By Myranda Mondry
2021 broke a record year for entrepreneurship with five million new businesses started. This year more than 17 million Americans said they wanted to open a new business, according to data from QuickBooks.
These new business owners have unique challenges to face in the wake of the pandemic. Like inflation, which a recent QuickBooks survey found that almost all business owners (99%) are concerned about. Respondents also ranked supply chain, cash flow challenges, low funding, and skills shortages among the top threats facing small businesses this year.