Business

• The number one reason why businesses fail is there’s no market need.
• Almost 9 in 10 small businesses offer a medical plan to their employees. More than 50% of small businesses aim to offer a better benefits package than their competitors.
• Studies show middle-aged men start the most successful businesses.
• Spain leads the world in cork production.
• In 2015, there were about 414,000 startups firms that were less than 1-year-old and 396,000 business closures.
• Adidas will cancel any sponsorship deal they have with a player if it turns out he has anything to do with Scientology.
• 12.5 percent of small businesses are made up of immigrants from other countries. Diversity is essential for innovation in the workplace.
• Wal-Mart averages a profit of $1.8 million every hour.
• In Iceland, a Big Mac costs $5.50.
• Sweden has more McDonald's per capita than any other country in Europe.
• A majority of small-business owners in the United States don’t have a college degree.
• Bird droppings are the chief export of Nauru, an island nation in the Western Pacific.
• There are 1,008 McDonald's franchises in France.
• Take a picture of business cards people hand you, just in case you lose it.
• The largest taxi fleet in the world is found in Mexico City. The city boasts a fleet of over 140,000 taxis.
• Woman-owned businesses generate $1.8 trillion in revenue. This is just 4.3% of the total private sector revenue.
• China is the world's largest market for BMW's top-of-the-line 760Li. This car sells for $200,000 in China-more than almost all people in China make in a lifetime.
• Warner settled 'Happy Birthday' copyright suit for $14 million
• There are an estimated 582 million people globally, who are in the process of starting or running their own business.
• 20% of small businesses fail in their first year, 30% of small business fail in their second year, and 50% of small businesses fail after five years in business. Finally, 70% of small business owners fail in their 10th year in business.