Innovation Center encourages business owners to watch for early warning signs
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Northwest Kansas business owners able to plan ahead, evaluate challenges, and protect what they have built through Innovation Center’s Business Services Program
Even the strongest business ideas need planning, structure, and support to succeed over time.
According to recent summaries of U.S. Bureau of Labor Statistics data, approximately 20% of new businesses close within their first year. By the five-year mark, nearly 50% have closed. After a decade, roughl…