Payments Choice Will Help Surging Retail Startups Thrive, Not Just Survive

Starting a new business is an exercise in optimism. Entrepreneurs see an opportunity, often a local one — a vacuum where demand is there to be met, and money is to be made.

In the latest data from the U.S. Census on business formation, November marked a month of optimism, it seems for retail. At a high level, business applications for tax IDs, adjusted for seasonal variation, reached nearly 449,000 last month. 

Tax IDs are among the first steps in making a business more than a concept.