Small Business Labs

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The Surge in New Small Business Applications

Small Business Labs

  An interesting aspect of this data is the difference between the current surge compared to the slight uptick in applications during the last recession (2008-2009).      There are several likely reasons for this surge.     This is especially true for gig economy businesses. 

2008 273
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Coworking's Unstoppable Market Growth

Small Business Labs

  They call this " Coworking's unstoppable market growth "   We've pointed out that our prior coworking forecasts (dating back to 2009) have all ended up being low. They believe the amount of coworking and flexible office space in the U.S. will triple over the next 5 years.  So JLL could easily be right. 

2017 198
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The Return of Independent Bookstores

Small Business Labs

  From 2009 to 2017 the number of U.S. But as NPR's  Why The Number Of Independent Bookstores Increased During The 'Retail Apocalypse'  reports, despite Amazon and other challenges independent bookstores are having a bit of a renaissance.  independent bookstores increased roughly 40%. 

2017 189
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Kauffman Foundation Indicators Show U.S. Entrepreneurship Near 20 Year High

Small Business Labs

34 in the peak years of 2009 and 2010. .  The Kauffman Indicators use a somewhat unusual entrepreneurship measure - the percent of the adult U.S. population who create a new business each month.    In 2017 this worked out to be.33% 33% of the adult population, or 330 out of 100,000 adults. This is just shy of the.34

2017 170
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How Many Employees Will Small Business Layoff?

Small Business Labs

This is similar to the small business layoff share in the Great Recession of 2008-2009.  .  The implied overall U.S. unemployment rate estimates assume small businesses will lay off 60% of those laid off over the next 4 months.

Policies 167
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Bitcoin Is Longer for Payments; It's a Gold Alternative

Small Business Labs

When Bitcoin was released in 2009, it was meant to be a digital currency and an alternative to traditional money. And for several years it more or less functioned in that role. But no longer. This is because the price of Bitcoins are way too volatile and way too expensive to function as a currency. 

2012 195
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Fab Labs, Maker Spaces and the 3rd Digital Revolution

Small Business Labs

  We've long studied these coworking spaces for making things and our 2009 study on the maker movement is one of our favorite research projects.  .  While this vision may or may not come to pass, what is happening is the number of global  fab labs and makerspaces is rapidly growing. 

FedEx 160