Laura Chase de Formingny/Christopher Van Jura
We at The Indicator and Planet Money are looking for our fall and winter intern for 2021/2022! It’s paid, and you can do it remotely from anywhere in the US. Apply here.
The latest business formation number is out. People started over 440 thousand businesses in June 2021. The sixteen-month period from March 2020 to June 2021 marks a record high for business startups. Which factors are responsible for this wave of entrepreneurs?
Economist Julia Pollak says economic recessions can create ideal conditions for people to start their own businesses – and the economic downturn caused by the pandemic is no different. Many people suddenly had time and, in the case of COVID, the financial resources in the form of stimulus checks, to consider entrepreneurship. In addition, startup costs have gone down over the years and online platforms have made small ventures viable. Julia thinks many of the new entrepreneurs are resilient and can grow from the pandemic economic downturn.
Chris Van Jura is a business owner in the Washington D.C. area. After being laid off from his restaurant work, Chris had an idea. He bought and converted a used food cart into his new hot dog business, Catalyst Hot Dogs. The good news is that the business is picking up steam.
Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
stock market investing and crypto investing. Come for business consultations with us. Our phone number is 804-349-6199
All business plans created are tailored to the client's strengths and weaknesses after a full market research is done for the business and locations that it is profitable for you. please feel free to contact me. 804-349-6199
from WordPress https://ift.tt/3kpqxaI
via IFTTT
No comments:
Post a Comment