Small Business Labs

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40% of Americans Say They Struggle to Pay Bills

Small Business Labs

The reason, according to the article, is this expansion has been weaker and its benefits distributed far more unevenly than in previous growth cycles, Key article quote: This is a “two-tier recovery,” said Matthew Mish, head of credit strategy at the investment bank UBS.   As the Post article points out, "Half of U.S.

Expenses 153
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The Texas Power Outage and the Rise of Microgrids

Small Business Labs

As the Bloomberg article title implies, going the full solar route is still a bit expensive. But solar power costs continue to fall, and Texas and California's power failures show that big, highly connected, and complex power systems - which are very efficient when they work - are also prone to very big failures.

Expenses 260
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Nonprofit Sector Has Lost Close to Million Jobs During the Pandemic

Small Business Labs

  Key quote from the Axios article Nonprofits in crisis amid the pandemic : "When you lose a nonprofit job, you’re not only losing that job, but the community is losing a service," says Tim Delaney, president and CEO of the National Council of Nonprofits. "It’s Other sources have the job losses greater than 1 million jobs.

Finance 181
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Funding for Education Technology Startups Continues to Boom

Small Business Labs

  The article chart below (click to enlarge) shows some (but not all) of the bigger Edtech funding rounds in 2018. Key quote on why this is happening: College is more expensive these days, the way that we think about work and training is shifting, and existing positions are requiring more tech skills than ever before.

2018 164
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The Legal and Tax Complications Faced by Digital Nomads and Their Employers

Small Business Labs

  A quick summary of the article is if you're working remotely, it can be pretty complicated and potentially expensive from a tax perspective. A surprise tax might be waiting for you nicely covers the various tax issues workers face when they live work remotely. 

Legal 221
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Quibi Bets Big on Mobile Movies

Small Business Labs

.  These bite-sized pieces of content will have Hollywood quality production values, meaning they're expensive to make.    According to MarketWatch's article on Quibi : "Lighthouses,” the service’s premium videos, will cost about $100,000-per-minute to produce, on par with some of the most expensive shows on TV.

Expenses 130
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More on the Changing Nature of Retirement

Small Business Labs

There's been a recent flurry of articles on retirement, mostly focusing on older people staying in the workforce longer than prior generations. It covers the fact that the world is rapidly getting older, as is shown in the article chart below. A good example is the 2016 article For Boomers, Work is the New Retirement.