Updated
Updated · Inc. · Jun 20
U.S. Business Applications Rise 3.7% in May After 5.7 Million Startup Filings in 2025
Updated
Updated · Inc. · Jun 20

U.S. Business Applications Rise 3.7% in May After 5.7 Million Startup Filings in 2025

2 articles · Updated · Inc. · Jun 20

Summary

  • U.S. business applications rose 3.7% in May from a year earlier, extending momentum after more than 5.7 million startup filings in 2025, according to Census Bureau data cited in the report.
  • The report tied that strength to demand from small firms for outsourced financial help, with bookkeeping and fractional CFO services highlighted as a growing niche.
  • Finance and insurance showed the strongest projected performance for at least the next six months, outperforming the national business average in Census Bureau data.
  • The broader backdrop points to continued small-business formation and service demand, including senior-focused businesses such as aging-in-place consulting as more Americans plan to remain in their homes.

Insights

With half of new businesses failing, are retirees gambling their nest eggs on a post-career dream?
Will AI, the tool helping retirees launch businesses, ultimately make their years of experience less valuable?
Amidst a massive business transfer, should retirees buy an existing company instead of building one from scratch?