Letsreachsuccess iconLetsreachsuccessAug 25, 2026

5 Money Lessons First-Time Founders Wish They’d Known Sooner

According to the Australian Bureau of Statistics (ABS), around 20% of all new small businesses in Australia close within their first 12 months. While the reasons why so many startups struggle to survive will vary between businesses, cash flow problems and limited...

5 Money Lessons First-Time Founders Wish They’d Known Sooner

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According to the Australian Bureau of Statistics (ABS), around 20% of all new small businesses in Australia close within their first 12 months.

While the reasons why so many startups struggle to survive will vary between businesses, cash flow problems and limited...

By the time year three comes around, about 50% of them have folded.

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According to the Australian Bureau of Statistics (ABS), around 20% of all new small businesses in Australia close within their first 12 months. While the reasons why so many startups struggle to survive will vary between businesses, cash flow problems and limited... By the time year three comes around, about 50% of them have folded.

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By the time year three comes around, about 50% of them have folded.

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