Statistics in business are merely a guide
I play the odds in business. Spend money and hope where you spend it returns more than your investment. Whether the money is spent on infrastructure, advertising, labor, I use statistics as a useful tool.
If I paid attention to only statistics, I never would have started a business. The old addage of how many new businesses fail in the first 5 years should have scared me off. The important thing is to realize how critical the decisions made in the first 5 years are to the success of a new operation and use statistics as a way to help you balance your judgement.
I am a CPA in San Antonio and provide bookkeeping, payroll, taxes and more. We offer a free initial visit and look forward to serving your business needs.
Richard J. Garcia | 03/03/2012