Small Business Labs

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

Small Business Labs

She stresses that the traditional principles, values and definition of coworking are still important and relevant and that a new name is not needed.   Key quote: The industry has come a long way since it first took off in the early 2000s. It also fits with what's going on in the commercial office space industry

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Direct Selling Industry Employs More People Than the Online Gig Economy Platforms

Small Business Labs

This goes back to the early days of the direct selling industry in the late 1950's and early 60's. At that time the industry specifically targeted women as the market and women as sellers.   And they continue to stress work flexibility as key reason to be a direct seller.

2016 150
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Small Business Closure Scenarios

Small Business Labs

Based on an industry by industry analysis (1), our base case estimate is 21% of U.S.    Notes: (1) Our analysis looked at industry level historical closure rates (see the U.S. Morgan Chase Institute's study Cash is King: Flows, Balances, and Buffer Days is a good source for cash balance data by industry). 

2015 190
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The Problems Fashion Freelancers Face

Small Business Labs

The most common issues included the irregularity of work, extreme pressure and stress, clients canceling jobs with no notice or compensation, and ageism. The article explains why: Giulia Mensitieri is an anthropologist and author of  The Most Beautiful Job in the World , which exposed a culture of exploitation across the industry.

2020 175
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The Return of Independent Bookstores

Small Business Labs

According to a study by Harvard Business School professor Ryan Raffaelli, there are "“3 C’s” behind this resurgence: community, curation, and convening: Community: Indie bookstores stress their local community ties and values. This positions them to benefit from the broader new localism trend.

2017 189
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The Growing Silicon Prairie

Small Business Labs

The article stresses how much lower the cost of doing business - and living - is in the Midwest. But as the article chart below points out, the Midwest is also an economic powerhouse that has traditionally been undervalued by the tech industry. And the “Silicon Prairie” — cornfields and all — is having a moment in the unrelenting sun.

2010 134
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MIT Economists on the Impact of COVID-19 on Labor Markets

Small Business Labs

  Urban De-Densification : While stressing that "the death of cities have been greatly exaggerated over many decades," changes caused by COVID-19 will likely lead to a reversal in the growth of large urban centers due to people moving to the suburbs as well as smaller towns.     4. 

Policies 208