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 83.9% after a year of existence. Thus, nearly 33,000 companies created ‘ex-nihilo’ in 2017 were still active in 2018.
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 five years of existence, these values reach 49.3% in the tertiary sector and 48.4% in the secondary sector.