PROVIDENCE — The coronavirus pandemic pressured the shutdown of companies and despatched unemployment hovering in Rhode Island and throughout the nation, however in what looks as if a contradiction, a document variety of new companies have been launched within the Ocean State this 12 months.
As of Wednesday, 10,124 new companies had been registered with the state Secretary of State’s Workplace throughout 2020, the primary time the state has seen greater than 10,000 in a single 12 months, WPRI-TV reported Thursday.
Secretary of State Nellie Gorbea stated her workplace has recognized patterns within the new companies.
“We’ve seen some improve in day cares, cleansing corporations and there are additionally enterprise homeowners who not too long ago misplaced a job due to the contraction in some corporations and have determined to grow to be self-employed,” Gorbea stated.
College of Rhode Island professor of enterprise administration Edward Mazze stated there’s a massive distinction between beginning a enterprise and making it profitable.
“Lots of these companies could also be nothing greater than a entrance to maintain somebody busy,” Mazze stated. “The actual check is what number of of them are going to be round a 12 months from now.”
Lauren Ezovski not too long ago launched an internet site for her market, Elements Limitless Direct, the place she sells miscellaneous tools at discounted charges after dropping her earlier job of 20 years.
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