Business Facts

    Random Business Facts

    There are 75 Business Facts!

    90% of all restaurants fail during their first year of operation.
    48
    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
    48
    IKEA Boss
    IKEA Boss
    Despite being one of the top 10 richest men in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
    43
    Google's Mower Goats
    Google's Mower Goats
    Rather than using mechanical mowers, Google regularly employs a flock of 200 goats to naturally mow and fertilise the lawns.
    28
    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
    The Shell Oil Company began as a novelty shop in London that sold sea shells.
    3
    The retail price for the iPad would be $1,140 if it were built by American workers instead of Chinese.
    100
    The founder of McDonald's has a Bachelor degree in Hamburgerology.
    158