Never too far to fall: how SMEs and startups thrive after failure

Despite challenging market situations and competition from big brands, small businesses that succeed fall back on the mantra of "fail and try again".

Nosh is a Hong Kong food delivery business specialising in healthy meals

Once they decide to wave goodbye to the security of a pay cheque, the daily life of most entrepreneurs becomes a relentless cycle of trial and error. Rarely do many succeed at the first try.  Those who fail may find comfort in the commonly-held belief that 99 out of 100 new businesses will eventually fold.

Yet survey results from the CPA Australia Asia-Pacific Small Business Survey 2017 suggest that SME sectors in this region...

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