The number of startups may be increasing—but the problem is there aren’t enough employees to support these businesses. The Bureau of Labor Statistics found that startup team sizes at birth and employment rates have declined in the past few decades. The BLS points out that startup establishments less than one-year-old had seven employees in 1994,…
Author: JBeasant
JBeasant is a writer who is passionate about business and entrepreneurship. She believes that SMEs and startups can boost economies and promote growth for both communities and individuals. When she isn't writing, she likes to create cakes and cookies for her loved ones.
Startups are businesses that aim to bring a unique product or service to market. Visionaries that create these kinds of companies want to promote innovations that will greatly serve their target audience, making them a necessity for progress. But many startups don’t succeed with their goals. A report by UC Berkely and Stanford University found that…