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1. 
Imagine a perfect economic environment "that no business fails (in)."
2. 
Unfortunately, the truth is that the rate "that start-up companies fail (at) is high."
3. 
The high failure rate, "and (the main reasons for) this are given below," is concerning.
4. 
Many owners, "and start-up costs are high (for) them," are deterred by the risk of failure.