Small Business Labs

JULY 2, 2020

  While the data is a bit old (2016), more recent estimates indicate this data is still accurate. Those shortfalls contribute mightily to other ill effects: poorer healthcare outcomes, lower educational attainment, and shorter life expectancies, for example." Wealth and income inequality is a major issue facing the U.S. 

2016 278

2016 Retirement 278

Small Business Labs

SEPTEMBER 11, 2018

The IRS released their 2016 tax data on sole proprietors.     In 2016 about 25.5 in 2016, up from $34.4   This is an increase of 65% between 2010 and 2016.  in 2016, up from $34.4   This is an increase of 65% between 2010 and 2016.  And in 2016 it reached 39%. 

2003 183

2003 2016 Temping Salary 183

Small Business Labs

MAY 7, 2018

.  Our favorites are: Millennials are projected to outnumber Baby Boomers next year: Numbering 71 million in 2016, Millennials in the United States are approaching Baby Boomers (74 million) in population and are projected to surpass them as the nation’s largest living adult generation in 2019. 

2016 160

2016 2006 2018 2019 160

Small Business Labs

SEPTEMBER 12, 2017

In 2016, a new craft or micro brewery opened in the US on average every 11 hours. million barrels of beer in 2016. of the beer industry's 2016 volume.    More impressively, craft and micro brewers 2016 sales totaled $23.5   More impressively, craft and micro brewers 2016 sales totaled $23.5

2016 180

2016 2015 180

Small Business Labs

OCTOBER 15, 2019

In 2012, only about 800,000 exited, but in 2016 2.4 And since 2016 the number of exits has steadily declined.   The declining number of reluctants is also why the number of exits peaked in 2016 and has declined since. million annually since 2011. But the number of people exiting has varied widely. million did.

2016 140

2016 2012 2021 2019 140

Small Business Labs

APRIL 23, 2019

This is up from just 19% in 2016. .  A key finding is the use of online lending sources by small businesses is rapidly expanding.    As the study chart below shows (click to enlarge), in 2018 32% of small businesses seeking credit applied to an online lender. According to the report, they were right.

Finance 216

Finance 2018 2019 2016 216

Small Business Labs

JULY 8, 2019

According to the  U.S. Census, the number of   nonemployer businesses in 2017 increased to 25,701,671, up 3.6%   Nonemployers are businesses that have an owner, but don't have paid traditional full or part-time employees (W2 employees). The data comes from tax records.

2016 207

2016 2017 2010 UPS 207

Small Business Labs

JANUARY 3, 2019

car and light truck sales year was 2016 when 17.6   It seems fairly certain that 2019 will not beat 2016 in terms of auto sales. Their survey found "Thirty-four percent of Americans said they are likely to buy a new car next year" This translates to about 70 million or so Americans. The peak U.S.

2019 193

2019 2016 Networking UPS 193

Small Business Labs

SEPTEMBER 18, 2018

The data is for 2016 (the most recent available) and was developed in conjunction with the U.S. Between 2007 and 2016, nonprofit employment grew by nearly 17% while for-profit employment grew by less than 5%. The Johns Hopkins Non-Profit Economic Data Project recently released new data on the the non-profit sector of the economy.

2016 144

2016 Payroll 2007 144

Small Business Labs

AUGUST 15, 2019

Revenue has grown from $436 million in 2016 to $1.82 Their operating losses have also increased quite impressively, from $396 million in 2016 to $1.69 billion in 2018 and they look to be on track to double revenue again this year. billion in 2018.

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Filing 2018 2016 2019 123

Small Business Labs

SEPTEMBER 1, 2020

   Shareable's 2016 story How Platform Coops Can Beat Death Stars Like Uber to Create a Real Sharing Economy nicely covered the topic. .   Establishing a coop online talent marketplace is not a new idea.  It pointed out at that time a number of online talent marketplace coops existed. 

2016 205

2016 2014 2015 Interviewing 205

Small Business Labs

MARCH 3, 2020

  It's based on extensive surveys and interviews across 33 countries and updates similar efforts conducted in 2013 and 2016.  The large, global market research firm Ipsos recently released its Global Trends 2020 study.    These are: Climate emergency and antagonism.

2020 155

2020 2016 2013 Interviewing 155

Small Business Labs

FEBRUARY 23, 2017

  This is part of the findings of the recently released Intuit 2016 Dispatch From the New Economy: The On-Workforce study.  2016 Intuit On-Demand Economy Workforce study methodology. The overall results for 2016 are consistent with the results from 2015.  The number is forecast to grow to 9.2 million by 2021.

Kelly Services 134

Kelly Services 2016 2015 Medical 134

Small Business Labs

SEPTEMBER 24, 2018

In a 2016 Harvard Business Review article on external talent platforms we said: We expect to see many other large corporations deploying independent external talent platforms and exchanges over the next two to three years, as 21st-century social, economic, demographic, and technological trends change the way we all think about talent.

Skills 177

Skills 2016 International Goals 177

Small Business Labs

JUNE 13, 2017

percent from 2016.   In 2017 the share of full-time reluctants declined to its lowest level of 24%, down from 26% in 2016 and 34% in 2012.  percent from 2016. million in 2016. million in 2016. MBO Partners released their 2017 State of Independence report today. in American rose to 40.9 In 2017, 3.2

2017 129

2017 2016 2012 2022 129

Small Business Labs

JUNE 8, 2017

  The company reported $795 million in revenue for 2016, up from $341 million in revenue for 2015. It lost $55 million in 2016 compared to $47 million in 2015. It reports having $390 million in revenue in 2016, up 71% over 2015. Blue Apron , a meal kit delivery service company, has filed for an IPO. 

UPS 118

UPS 2016 2015 Filing 118

Small Business Labs

NOVEMBER 20, 2018

The chart below shows that the number of non-employer businesses has been growing about 2% a year of the past 15 years, reaching 24,813,048 in 2016. .  Two charts from the one-pager jumped out at us. Over the same period, the number of employer businesses has more or less stayed the same at a bit under 6 million.

2016 229

2016 Agencies AT&T 229

Small Business Labs

SEPTEMBER 14, 2017

According to the article:  In 2016, there were 291 million unique wireless subscribers in North America, representing 80% of the region's population. This comes as no great surprise, but the numbers are still impressive. The chart below illustrating this is from the Axios article  America's insatiable wireless appetite.

2016 160

2016 2012 160

Small Business Labs

FEBRUARY 5, 2019

cities grew by almost 50% in the 18 months between 2016 and Q2 2018.  The growth of flexible workspaces is nicely shown in the report chart below. The amount of coworking and flexible workspace in 19 major U.S.   Despite this growth, coworking comprises only 1.6% of commercial office space.

2018 187

2018 2019 2016 Travel 187

Small Business Labs

JUNE 26, 2017

VC investments in artificial intelligence (AI) and machine learning more than doubled in 2016, according to the National Venture Capital Association. As the chart below (click to enlarge) from the Axios article Venture Capital Investment in AI skyrockets shows, VCs have continued to pour money into AI in 2017.

Learning 138

Learning 2016 2017 UPS 138

Small Business Labs

MAY 31, 2018

million or more in 2016. The 2016 median for this group was $2.4 . The 9.9% refers to those who are wealthy enough to be in the top 9.9% of Americans in terms of net worth.    To be in this group took a net worth of $1.2 million and the top members have net worth's in the $10 million range.

2016 145

2016 Expenses 2014 2017 145

Small Business Labs

JANUARY 14, 2020

  As the report chart below shows, from 2007 to 2016 (the most recently available data) employment in the non-profit sector grew nearly four times faster than the for-profit sector.  .   As the study chart below shows, this makes the non-profit sector as big in terms of employment as the U.S. manufacturing sector.

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2019 2016 2017 2007 162

Small Business Labs

NOVEMBER 30, 2017

  As the report chart below shows (click to enlarge), the number of high digital jobs has grown from 5% of jobs in 2002 to 23% in 2016. ." The study findings show the U.S. economy is digitializing rapidly.  It also shows the number of low digital jobs substantially declined during the same period.

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2002 2001 2016 Skills 175

Small Business Labs

FEBRUARY 14, 2017

The research firm BIA/Kelsey estimates that in 2016 local U.S. on-demand economy generated $34 billion in revenue. They are forecasting this will grow to $57 billion in 2017.    BIA/Kelsey is an analyst firm focusing on the local advertising and marketing marketplace.

2017 195

2017 2016 UPS 195

Small Business Labs

JULY 17, 2017

million Americans were involved in direct selling in 2016.   The 2016 Intuit On-Demand Workforce study found that about 3.9 According to the Direct Selling Association (DSA), 20.5 Of those, 5.3 While the other 15.2 million Americans work for online on-demand platforms and marketplaces like Uber, Lyft and Upwork. 

2016 150

2016 AT&T Stress Skills 150

Small Business Labs

OCTOBER 29, 2018

bleisure” trips increased by 20% from 2016 to 2017. The Word We Love to Hate is Gaining Popularity Across the Globe : according to new SAP Concur travel and expense data gathered between January 2017 and December 2017. And during this time, more than 2.2

Travel 166

Travel 2017 2015 Expenses 166

Small Business Labs

JANUARY 26, 2017

Despite a decline in venture capital investments last year , 2016 was a record year for venture investments in pet tech startups. It shows pet industry spending grew again in 2016, reaching almost $63 billion.   The chart below is an update of a chart we did for our 2011 article  The Amazing Growth of the Pet Industry.

2016 100

2016 2011 Training Management 100

Small Business Labs

NOVEMBER 1, 2016

Ardent Partners recently released their 2016-2017 State of Contingent Workforce Management report.    According to the report, the use of contingent workers by corporations continues to grow and accounts for nearly 38 percent of all workers in 2016. .  This is a very fast growth rate by labor market standards. 

2016 100

2016 2020 2017 2015 100

Small Business Labs

AUGUST 2, 2016

  We recently released our 2016 coworking forecast and we are projecting continued rapid growth over the next 4 years, although at a slower rate than the industry's current dizzying pace.    We expect the number of global coworking members to increase from about 976,000 in 2016 to just over 3.8 million in 2020. 

2020 100

2020 2016 2014 2015 100

Small Business Labs

NOVEMBER 1, 2018

of Americans lived in poverty in 2017, which is statistically the same as in 2016. In September the U.s. Census Bureau released the Supplemental Poverty Measure: 2017. It reports that 13.9% This leads to the obvious question what is - and why is there - a supplemental poverty measure.

2017 133

2017 Budget 2016 2011 133

Small Business Labs

JUNE 21, 2016

  The chart is from Babson College's State of Small Business in 2016 study. .  But as the chart below shows, the median American small business owner is a bit over 50 years old.   It's a comprehensive, 40 page report covering a variety of small business issues.

2016 186

2016 UPS 186

Small Business Labs

SEPTEMBER 5, 2017

In 2016 it was 59% of Americans. These are the number of people covered by health insurance and the acceptance of gay marriage.    The rapidly rising acceptance of gay marriage, BTW, is quite stunning. In 2004 just 31% of Americans reported they accepted gay marriage. Rarely do social trends change this quickly. 

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2004 2016 Health 165

Small Business Labs

APRIL 26, 2018

households rented their homes in 2016, which is about 9.3 Nearly 43 million U.S. million more than in 2004. 

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2001 2004 2015 2016 169

Small Business Labs

AUGUST 14, 2017

This is the second in a series of reports based on their 2016 small business credit survey.  Federal Reserve released the their Report on Startup Firms.

2016 170

2016 AT&T UPS 170

Small Business Labs

JUNE 11, 2018

  Regular readers may remember we covered Spring Place's first location in New York city in our 2016 article  The Rise of the Combo Social Club, Coworking Space. Here's how we described Spring Place then: "Spring Place goes beyond just offering stylish work environs in an enviable zipcode. Spring

2019 159

2019 2016 Restaurants Environment 159

Small Business Labs

FEBRUARY 5, 2018

According to the forecast, by 2027 the average tenure on S&P 500 will be just 12 years, down from 24 years in 2016 and 33 years in 1964. .   This report forecasts continuing corporate turbulence and a reduction in the amount of time firms spend on the S&P 500 index.

2018 155

2018 2016 155

Small Business Labs

NOVEMBER 19, 2018

A good example is the 2016 article For Boomers, Work is the New Retirement. And yes, as the article picture below illustrates, the residents do appear to be having fun and "wasting away" there. We've long covered the trend towards aging baby boomers working past the age people used to retire.

Retirement 169

Retirement 2016 Expenses AT&T 169