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Business exit reasons in South Korea 2017

Reasons for South Korean entrepreneurs to discontinue their own businesses as of June 2017
Created with Highcharts 5.0.14575717.417.411.811.85.95.9442222UnprofitablePersonal reasonsProblems with financeBureaucracyAnother opportunityExitSold the business0102030405060

The data shows the results of a survey asking South Korean entrepreneurs about the reasons for business exit as of June 2017. During the survey period, 57% of respondents replied that they discontinued their own businesses due to unprofitability.

Unprofitable 57
Personal reasons 17.4
Problems with finance 11.8
Bureaucracy 5.9
Another opportunity 4
Exit 2
Sold the business 2

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