In 2021, 5.4 million applications for new businesses were filed. This rise in entrepreneurial activity coincides with the Great Resignation and the COVID-19 global pandemic where people are re-evaluating their relationship with work.
See also:
- Growing startups are a microcosm of an economy, their successes and failures will be a good indication of how the future economy will perform
- With so many new businesses getting off the ground, selling to startups has never been better