Small Business Labs

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Number of U.S. Nonemployer Businesses Continued to Grow in 2018

Small Business Labs

Census,  the number of   nonemployer small businesses increased to 26,485,532 in 2018, up 3% from 2017.     From 2010 to 2018 the number of nonemployer businesses has grown at an average annual rate of 2.53%. between 2010 and 2018 and reached 3.1 million in 2018

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CB Insights on the Trends Shaping Tech in 2018

Small Business Labs

The technology information site CB Insights recently published their list of 15 Trends Shaping Tech in 2018. This is happening and next year, for example, Volvo will release a car subscription option for their new 2018 XC40 SUV.  So their list of tech trends is well worth taking a look at.

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Euromonitor's Top 10 Global Consumer Trends for 2018

Small Business Labs

Euromonitor International recently released their 2018 Top 10 Global Consumer Trends list,  which are listed in the chart below. We found all the trends interesting, but we especially liked two trends that we also follow closely - the shift to access over ownership and the rise of entrepreneurship.

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Craft Brewers Continued to Gain Share on Global Brewing Giants in 2018

Small Business Labs

The small and independent Brewers Association released their 2018 Craft Beer Growth Report. Key quote: In 2018, small and independent brewers collectively produced 25.9 craft breweries increased from 6,490 in 2017 to 7.346 in 2018. Retail dollar value was estimated at $27.6 billion, representing 24.1 The number of U.S.

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JP Morgan Chase's 2018 Online Platform Study and Rideshare Driver Earnings

Small Business Labs

The JP Morgan Chase Institute released their 2018 Online Platform Economy in 2018 study this week. It generated a lot of media attention, most of which focused on the data showing the average rideshare driver's earnings per month declined 53% between 2013 and 2017 (click on the chart to enlarge).

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The Long Term Shift to Contract Labor by Small Businesses

Small Business Labs

billion on contract labor in 2018 (the most recent data available).  Over the period from 2010 to 2018, contract labor spend by sole proprietors increased by an annual growth rate of 9.1%. billion in 2018, or an annual growth rate of 3.61%. the spending on traditional employee salaries and wages from 2010 to 2018.

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Coworking Forecast: 1 Million Coworkers in 2018

Small Business Labs

We released our 2014 to 2018 global coworking forecast last week at the Global Coworking Unconference Conference (GCUC) in Kansas City.   As the chart below from our GCUC presentation shows, this growth results in over 12,000 global coworking spaces operating in 2018. .  Coworking trends'

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