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Another relatively modern trend has been the destruction of small businesses as America seems to be losing its entrepreneurial edge, a huge driver of not only innovation but also employment growth.  Fewer new businesses were created in the last five years in the US than any period since at least 1980, according to a new analysis by the Economic Innovation Group.  Additionally, the business creation that is occurring is being concentrated in ever fewer locations primarily big cities along the coasts, Dallas and Chicago.  Another significant change is that they are increasingly focused on technology related matters.

This is Caleb Lawrence Registered Investment Adviser Scotts Valley Drive and Willis Road in the Scotts Valley Plaza, Suite 202 or call me toll free at 888-RICH PIG / 888-742-4744.

You can catch me on the radio at noon each business day as well on California’s central coast.  KPIG 107.5 FM in the Monterey Bay or KPYG 94.9 FM in San Luis Obispo.

Advisory services offered through Caleb Lawrence Registered Investment Adviser Inc.

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