This statistic displays the results of a survey asking Australian entrepreneurs about the reasons for business exit as of June 2017. During the survey period, 32 percent of respondents replied that they discontinued their own businesses due to unprofitability.
Reasons for Australian entrepreneurs to discontinue their own businesses as of June 2017
Characteristic
Share of respondents
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GEM. (April 6, 2018). Reasons for Australian entrepreneurs to discontinue their own businesses as of June 2017 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/881508/australia-reasons-for-business-exit/
GEM. "Reasons for Australian entrepreneurs to discontinue their own businesses as of June 2017." Chart. April 6, 2018. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/881508/australia-reasons-for-business-exit/
GEM. (2018). Reasons for Australian entrepreneurs to discontinue their own businesses as of June 2017. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/881508/australia-reasons-for-business-exit/
GEM. "Reasons for Australian Entrepreneurs to Discontinue Their Own Businesses as of June 2017." Statista, Statista Inc., 6 Apr 2018, https://www.statista.com/statistics/881508/australia-reasons-for-business-exit/
GEM, Reasons for Australian entrepreneurs to discontinue their own businesses as of June 2017 Statista, https://www.statista.com/statistics/881508/australia-reasons-for-business-exit/ (last visited August 25, 2024)
Reasons for Australian entrepreneurs to discontinue their own businesses as of June 2017 [Graph], GEM, April 6, 2018. [Online]. Available: https://www.statista.com/statistics/881508/australia-reasons-for-business-exit/