Start-ups and small business funding
Sources of Funding
by Ilya Nikitin
Knowing the difference between high growth technology start-ups and small businesses is critical when it comes to funding decisions. High growth technology start-ups are very different from other businesses. With a traditional small business the chances of succeeding in the first two years are high with an estimated 75% success rate. In contrast, a high growth technology start-up even with a great idea, a solid business plan backed with a strong team and investor has a 75% chance of failing (Compass.co, 2015). Keep reading
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