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BBC NEWS | Business | Why so many start-ups fail

BBC NEWS | Business | Why so many start-ups fail: "It is an uncomfortable fact of business life that four out of five start-ups end in failure.

With the economic downturn making things even tougher for new firms, how can you avoid the pitfalls that trap so many fledgling businesses?

First of all, remember that given how many start-ups fail following the most well worn paths is not necessarily the best policy."
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