1) Laundromats:
Success rate: Approximately 95% within the first 5 years. This means a low failure rate.
2) Self-Storage Facilities:
Relatively low failure rate, often considered very stable. Precise percentages are harder to find, but it is considered a very stable business.
3) Essential Home Services (Plumbing, Electrical, HVAC):
Relatively low failure rate, especially for established businesses with good reputations. Demand is constant.
4) Accounting and Bookkeeping Services:
Relatively low failure rate due to consistent demand.
5) IT Support and Services:
Failure rates vary, but established businesses with strong client bases have relatively low rates.
6) Real Estate (Especially Rental Properties):
Failure rates vary widely based on market conditions, but long-term rental properties tend to be relatively stable.
7) Grocery Stores/Essential Retail:
Lower failure rates compared to non-essential retail.
8) Senior Care Services:
Relatively low failure rate due to increasing demand.
9) Vending Machine Businesses:
Failure rates vary greatly on location, and how well the business is managed.
10) Funeral Homes:
Very low failure rate, as it is a very stable market.
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The sad thing is that, here in Houston, the only reason that I know of that a local laundymat failed was that the owner died and the heirs could not afford the death tax. Thanks, Democrats.
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However, in government statistics, that might not be counted as a fail of a business (but the success of a Democrat program to empoverish the nation).
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Can you get a sign that I am a little pissed with Democrats with their antics after last night?
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A little? Your anger is justifiable. š
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Made for good entertainment Trump nailed it
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Interesting list. Thank you! š
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Loved the line about funeral homes having a very low failure rate as “it is a very stable market.” Especially lately; I bet they can hardly keep up with all the Democrat success rate in doing away with so many of us.
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I do believe that is spot on!!!
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