NEW YORK (AP) — The number of Americans looking to start their own business is on the rise, as the coronavirus pandemic creates opportunities for some would-be entrepreneurs. People are starting businesses for a variety of reasons: some lost their job during the pandemic and decided to make their “side hustle” their main occupation. Others reevaluated their priorities and decided to leave the corporate world. Some took advantage of the flexibility of working remotely and lower commercial rents. Now, these new owners are also dealing with the problems the pandemic has posed for many established businesses: changing guidance from health officials, difficulty reaching customers, snags in the supply chain and general uncertainty about what’s ahead.
Pandemic creates openings for would-be entrepreneurs
