When people think of entrepreneurs in America, names like Mark Cuban, Jeff Bezos, and Mark Zuckerberg come to mind. However, for every Elon Musk, there are hundreds of thousands of business owners trying to carve out a slice of the marketplace, and that number is on the rise.
Important Information:
- Nearly 5.4 million new business applications were filed in 2024, a record high, according to the U.S. Census Bureau.
- Small businesses made up more than 99% of all businesses in 2021 and employed nearly 59 million Americans