ENTREPRENEUR ALERT: New Data from LegalZoom Shows 30% of New Businesses Launch in Q1 as Entrepreneurs Capitalize on Fresh Start

MOUNTAIN VIEW, Calif., Jan. 09, 2025 (GLOBE NEWSWIRE) -- LegalZoom (Nasdaq:LZ), a leading online platform for legal services, today released new customer data showing that approximately 30% of new businesses are formed in the first quarter, up from 27% in 2021 – making January an ideal launching pad for a new business. For many entrepreneurs, forming an LLC remains a crucial step in business ownership, with 48% of LegalZoom business owners citing limiting personal liability as their primary motivation, while 50% seek the legitimacy that helps businesses grow and access capital.