Kerry Close @kerryclose
3:41 PM ET
Reversing growth in small business activity for the first time in four years.
Bad news for aspiring entrepreneurs: Now might not be the best time to launch your own business.
Total entrepreneurial activity in the U.S.—measured by the number of people starting and operating new businesses—fell to 12% in 2015, from 14% in 2014, according to a report released Tuesday by Babson College. The drop reverses upward growth in small business activity during the previous four years.
The findings could indicate that employees are satisfied with their jobs and unwilling to strike out on their own. But the research could also show a lack of confidence in the small business environment in the wake of the recession, Babson professor Donna Kelley told CNBC. The Small Business Optimism Index, a metric from the National Federation of Independent Business, has remained below its 42-year average since the recession.
https://time.com/money/4413251/small-business-entrepreneurship-decline/
I have owned multiple businesses over the last 35 years.
Dodd Frank, Obamacare and other recent State and Federal regulations have made it almost impossible to replicate the success I enjoyed..
The Government has stifled commercial lending as banks are constantly looking over their shoulders at the regulators.
The American Dream is presently in a very deep coma.