Businesses growing businesses: how the rise of one type of venture is helping the Triad lead business growth nationwide [Video]

Business is booming across the Triad – and it’s transforming the commercial landscape in so many ways.The North Carolina Department of Commerce says from 2020 to 2023 they saw a 41% increase in new business applications.But the department says while there was a surge in new businesses across the country during the pandemic, this continued boom is separate and being seen here in the state now.But the area is also seeing a surge of another kind. The rise in a completely new way to work co-working office spaces.And entrepreneurs are saying that both surges are an interesting trend that could prove the Triad is not only good for business, but is changing how it’s done. Co-working office spaces, are rentable office spaces that people can work out of by themselves or with a team.For many startups they knock down the barrier to entry of needing to purchase huge office spaces, …