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Top Ten Small Business Trends for 2012

Small Business Labs

  2012 will see more small businesses recognize and take advantage of this key competitive advantage.   This growing ability to network, collaborate and socialize is making independent work more attractive, and 2012 will see the trend towards independent work continue to grow.    Technology Trends.

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Use of Contract Labor by Sole Proprietors Surging

Small Business Labs

This data covers business receipts, deductions, and net income reported by individual taxpayers on Schedule C of Form 1040. In 2012 there were 23.5 In 2013 contract labor was 36% of total labor costs, up from 31% in 2010 and just 20% in 2003.  In 2013 there were a bit over 24 million sole proprietors reporting about $1.34

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