Failure Facts and Figures

With some help from figure.nz, we've collected some facts and figures that highlight New Zealand's strength and opportunity in the area of business risk.

1.New business success rates in 2014

The numbers of New Zealand businesses that succeed show a correlation between employee numbers and survival.

Number of small businesses
(Source: Statistics New Zealand Business Demography, Feb, 2014)
2.Yet, the number of small business is on the rise in New Zealand

Even though numbers suggest smaller new businesses have less of a success rate, New Zealand continues to grow its base of small businesses. Does technology have something to do with it?

Number of small businesses
(Source: figure.nz)
3. We’re one of the fastest countries to adopt new technologies

Is the steady growth of new businesses in New Zealand supported by our readability to change and give something a go?

Number of small businesses
(Source: figure.nz)
4. We make it easy to try, New Zealand is one of the simplest countries in the world to start a business

Whether you try and fail, try again then succeed, or get up and running on the first go, New Zealand is the place to try.

Number of small businesses
(Source: figure.nz)

Updated: 5 September 2018