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October 26, 2011 AT 6:44 am

Entrepreneurs Who Go It Alone

Entrepreneurs Who Go It Alone — By Choice – Entrepreneurial Insights @ TIME.

…during the recent economic slump, more Americans have started businesses than at any time in the past 15 years, according to the Kauffman Foundation. The Kauffman Index of Entrepreneurial Activity, an indicator of new business creation in the U.S.,shows that .34 percent of American adults created a business per month (or 565,000 new businesses) in 2010. That’s not entirely surprising given the state of the economy: Entrepreneurship is often a choice for people who were laid off and can’t find work.

We are seeing more one-person shops starting kit businesses as well lately.


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