Updated
Updated · Inc. · Jul 4
33% of U.S. Adults Plan Business Launches in 2026 as Startup Competition Intensifies
Updated
Updated · Inc. · Jul 4

33% of U.S. Adults Plan Business Launches in 2026 as Startup Competition Intensifies

1 articles · Updated · Inc. · Jul 4

Summary

  • A QuickBooks 2026 survey found 33% of U.S. adults plan to start a business or side hustle within 12 months, a 94% jump from last year.
  • That surge is pushing business formations to record or near-record levels even as 57% of would-be founders say they will launch despite less-than-ideal economic conditions.
  • More startups also mean a noisier market, with founders facing crowded inboxes, heavier competition and consumers who are more selective about spending than they have been in a decade.
  • The report argues that in this environment, marketing—not just product or price—will determine which new businesses survive their first 12 to 18 months.

Insights

As millions launch new businesses, how can founders build crucial customer trust faster and more cheaply than their competitors?
AI is fueling an entrepreneur boom. Are we creating real businesses or just a new class of digital gig workers?
With countless new options but less money to spend, what truly makes today's cautious consumer choose one brand over another?