The ABC of Business Incubation

Failure Rate

Failure is a word seldom used in the business incubator industry. Nevertheless there are some companies which stop trading and which are seen as failures. Despite all the support and advice (hopefully not because of) some firms go bankrupt or voluntarily close down because the business is not as good as it was hoped to be. The failure rate then is the percentage of failed tenants in a business incubator (on an annual basis).