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5 Small Business Secrets You Didn’t Know

According to the US Bureau of Statistics, there are 28 million small businesses in the U.S. which accounts for 60 to 80% of all new jobs and 44% of U.S. payroll.

This highlights the importance of small business enterprises in the economy. Another interesting fact that will intrigue small business owners is that there are 1162 times more small businesses as compared to large corporations.

But the latest figures also suggest that only 50% of businesses survive five years or more. There are several causes attributed to this appalling rate of small business failure. Improper planning and short-term approach are the major reasons that cause a small business to disappear. But those who have managed to survive and grow, what are the secrets behind their success?

Below are five small business secrets that you may not know which will lead you to the path of success

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What is benchmark lending? it was also a question for me! now I have understood this. Benchmark lending is a term about loans, Loan can be Mortgage loan, student loan, personal loan, car loan or any other loans. It is a term of marking which fix, up and down the loan rate of interest. It is usually used in the United States, Canada and similar countries. This keyword is include in High Paying Adsense Keywords list. So therefore, I was looking for the importance and the background of this keyword. Whenever a person or company borrow loan from any bank, they set the Benchmark rate at starting, after passing time it can be up or down according to the terms and conditions of bank.

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