NASHVILLE, Tenn. (WKRN) — It’s not easy to keep a business going in Tennessee, according to a new study from LendingTree.
LendingTree analyzed data from the U.S. Bureau of Labor Statistics collected as recently as March 2025. When comparing each state’s first-year business failure rate, the study found Tennessee had the second-highest in the U.S. — 29.3% of businesses failed in their first year.
Not only is the first year difficult, but the report found that more than half fail after five years and more than two-thirds fail after a decade…