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Hawaiʻi’s problem with failed businesses: 13 facts from new study

Summary by KHON2
HONOLULU (KHON2) -- Hawaiʻi has long been celebrated for its entrepreneurial spirit, with small businesses playing a vital role in the state's economy. However, recent data indicated that starting a business in the Aloha State comes with significant challenges. According to a 2025 LendingTree analysis of U.S. Bureau of Labor Statistics (BLS) data, Hawaiʻi has one of the highest first-year business failure rate in the nation, with 25.4% of new bu…

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KHON2 broke the news in Honolulu, United States on Monday, April 21, 2025.
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