There are over 28 million small businesses in the United States. But sadly, nearly 80% of small businesses fail in their first 18 months of existence. The main reason behind this fact?
Most simply run out of money.
These days, it’s easier than ever to start a small business or side hustle, but doing so doesn’t necessarily mean you’re equipped to sort out the financial side of things. If your financial situation is keeping you up at night, you’re not alone. We’re rounding up the 5 most stressful challenges facing small business owners on the Justworks blog.