Tennessee sees an increase in new businesses during and after the pandemic

NASHVILLE, Tenn (WTVF) — During the pandemic we saw many small businesses survive and others who simply couldn’t make it.
It was also in 2020 when we saw an increase in new businesses and the numbers in the state continue to climb.

The last Yelp Economic Average showed a decreasing number of overall closures, 132,580 in total businesses across the country closed because of the pandemic and more than 97,900 permanently closed.

Main Street Alliance and Color of Change, conducted a poll that asked 600 entrepreneurs from all backgrounds how long they believed they could remain open in the current Coronavirus-slammed economy without government aid.

Only 40% of Black respondents said they could last more than six months, compared with 46% of Asian respondents, 48% of Latinx and 55% of white respondents. This was released in October of 2020.

However, new studies show despite financial hardship, there has been a surge of new business in states like Tennessee and…

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