Answer:
The life expectancy of small businesses varies considerably.
Most businesses change over time, adapting to market changes, customer
preferences, the health of the owner, and in the presence of other
opportunities. Many small business owners take on new products,
move to different locations, sell out and use the profits to start
new ventures, so longevity is largely a function of the business
model and the owner’s plans or opportunities.
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to an individual's situation. Readers are encouraged to contact
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