Sentences with phrase «lump voluntary closures»
Many statistics looking at closed businesses lump voluntary closures and failures together, which can make your odds look grimmer than they actually may be.
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For example, D&B's startup failure ratio for 1994 was 10:1 (one failure for every 10 startups) but according to the Census Bureau it was 1.1:1 (one failure for every 1.1 startups); this discrepancy is because the Census Bureau data lumps together voluntary closures and failures.