The failure rate among small businesses has been increasing in recent years.

Question

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While the failure rate among small businesses can fluctuate due to various factors such as economic conditions, overall, there isn't a consistent trend showing an increase in failure rates in recent years. In fact, data from sources like the U.S. Bureau of Labor Statistics show that the survival rates for small businesses have remained relatively stable over time, with about half of all new establishments surviving five years or more.

The Failure Rate Among Small Businesses Has Been Increasing in Recent