Small Business Labs

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What WeWork's Troubles Mean for the Coworking industry

Small Business Labs

  But despite WeWork's woes, the coworking industry is doing just fine. As we pointed out a few months ago, the coworking industry continues to surge and WeWork's problems won't change this.    Having said all that, WeWork's problems will impact the coworking industry

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Coworking Industry Competition Heating Up

Small Business Labs

The coworking industry is getting more competitive.  The coworking industry is attracting a range of new entrants.   This competition will impact the coworking industry in a variety of ways, with a big one being increased pressure on spaces to execute well. increasing competition is normal in growing industries.

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Site Covers How the Economy is being Impacted by the Pandemic by Industry

Small Business Labs

Vertical IQ is a leading provider of Industry Intelligence for those advising small- and medium-sized businesses such as bankers, accountants, and other SMB advisors.      They've put together a set of industry by industry analyses covering the impact of the pandemic and related recession.  

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Coworking Doesn't Need a New Name, But the Office Space Industry Does

Small Business Labs

Key quote: The industry has come a long way since it first took off in the early 2000s.   We agree that the term "coworking" is too limiting for what's going in the commercial office space industry.   This is part of a much broader trend - the servitization of products - that's impacting most industries.

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The Ideas Industry

Small Business Labs

The Ideas Industry  is an interesting look at how the marketplace for ideas is shifting due to the emergence of for-profit think tanks and ideas entrepreneurs. The book reaches no firm conclusions whether or not the evolution of the ideas industry and the rise of for-profits is good or bad.

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Industrial Internet Changing Industries

Small Business Labs

Interesting study from Accenture on how the industrial internet is changing the competitive landscape of industries.   Accenture defines the industrial internet as the combination of Big Data analytics with the Internet of Things. Eighty-seven percent believe it will have that power within three years.

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Expert Network Industry Big and Getting Bigger

Small Business Labs

The industry is also growing rapidly, with industry revenues expected to exceed $1 billion by 2022.  As shown by the report chart below (click to enlarge), there are about 1.5 million people working as experts for these firms.