Establishing a company also involves running the risk of failure. After a few years, some entrepreneurs are forced to shut down.
According to the FSO Business demography statistics, the average survival rate of new businesses in Switzerland is 83.6% after a year of existence. Thus, 32,727 companies created ‘ex-nihilo’ in 2016 were still active in 2017.
If we look at companies created in 2013, the survival chances are one year and is slightly higher in the secondary sector: 84.6% survived in 2014 compared to 83.8% in the tertiary sector. After two years of existence, the trend is reversed. Businesses in the tertiary sector show a survival rate of 70.9% in 2015 compared to 70.6% in the secondary sector then 61.8% in the tertiary sector and 60.9% in the secondary one after three years of existence. After four years of existence, these values reach 54.7% in the tertiary sector and 54.1% in the secondary sector.