Inflation will fuel more small business formation in 2023

Mountain view, calif.--( business wire )--business formation continues to be at historically high levels, with concerns over cost of living and inflation motivating americans to pursue a small business venture. new research from intuit quickbooks shows this trend will continue in 2023 and of those survey respondents who say they plan to start a small business, two thirds (66%) indicate inflation and the need for additional income is behind their decision. these findings and more are highlighted in the quickbooks new business insights report , based on a recent survey of 15,200 u.s. adults commissioned by intuit (nasdaq: intu), the global financial technology platform that makes quickbooks, turbotax, mint, credit karma, and mailchimp.
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