The Surge in New Small Business Applications
Small Business Labs
NOVEMBER 10, 2020
Applications to get a tax ID as part of starting a business jumped a dramatic 77% in Q3 from the prior quarter. This was the largest increase ever in business applications - and there's nothing even close. As the U.S. Census chart below shows (click to enlarge), both solopreneur business applications (referred to as "Applications Other than High-Propensity") and High-Propensity Business Applications (those indicating they are planning on hiring employees) significantly increas
Let's personalize your content