America is slowly turning into an entrepreneurship nation. The quality of goods and services, as well as a substantial customer base, is what makes a company successful. Unfortunately, only 45-51% of small businesses get to live past the five-year mark.

Running a successful small business is never a walk in the park. However, with sheer determination and a set purpose, it’s possible.

Curious about what makes a company successful? We reveal 7 key factors that every small business owner should know.

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