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"82% of small businesses fail due to poor cash flow management."
U.S. Bank study by Jessie Hagen, as cited by SCORE (Counselors to America's Small Business) →
"60% of small business owners aren't confident in their accounting or finance knowledge."
Intuit QuickBooks, "20 Small Business Financial Literacy Statistics for 2025" →
"56% of small businesses make major decisions every month based on incomplete financial information."
Digits, survey of 2,000 small business owners, as reported by PR Newswire (October 2021) →
"$10,000+ in profits lost on average due to low financial literacy."
Intuit QuickBooks, "20 Small Business Financial Literacy Statistics for 2025" →