Business Facts

    Random Business Facts

    There are 75 Business Facts!

    A man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
    12
    90% of all restaurants fail during their first year of operation.
    48
    The CEO of Japan Airlines makes $90,000 a year, less than the pilots. During an interview, he said "We in Japan learned during the bubble economy that businesses who pursue money first fail. The business world has lost sight of this basic tenet of business ethics."
    9
    CEO takes over company worth $9m, fires management, gives power to employees, and now makes over $200m
    Ricardo Semler, a CEO in his twenties, took over a company worth $9m, fired most of the management, and gave the power to the employees. It now has a turnover of over $200m.
    15
    Samsung is also a full time weapons manufacturer.
    24
    At YouTube Headquarters, employees can either take the elevator, stairs or slide.
    13
    Over 4.6 million Whopper sandwiches are sold at Burger King every day!
    36
    Bill Gates, the founder of Microsoft was a college drop out.
    95