Your brother is a dentist and has opened a new practice in your hometown. As a business student you know that this type of business experiences low failure rates. True or false?

True

Explanation:

Many of the businesses with the lowest failure rates require advanced degrees to start. This would include veterinary services and dentists' offices. However, while training and degrees may buy security, they do not tend to produce high growth rate.

It is advisable for my dentist brother to open a new practice.