Small Business Labs

Community Lenders Creating Community Spaces - Credit Unions are Opening Coworking Spaces

Small Business Labs

CreditUnions.com's article 3 Ways to Connect Through Coworking Spaces provides an excellent example of how coworking is spreading across industry verticals and niche markets. The article highlights 3 credit unions that have opened coworking spaces.

2019 227

23% of Traditional Full-Time Job Holders Plan to Switch to Gig Work

Small Business Labs

According to MetLife's 2019 U.S. Employee Benefits Study, 23% of Americans with full-time traditional jobs intend to switch to gig work over the next 5 years. Another 14% say they are considering it. 

2019 186

Podcasting Entering the Mainstream

Small Business Labs

In case you hadn't heard, podcasting is booming.    According to The Infinite Dial 2019 , an annual survey conducted by Edison Research and Triton Digital, more than half of all adult Americans have listened to one.

2019 171

Purpose and a Paycheck and the New Retirement

Small Business Labs

Purpose and a Paycheck is a new book from Chris Farrell, a leading expert on retirement and workforce issues facing people over the age of 50. 

The Rise of "Superjobs"

Small Business Labs

From Jobs to Superjobs covers the results of a Deloitte study looking at how automation and A.I are changing work and jobs. The key finding is Deloitte sees automation changing jobs instead of simply replacing workers.

2019 146

TV Sitcom Explores the Blending of Work and Life and the Barriers Between the Professional and Amateur

Small Business Labs

Salon's Mike Schur's new sitcom "Abby's" is "Cheers" for the gig economy is an interview with the producers of a new NBC sitcom that takes places in a backyard bar.    The interview covers what a show set in an illegal backyard bar says about modern culture. 

2019 150

The Most Common Professions of Skilled Freelancers Working for Businesses

Small Business Labs

We're often asked what the most popular professions are for freelancers and independent workers. This is not as easy a question to answer as it seems. Independent workers serve all industries, work with both businesses and consumers and participate in pretty much every job type and profession.

2019 200

Modern Homesteading and the Trend Towards Greater Independence

Small Business Labs

The trend towards desiring greater levels independence - and the autonomy, control and flexibility that comes with it - takes many forms. 

2019 228

Results from the European Freelancers Study

Small Business Labs

The European online talent marketplace Malt and the European Forum for Independent Professionals recently released Freelancing in Europe , a study based on a survey of close to 1,000 European freelancers.    The results are generally consistent with studies of U.S. freelancers.

2019 207

The Rise of "Wealth Work"

Small Business Labs

Quartz's Life coaches are the new personal trainer highlights a trend we've been tracking since 2008 , the growth of personal services.    These are what noted labor economist David Autor calls "wealth work"   A good example is the growth are personal trainers.

2019 193

Half of U.S. Full-Time Employees Plan to Defer Retirement Due to Financial Reasons

Small Business Labs

MetLife recently released their 2019 U.S. Employee Benefits study. It's the 17th year they've done this study. The study is based on a survey of 2,675 adult Americans with a full-time job at companies with at least two employees.

2019 161

Kauffman Foundation Indicators Show U.S. Entrepreneurship Near 20 Year High

Small Business Labs

The Kauffman Foundation recently introduced the Kauffman Indicators of Early Stage Entrepreneurship.    The indicators cover: Rate of new entrepreneurs : The broadest measure possible for business creation by population.

2019 189

Coworking is Disruptive Innovation

Small Business Labs

The term disruptive innovation was coined by Harvard professor Clayton Christensen and popularized by his classic 1997 book  The Innovator’s Dilemma.

2018 242

Colliers on Coworking - It's "Established, Expanding and Evolving"

Small Business Labs

Colliers International, a global real estate services and investment management company, recently released their 2019 U.S. Flexible Workspace Outlook Report.

2019 205

Study Says Over Half of Older Workers Suffer Involuntary Job Loss

Small Business Labs

ProPublica's If You’re Over 50, Chances Are the Decision to Leave a Job Won’t be Yours covers a fascinating study looking at the job paths of workers aged 50 or older. The study used data from the University of Michigan Health and Retirement Study.

2019 219

A Look at Non-Employer Businesses from the SBA

Small Business Labs

The U.S. Small Business Administration's (SBA) Office of Advocacy recently released A Look at Non-Employer Businesses , a one-page summary of key data on non-employers businesses. "Non-employer"

2018 241

"Job Crafting", Independent Work and the American Dream

Small Business Labs

"Job crafting" describes the ways in which employees redesign and customize their jobs to foster greater work satisfaction and engagement. This is done by breaking a job into tasks and then deciding what to do less and more of. 

2019 200

Mercer's Global Talent Trends - Disruption and Greater Use of Non-Employee Labor Ahead

Small Business Labs

The global human capital consulting and services firm Mercer recently released their annual Global Talent Trends study. For the 2019 edition of this study, they surveyed over 7,300 business executives, HR leaders, and employees from around the world on a variety of talent and HR issues.

2019 185

Academic Studies Show Gig Economy Larger Than Government Data Suggests

Small Business Labs

Several papers related to the gig economy presented last week at the American Economic Association annual meeting caught our eye. 

2019 217

Accountants Save Small Businesses Time, Money and Stress at Tax Time

Small Business Labs

According to a recent Intuit survey , about 60% of small businesses with fewer than 20 employees use outside accountants to help them with their taxes.    And as the study chart below shows, this saves the vast majority of them time, money and stress.

2019 206

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

Small Business Labs

There's a mini controversy going on around whether or not coworking needs a new name.    The recent Allwork article Why Coworking Needs a New Definition covers the new name side.

2018 233

McKinsey's Bias Busters Collection

Small Business Labs

McKinsey's Bias Busters Collection covers how are decisions are often affected by cognitive and/or organizational biases. 

2019 169

Connecting Artisan Makers With Retailers and Customers a Rapidly Growing Industry

Small Business Labs

Two companies that connect artisan makers with retailers and customers announced large funding rounds last week. The wholesale marketplace Faire raised $100 million while the wholesale and licensing business Minted said they raised $208 million.

2018 219

What Freelancers Want From Their Clients

Small Business Labs

As we pointed out earlier this week , firms of all sizes and types are increasing their use of freelancers and other forms of non-employee labor. 

2019 169

Why Independent Work and Coworking Increase Mental and Physical Well-Being

Small Business Labs

McKinsey's  The overlooked essentials of employee well-being focuses on how companies can improve the well-being of their employees.

2018 236

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 million barrels and realized 4 percent total growth, increasing craft’s overall beer market share by volume to 13.2 percent.

2019 142

Most CFO's Use Non-Employee Labor for Major Initiatives

Small Business Labs

New research from Robert Half Management Resources found nearly seven in 10 CFOs (69 percent) use non-employee labor for major one-time business initiatives, such as an acquisition or system implementation.

2019 172

32 Million Americans Say They Will Start a Business in 2019. Most Won't.

Small Business Labs

According to a recent Job Creators Network Foundation survey , "Sixteen-percent of Americans say they are likely to start a new business in 2019." "   This works out to about 32 million Americans. Most won't. 

2019 198

Ride Sharing Continues Rapid Grow

Small Business Labs

Pew Research recently did a study on the use of ride sharing services by Americans. Key quote on their findings: "The share of Americans who use ride-hailing services has increased dramatically. Today, 36% of U.S.

2019 184

Does It Pay to Be a Writer? Yes, But Not Well For Most

Small Business Labs

Several recent surveys focused on the pay rates on income of independent and freelance writers. The Authors Guild’s 2018 Author Income Survey collected pay data from over 5,000 published book authors.

2019 178

This Old Marketing Farewell Episode: Sometimes the End Is a Beginning

Small Business Labs

PNR: This Old Marketing with Joe Pulizzi and Robert Rose can be found on both iTunes and Stitcher. . In our grand finale episode, Robert kicks things off by pondering the decision to end something, so that something else can begin.

2017 284

Gig Workers and Economic Anxiety

Small Business Labs

Marketplace and Edison research recently released Americans and the Gig Economy, a survey of gig workers.    The survey covered a lot of ground, including finding about 24% of American 18 and older are gig workers. This works out to a bit more than 60 million. 

2018 191

JWT Intelligence's Top 100 Trends for 2019

Small Business Labs

The 2019 edition of one of our favorite trend reports - JWT Intelligence's annual forecast of 100 trends to watch in the coming year - is out.    Yes, it really covers 100 trends across 10 broad categories.

2019 196

The Rise of the "Elite Expert Segment of the Gig Economy"

Small Business Labs

How To Be A Rock Star In The Elite Expert Segment Of The Gig Economy is an interesting white paper from The Luxury Institute, which claims to be "the world's most trusted luxury and premium goods and services consulting firm." " The Luxury Institute is an expert network firm.

2018 211

Rig Up and the Growth of B2B Niche and Specialty Gig Talent Marketplaces

Small Business Labs

Rig Up , an online talent marketplace that connects oilfield workers who are looking for a job with oil and gas companies, recently announced it had raised $60 million in VC funding. 

2019 165

Insect Farming Company Ynsect Raises $150 Million

Small Business Labs

Ynsect , a Paris-based producer of insect protein used in fish farming and pet food, recently raised $125 million.    The company is using the money to expand in the U.S. and build the world's largest insect farm in Northern France.

2019 153

Funding for Education Technology Startups Continues to Boom

Small Business Labs

Crunchbase's Aceable Scores $47M, As Startups Look To The Future Of Education (And Work) covers the continuing growth of venture capital investment in Edtech.    The article chart below (click to enlarge) shows some (but not all) of the bigger Edtech funding rounds in 2018.

2018 184

Pets Used to be for Kids. Now they are Kids.

Small Business Labs

Petcare Everywhere , from J. Walter Thompson Intelligence, covers how brands are responding to millennials increasingly choosing pets over kids. Key quote: "Traditional life-stage choices are shifting, seeing millennials waiting longer to have children – and choosing pets with increasing fervor.

2019 146

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. An examples is Harvard Business Review's When No One Retires.

Yet More on the Changing Nature of Retirement

Small Business Labs

We've covered the changing nature of retirement so often in our Baby Boomer section we feel like we're feeding a fed horse by covering it again. But it's an important trend and there continues to be a flurry of interesting articles on working in and/or delaying retirement.

Brookings 2019 Trends to Watch

Small Business Labs

The Brookings Institute is a large and influential DC public policy think tank. They recently released a report with their 2019 Trends to Watch.

2019 163

Coworking Goes to the Dogs (it had to happen)

Small Business Labs

Allwork's DOG-FOCUSED COWORKING: A Q&A WITH WORK & WOOF FOUNDER JILLIAN DRETZKA talks about Work & Woof , a combo coworking and doggie day care space in Austin, Texas. Dog friendly coworking is common. But Work & Woof takes it to a whole new level.

2019 157

Use of Contract Labor by Small Businesses Continues to Grow

Small Business Labs

The IRS released their 2016 tax data on sole proprietors.    The data covers business receipts, deductions, and net income reported by taxpayers on Schedule C of tax Form 1040.

2018 200