% of small businesses fail within their first year, and about 50% fail within their first five years.

2. **Understanding the Options**: 
   - **Six months**: While some businesses may fail in this period, it's not the common benchmark.
   - **Year**: This represents a significant number of failures but does not encompass the larger portion that fails later.
   - **Five years**: This aligns with the statistic that about half of small businesses fail within this timeframe.
   - **Ten years**: More businesses still exist, but many have already closed by this point.

### Final Answer
The appropriate choice is **five years**, as about half of all small businesses tend to fail within this time frame according to statistical insights.

Knowee AI · Accepted Answer

The correct answer to the question regarding the failure rate of small businesses typically aligns with widely observed statistics. It's generally stated that:

1. **Small Business Failure Rate**: Research shows that approximately 20% of small businesses fail within their first year, and about 50% fail within their first five years.

2. **Understanding the Options**: 
   - **Six months**: While some businesses may fail in this period, it's not the common benchmark.
   - **Year**: This represents a significant number of failures but does not encompass the larger portion that fails later.
   - **Five years**: This aligns with the statistic that about half of small businesses fail within this timeframe.
   - **Ten years**: More businesses still exist, but many have already closed by this point.

### Final Answer
The appropriate choice is **five years**, as about half of all small businesses tend to fail within this time frame according to statistical insights.

Multiple Choice QuestionHalf of all small businesses fail within the first ______.Multiple choice question.six monthsyearfive yearsten years

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Multiple Choice Question

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