Top Businesses to Survive 5+ Years

You've hear it said, that 90% of business fail in first 4 years.  There's been a lot of research, and argument on that specific statement, however no one can dispute that failure rates are extremely high.  So what if we looked at over 5 years, as a benchmark.  If a business model is more likely to be in business past the 5th year, then it would merit some consideration.  At the very least, a short review to consider WHY they make it past 5 years.

1. Religious Organizations
2. Apartment Building Operators
3. Vegetable Crop Productions
4. Office & Clinics of Medical Doctors
5. Child Day Care Services

source: http://www.statisticbrain.com/startup-failure-by-industry/

Keeping the Faith

Number 1, religious Organizations, like it or not, often file for a form of licenses within their jurisdictions. While they may be represented as a Church, Mission or Community Outreach program, these organizations depend on regular revenue (contributions) and are least likely to disappear within the first 5 years. I am the last person to suggest that religion is a business. In fact, mixing religion and business often spells trouble. None the less, statistics indicate religious organizations to have the best life-expectancy. Success is built on Faith. The faithful followers continue to return, keeping operations... operational.

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