EZOnlineFiling.com Releases Statistics Indicating More Americans are Becoming Entrepreneurs in Down Economy

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In response to the surge of lay-offs that have become a reality for so many Americans, the number of new business formations has increased by over 25 percent. Many have decided to try their hand at entrepreneurship in the down economy. Americans are shifting away from the corporate culture and becoming more self-reliant.

Let's face it. Large companies are struggling and in the mad scramble to rescue stock values, employees are coming up short

Unemployment is over 8 percent across the nation, with four states reaching numbers over 10 percent, and each day potential for more business closings and layoffs. So how are Americans responding to these hard times? They certainly aren’t giving up. Business start-ups in the fourth quarter of 2008 seem to indicate that Americans are shifting away from corporate culture and becoming more self-reliant. New business formations, specifically Limited Liability Companies (LLC), were up over 25 percent for the period and early indications are that this number will grow significantly for the first quarter of 2009.

“Let’s face it. Large companies are struggling and in the mad scramble to rescue stock values, employees are coming up short,” says Scott Weddle, Founder of EZOnlineFiling.com. “The current business environment, with ever increasing layoffs, is forcing people to reconsider their goals and the value of a corporate job. We see more and more people each day turning to their own skills and forming a small business. We feel fortunate to be in a position to help these entrepreneurs form their first LLC or Corporation. These small businesses promise to be the silver lining in a growing black cloud of uncertainty for so many people.”

Having the protections associated with a legal entity can assist small businesses with those very important early months. Having professionals assist with the formation takes one more worry away from the hectic list of items new business owners face.

About EZOnlineFiling.com
EZOnlineFiling.com is one of the nation’s fastest growing business document filing services. EZOnlineFiling.com offers a personal, one-on-one service to its customers that is cost effective and reassuring. EZOnlineFiling.com service offerings include LLC Formation, Incorporation, Federal Employer Identification Number Application, Annual Report Filing, Registered Agent Service and more.

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