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Risky Business? Applications for New Businesses Nearly Doubled During Pandemic

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Business applications of all sizes have nearly doubled since the pandemic started, jumping from 3.5 million in 2019 to 5.4 million in 2021, according to data from the U.S. Census Bureau.

“Many people thought it was very risky to open a shop or expand our business during that time, I thought it was a perfect time,” said Talamante, owner of Cabetos Pops.“We started in 2017 in farmers markets. From there we went to do parties,” said Talamante.

“Unfortunately for another business, they were hit hard,” said Talamante. “Zero Gelato, they were there in that spot. They had everything set up for us to just move in. We took advantage of it, you know, unfortunately for them, but fortunately for us.”This article tagged under:

 

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