Friday, March 23, 2012

A Decline In Entrepreneurship

A decline for new businesses occurred in 2011. Instead of hiring employees, new entrepreneurs are more likely to just go it alone. A 5.9 percent drop from 2010 to 2011 is show in an annual survey that was released by nonpartisan Ewing Marion Kauffman Foundation. Approximately 543,000 new businesses were created in the U.S. each month last year. During the past 16 years, 2011 was recorded to have the highest level of entrepreneurship, even with the drop.

I think that our economy isn't doing too well, and that right now may not be the greatest time to start up a new business.

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