According to the survey carried out among start-up owners, the main reasons why their businesses did not work out were running of funds, with 38 percent, and no market need, with 35 percent. The source mentions that there is rarely one reason behind a company going bankrupt, it is rather a mixture of several issues.
Main reasons for business failure among start-ups worldwide in 2021
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$189 USD $149 USD / Month *
in the first 12 months
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Basic Statistic Share of Russian businesses cutting jobs due to COVID-19 2020, by size
- Basic Statistic Share of staff dismissed in Russian companies due to COVID-19 2020
- Basic Statistic Major problems of companies due to COVID-19 in Russia 2020
- Basic Statistic Working mode in companies during COVID-19 in Russia 2020, by size
- Premium Statistic COVID-19 impact on small businesses in the U.S. as of April 2022
- Premium Statistic Change in small business employment due to COVID-19 U.S. 2021-2022
- Premium Statistic Share of small businesses requiring a negative COVID-19 test U.S. April 2022
- Premium Statistic Distribution of financial aid to small businesses due to COVID-19 U.S. April 2022
- Premium Statistic Share of small business closings due to COVID-19 U.S. 2020-2022
- Premium Statistic Number of business insolvencies in Australia 2014-2021
About the region
10
- Premium Statistic Urban Outfitters number of stores worldwide as of 2023, by store type
- Premium Statistic Net income of Urban Outfitters worldwide 2014-2023
- Basic Statistic Net sales share of Urban Outfitters worldwide in 2023, by product category
- Premium Statistic Urban Outfitters' domestic and foreign sales worldwide 2016-2023
- Premium Statistic Urban Outfitters number of stores worldwide as of 2023, by region
- Premium Statistic Net sales of Urban Outfitters worldwide 2012-2023
- Premium Statistic Gross profit of Urban Outfitters worldwide 2012-2023
- Premium Statistic Net sales of Urban Outfitters worldwide 2014-2023, by segment
- Basic Statistic Global revenue of Walmart 2019-2022, by quarter
- Premium Statistic Global sales of Walgreens 2022, by quarter
Selected statistics
2
Other regions
10
- Premium Statistic COVID-19 impact on small businesses in the U.S. wholesale trade 2021
- Premium Statistic Men cost of starting a business in Israel 2010-2020
- Premium Statistic Cost of starting a business in MENA by country 2019
- Premium Statistic Leading startups based on funding in Canada 2020
- Basic Statistic Number of business insolvencies in China 2007-2022
- Premium Statistic Global entrepreneurship index score Malaysia 2017 by components
- Premium Statistic Private non-financial corporations gross operating surplus in the UK 2013-2019
- Premium Statistic Ease of doing business New Zealand 2013-2019
- Basic Statistic Challenges of COVID-19 for selected firms in GCC 2020
- Premium Statistic Global entrepreneurship index score Indonesia 2018 by components
Related statistics
10
- Premium Statistic Business indicator of small enterprises in Sweden 2022, by sector
- Premium Statistic Forecasted number of business insolvencies 2022, by country
- Basic Statistic Number of business insolvencies in selected developing economies 2007-2021
- Premium Statistic Annual growth in global business insolvencies by region 2008-2023
- Premium Statistic Number of business insolvencies in Australia by industry 2021
- Premium Statistic Average time to resolve business insolvencies by region 2019
- Premium Statistic Average time to resolve business insolvencies worldwide 2003-2019
- Premium Statistic Average time to resolve business insolvencies by country 2019
- Premium Statistic Average time to resolve business insolvencies by income level 2003-2019
- Premium Statistic Number of major business insolvencies by industry 2019
Further related statistics
8
- Distribution of Ahold Delhaize Group's global net sales by region 2016-2021
- Reasons for using social media to get a customer service response 2012
- Adidas Group's global net sales from 2002 to 2022, by product category
- The adidas Group's global footwear production from 2008-2022
- Forecast: global data center IP traffic 2013-2021, by segment
- Number of Deutsche Bank customers 2012-2014, by segment
- Employer recruitment strategies for business school graduates in 2012
- Skills and qualities considered by recruiters of business school graduates 2011
Further Content: You might find this interesting as well
Statistics
- Distribution of Ahold Delhaize Group's global net sales by region 2016-2021
- Reasons for using social media to get a customer service response 2012
- Adidas Group's global net sales from 2002 to 2022, by product category
- The adidas Group's global footwear production from 2008-2022
- Forecast: global data center IP traffic 2013-2021, by segment
- Number of Deutsche Bank customers 2012-2014, by segment
- Employer recruitment strategies for business school graduates in 2012
- Skills and qualities considered by recruiters of business school graduates 2011
CB Insights. (August 3, 2021). Main reasons for business failure among start-ups worldwide in 2021 [Graph]. In Statista. Retrieved September 29, 2023, from https://www.statista.com/statistics/1271464/start-up-failure-reasons/
CB Insights. "Main reasons for business failure among start-ups worldwide in 2021." Chart. August 3, 2021. Statista. Accessed September 29, 2023. https://www.statista.com/statistics/1271464/start-up-failure-reasons/
CB Insights. (2021). Main reasons for business failure among start-ups worldwide in 2021. Statista. Statista Inc.. Accessed: September 29, 2023. https://www.statista.com/statistics/1271464/start-up-failure-reasons/
CB Insights. "Main Reasons for Business Failure among Start-ups Worldwide in 2021." Statista, Statista Inc., 3 Aug 2021, https://www.statista.com/statistics/1271464/start-up-failure-reasons/
CB Insights, Main reasons for business failure among start-ups worldwide in 2021 Statista, https://www.statista.com/statistics/1271464/start-up-failure-reasons/ (last visited September 29, 2023)
Main reasons for business failure among start-ups worldwide in 2021 [Graph], CB Insights, August 3, 2021. [Online]. Available: https://www.statista.com/statistics/1271464/start-up-failure-reasons/