State on pace for record number of new business filings
By: DAVID HENKE, Staff Writer
Posted: Wednesday, December 16, 2009 1:25 am
Northfieldnews.com: It took Russ Halvorson all of a week after he was laid off to decide to open his own business.
A third-generation land surveyor, Halvorson lost his job as the manager at a Faribault-based surveying company last July. After a few days staring the bleak job market in the face, Halvorson decided to bypass the job search process and start his own Northfield-based land surveying company, Halvorson Land Surveying.
In doing so, Halvorson became a part of a surprising state-wide trend. This year, during the worst economic recession in more than seven decades, tens of thousands of new Minnesota businesses are springing to life - so many that the Secretary of State’s office, which keeps track of new business filings, says that the state is on course this year to set a new annual record.
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