Startups Are Booming – Here’s Why

Despite the Great Resignation, startup businesses are booming. Why is this? Stephanie Gorski, Strategy Managing Director/Partner at Accenture has some thoughts. Listen in as she talks with host Gene Marks about the recent study from Accenture, the changing business owner demographic, and more.

Topics Include:

00:20 – An introduction to Stephanie Gorski
01:37 – Small businesses are not enterprise businesses
05:28 – Accenture’s study on startups
07:54 – How startups came to be during COVID
10:33 – Giving your employees the opportunity to pursue passions
13:35 – Would COVID have had the same impact 10 years ago
15:07 – What factors hold people back from starting up businesses          
17:18 – The unglamorous side of starting up a business
18:27 – How this data will be helpful to businesses
20:08 – The changing demographic of new business owners
22:34 – Stephanie Gorski’s passion

Thinking about starting a business? Learn what you need to know before you do at www.paychex.com/articles/startup/things-to-know-starting-business.

Use this start-up guide to play your new business. www.paychex.com/secure/whitepapers/plan-your-business.

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.