Building a Business That Will Last

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What Are The Characteristics Of A Long Lasting Company?

By The BIDaWIZ Team on July 26th, 2013 at 4:46 pm

Whether your company is a startup or a large publicly traded entity, there are certain characteristics that any management team can follow to improve their chances of building a long lasting business. Most of these traits go unnoticed or are ignored since 50% of new businesses last 5 years and less than 33% make it past year 10 (source: Bureau of Labor Statistics). .

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