Startup Surge

Despite economic uncertainty and a volatile market, the coronavirus pandemic has led to a surge in startups. 

Many spending habits changed over the last several years, and the stay-at-home economy is heating up. As new market opportunities became clear, startups rapidly pivoted to meet these emerging consumer demands. 

Digital solutions are a large part of this because consumers are using technology for work, fitness, learning and socialization. Startups are seizing these new market opportunities. They have an advantage because they are nimble enough to move quickly in response to the changing market. 

In addition to business leadership, small companies are frequently more successful at inspiring consumer trust during difficult times. Many entrepreneurs have been forthright with customers about what they're doing to meet customer needs. 

At Barraco Accounting LLC, we are dedicated to help your business continue to grow. Ann Barraco brings years of experience in tax preparation and financial services to local businesses and individuals across the Greater New Orleans area. If you have questions about your startup or small business, contact us today. 

Blog Source - Forbes