Small Business Labs

Post Pandemic, the Hybrid In-Office, Remote Work Model is the Most Favored

Small Business Labs

By late last summer, it became clear that most companies would likely move to a hybrid working model , which combines increased levels of remote work with in-office work. The Washington Post's recent article T he hybrid office is here to stay.

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We're Nearing Peak Fossil Fuel Demand

Small Business Labs

McKinsey's Global Energy Perspective 2021 suggests the global demand for fossil fuels will peak in 2027 and steadily fall afterwards.  

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The Rising Net Worth of the Less Affluent

Small Business Labs

Bloomberg's The Comeback of the Bottom Half covers Federal Reserve data showing that the less-affluent 50% of Americans saw their net worth rise the fastest over the past decade.

2021 65

LinkedIn's New Freelance Marketplace

Small Business Labs

Fortune's LinkedIn’s new Marketplaces will help freelancers find work covers a new online freelance talent marketplace being developed by LinkedIn. Like other online freelance talent marketplaces such as Fiverr and Upwork, Marketplaces will enable businesses to find, hire, and pay freelancers.

2021 88

JungleScout's State of the Amazon Seller

Small Business Labs

JungleScout provides a platform that helps small businesses find, launch, and sell products on Amazon.    They recently released their 2021 State of the Amazon Seller Report.

2021 73

The Demographics of Nonemployer Business Owners

Small Business Labs

The U.S. Census has released new demographic data on nonemployer businesses.      Nonemployers are businesses that have an owner but don't have paid traditional full or part-time employees (W2 employees).

2021 72

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

Small Business Labs

Thanks to the pandemic, employers and employees have both embraced the advantages of remote work.    Even IBM, which got a lot of attention several years ago  when it ended its remote work programs , is now embracing  remote work.

2021 65

Recode's 10 ways office work will never be the same

Small Business Labs

At around 4,000 words, Recode's 10 ways office work will never be the same is really more of a report than an article. The article is chocked full of data and links to interesting studies illustrating what offices will be like post-pandemic. 

2021 70

New Business Applications Continue to Surge

Small Business Labs

Over the past 6 months new business applications have surged.    As the U.S. Census chart below shows (click to enlarge), the surge is continuing with 492,000 applications filed in January. This us up 73% compared with last January. 

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What is Good Information Hygiene?

Small Business Labs

Edelman released their 2021 Trust Barometer , which is an annual global study on the level of trust citizens have in institutions. The Trust Barometer focuses on trust in governments, corporations, NGOs and the media and Edelman has conducted this study for two decades.

2021 87

Barlow Research on Small Business Exporters

Small Business Labs

Barlow Research is one of our go-to sources on all things related to small business use of financial services. Their article Five Truths about International Business in the Middle Market covers survey research on the exporting and importing by U.S.

2021 73

Spending on Pets and Investing in Pet Startups Continues to Grow

Small Business Labs

spending on pets reached nearly $100 billion in 2020, up from $95.7 billion in 2019, according to the American Pet Products Association.  

2021 67

The Long Term Shift in Business Applications to Solopreneurs

Small Business Labs

In the early 2000s, about 60% of all new business applications were from businesses planning on having employees.    The other 40% were from solopreneurs who did not plan to hire employees.

2021 78

Uber Grants U.K. Drivers "Worker" - But Not Employee - Status

Small Business Labs

After losing a U.K. Supreme Court case,  Uber this week announced it would be classifying its U.K. drivers as "workers." "  This means Uber's 70,000 UK drivers will get a minimum hourly wage, holiday pay, pensions and other benefits.    Unlike the U.S.,

2021 67

Whatnot - A Live Streaming Person-to-Person Collectibles Marketplace

Small Business Labs

Whatnot , which bills itself as the best marketplace for collectors and enthusiasts on the internet, recently raised a $20 million funding round led by A list VC Andreessen Horowitz.

2021 67

Yet Again, Flying Cars are Predicted to be Just Around the Corner

Small Business Labs

Both the New York Times and the BBC have recent articles claiming that flying cars, in the form of flying taxis, will soon be common.    And it could be true this time.

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American Express on The Rise of the Digital Nomad

Small Business Labs

American Express recently released its annual Global Travel Trends report.      And not surprisingly, one of their trends was on digital nomads.    Key quote from the report: " 54% of respondents (U.S.)

2021 67

The Texas Power Outage and the Rise of Microgrids

Small Business Labs

Both of the partners at Emergent Research started their careers as economists, specifically energy economists.

2021 70

The Surge in New Small Business Applications

Small Business Labs

Applications to get a tax ID as part of starting a business jumped a dramatic 77% in Q3 from the prior quarter.    This was the largest increase ever in business applications - and there's nothing even close. As the U.S.

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The Growing Role Small Businesses and Independent Workers Play in Corporate Ecosystems

Small Business Labs

McKinsey's Ecosystem 2.0: Climbing to the next level summarizes ecosystem 2.0 as: In the emerging world of Ecosystem 2.0,

2021 76

Professional Services Business Applications from Freelancers Continued their 2020 Surge in January.

Small Business Labs

In 2020 professional services applications from independent workers (freelancers, independent contractors, etc.) increased by 21% over 2019.

2021 67

Creative Boom on What They Never Tell You About Becoming a Freelance Creative

Small Business Labs

There's lots of articles these days covering how to become an full or part-time independent worker (freelancer, independent contractor, gig worker. etc.).      One of our recent favorites is What they never tell you about becoming a freelance creative from Creative Boom.

2021 67

Side Giggers and Independent Workers in Super Bowl Ads

Small Business Labs

We haven't seen all the Super Bowl ads yet, but we know independent workers will be featured in two of them. Squarespace's ad (below) features Dolly Parton singing 5-9, a take off on her hit song and movie 9-5.    It shows a variety of side giggers pursuing their passions.

2021 71

Digital Nomad Numbers Skyrocket Thanks to Work From Anywhere

Small Business Labs

The number of U.S. digital nomads grew from 7.3 million in 2019 to 10.9 million in 2020, a 49% increase. This data comes from COVID-19 and the Rise of the Digital Nomad , which is the report on the third year of an ongoing research series on digital nomads conducted by MBO Partners.

2020 89

Key Findings from 10 Years of Studying the Gig Economy: Freelancers Happier and Healthier

Small Business Labs

One of the clearest findings of the decade-long MBO Partners State of Independence study is full-time Independent workers (freelancers, independent contractors, the self-employed) consistently report that they believe they're happier and healthier because they are independent workers.

2020 79

Book Review: Building the Business of You

Small Business Labs

Building the Business of You aims to help people "navigate the uncertain, post-pandemic world of work, while aligning personal purpose and professional advancement." 

2021 67

Business Applications Continue to Surge

Small Business Labs

There were 1.15 million applications to get a business tax ID (EIN) in Q4, 2020.    This is an impressive 27% increase compared with Q4 of 2019. As the U.S. Census chart below shows, business applications fell from Q3 by 28%. 

2021 72

Nonprofit Sector Has Lost Close to Million Jobs During the Pandemic

Small Business Labs

The nonprofit segment is quite large, employing more than 10% of all U.S. private sector workers.    This is more workers than in the manufacturing, construction, or finance sectors. So it's a problem that nonprofits have been hit hard by the pandemic.

2021 67

Key Findings from 10 Years of Studying the Gig Economy: The Rise of Microbusiness Exporters

Small Business Labs

Despite trade wars, tariffs, and the erection of other barriers to cross-border commerce, the past decade has seen a substantial increase in the number of U.S. microbusinesses and freelancers who export goods and services.

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MBO Partners 10 Future of Work Predictions for 2021

Small Business Labs

Last week MBO Partners released their annual future of work predictions for the coming year. 

2021 73

The World Economic Forum's 2021 Global Risk Report

Small Business Labs

The World Economic Forum's (WEF) Global Risk Report identifies the top risks faced by businesses and society over the next decade.  

2021 69

CNBC's Ultimate Side Hustle Guide for 2021

Small Business Labs

The number of people who have side hustles (also called side gigs) has been growing rapidly over the past 5 years.      The reasons for this growth - and how to start and run a side gig - are nicely explained in CNBC's extensive field guide The Ultimate Side Hustle Guide.

2021 67

Wunderman Thompson's 2021 Future 100 Trends Report

Small Business Labs

The 2021 edition of the annual Wunderman Thompson Future 100 report was released last year.    It's one of our favorite trend reports. 

2021 67

Poshmark and the Rise of Social Selling

Small Business Labs

Poshmark is a social e-commerce platform where people buy and sell secondhand goods, mostly used clothes.    It went public last week and closed its first trading day worth $3 billion.      In the Barron's article Poshmark CEO Sees Huge Market for Used Goods.

2021 67

A Third Way to Classify Workers Gains Momentum

Small Business Labs

In the recent election, California voters overwhelmingly passed Proposition 22. The passage of Prop 22 means that firms like Uber and Lyft can legally classify their drivers as contractors instead of employees.    And it has also effectively created a new, 3rd way to classify workers.

2020 72

Side Hustle Stack - A Directory of Gig Platforms and Marketplaces

Small Business Labs

Side Hustle Stack describes itself as: " a resource for finding various platforms to earn income—ranging from side hustles to building a full-time standalone business.

2021 67

Will Coworking Be One of the "Big Winners in the Age of Remote Work"?

Small Business Labs

Business Insider has an excellent interview with Richard Florida , a leading expert on cities and urbanism and the author of The Rise of the Creative Class. The interview covers a lot of interesting ground, and it’s well worth reading. But one part jumped out at us.    Key quote: Human beings are social animals. We require connection, we require human interaction. Remote workers who are by definition working outside of the office will require more of this.

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Coworking Spaces are Human Spaces

Small Business Labs

Last week the results from the spring coworking space member survey were released at the Global Coworking Conference Unconference (GCUC). Emergent  Emergent Research (that's us) partnered with GCUC and Jacob Sayles of Office Nomads on this study. The key finding is while coworking spaces are definitely workspaces, they are also much more. They are places where members work, network, learn and socialize together.    In other words, coworking spaces are human spaces.

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COVID-19 Accelerating the Trend Towards Vertical and Indoor Farming

Small Business Labs

The interest and investments in vertical and indoor farms has been growing steadily for several  years. This is due to the advantages of indoor farming.

2020 70

Happy Holidays!

Small Business Labs

We'll be back next week

Marie Claire and the Mainstreaming of Freelancing

Small Business Labs

The magazine Marie Claire was first published in 1937 and describes itself as "the site that women turn to for information on fashion, style, hairstyles, beauty, women's issues, careers, health, and relationships."  

2020 69

Will COVID-19 Cause Older Small Business Owners to Close Their Businesses?

Small Business Labs

According to the research firm Barlow Research Associates , the average small business owner is 60 years old. And as the Barlow chart below shows (click to enlarge), almost 40% are aged 65 or older.    This raises an interesting question. 

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The K-Shaped Recovery

Small Business Labs

There's much talk these days about a K-shaped recovery. This is a recovery where professionals and those with higher wealth and income are hurt less by the recession and recover more quickly than moderate and low-income Americans.

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