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Tennessee Sets New Records for Business Formation and Renewals

Tennessee set new records in the first quarter of 2023 for business formations and renewals in the state, according to the recent Quarterly Business and Economic Indicators report issued by the Secretary of State’s Office. That was Tre Hargett, Tennessee Secretary of State. When compared to pre-pandemic numbers prior to the first quarter of 2019, new business formations (new entity filings) are up by 72%, signifying modest growth for the first 3-months of 2023 (See the full report .

Hargett: State sets new records for business formation and renewals in 1Q

Hargett: State sets new records for business formation and renewals in 1Q
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