According to a recent study conducted by researchers from the Harvard Business School, 95 percent of new businesses will fail; and 40 percent of new business entrepreneurs will lose most, if not all, of the capital they invested into their businesses. Aspiring entrepreneurs who are considering starting their own businesses will not find these numbers encouraging, but, in reality, things are not quite so bleak, either.
Before accepting the above numbers at face value, we first need to know how the above researchers actually defined the term success. The way it is worded, it sounds like all but five percent of new businesses are forced to close up shop after one year. Come to find out, 40 percent ended up going out of business, while the other 55 percent simply failed to meet specific goals they had set for themselves early on. While some entrepreneurs would consider this failing, the majority of them would probably be too determined to simply give up after one setback.
Since you would be hard pressed to find an entrepreneur who is not an optimist, most would look at the above statistics from the perspective that 60 percent of new businesses at least break even at the end of their first year. And if they fail to achieve specific goals their first reaction would not to give up, but to find a way to address their weaknesses. For smart and determined entrepreneurs, small business SEO services offer excellent opportunities for them to market their businesses online in a highly effective and affordable way.
While businesses of all sizes must prioritize SEO, small business SEO services are particularly valuable to fledgling entrepreneurs with more conservative budgets. Unlike traditional media advertising, the best SEO companies can help their clients reach the public using a variety of strategies that are aimed at fast results. With SEO the goal is simple, the higher business websites rank on Google the more visible they will be to potential customers. The obvious result should be business growth.
Although the goal of SEO is simple, getting there is not always quite as simple. For this reason, it is always in the best interest of entrepreneurs to partner with the very best small business SEO firms as possible. After all, how many other ways can you get fast online marketing results and actually save money?