Business Longevity: How to make sure your business remains a success

Why do 42% of new businesses in the UK fail within five years? Alternatively, what can you do to help your business keep trading for over 100 years? Read our infographic to find out how to make your business a success and last the test of time.

In the UK, 42% of businesses fail within their first five years. It's a big percentage, and a problematic one too. So why is this happening? In this infographic we explore the reasons behind this figure, while providing solutions to help make your smart idea flourish and not flounder.

(click for larger image):

The Ultimate On-Site Playlist - slide 1

Business insurance from Towergate

Whether you’re a large business, SME or sole trader, work from home or have a property empire - Towergate have got an insurance policy for you. For more information, visit our dedicated business insurance page.

About the author

Mike Stephens FCII is a respected senior industry professional and Fellow of the Chartered Insurance Institute (CII) with well over 40 years’ varied experience in the commercial insurance sector as a director, underwriter, and operational improvement manager.