Small Business Labs

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 211

BCG on the New Freelancers

Small Business Labs

Last week the Big 3 strategy consulting firm BCG released THE NEW FREELANCERS: TAPPING TALENT IN THE GIG ECONOMY , a study on "those who find temporary work through digital labor-sharing platforms."

2019 227

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 200

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. 

2019 147

"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 175

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 197

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 208

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 230

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 229

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 220

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 207

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 157

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 186

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 167

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 225

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 171

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 147

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 179

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 184

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 177

The Gig Economy Fills a Need for Low Friction, Highly Flexible Gig Work

Small Business Labs

One area of the gig economy that is finally starting to get attention is it expands the number of low friction, highly flexible work options.    By "low friction" we mean it's quick and easy to start earning money and it requires little or nothing in terms of an initial investment. With most of the online gig platforms you can sign up and be earning money in just a few days or less.

2019 141

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 202

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 279

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 152

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.

Bleisure Travel Continues to Increase

Small Business Labs

We first reported on bleisure travel , which is the the blending of business and leisure travel, back in 2015.    A According to the folks at the expense reporting and management firm, SAP Concur, it continues to gain popularity. 

2018 176

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 191

Social Network Support Helps Turn Knitting Hobbyists into Hobbypreneurs

Small Business Labs

A recent academic paper -  Knitting Community: Human and Social Capital in the Early Transition into Entrepreneurship - covers research on the process hobby knitters go through to decide to turn their hobby into a business.

2018 168

"Everything, it seems, is a shared office these days"

Small Business Labs

The title of this post is a quote from the NY Times article  Sorry, Power-Lunchers. This Restaurant Is a Co-Working Space Now. The article covers Spacious , a startup that transforms unused space - especially restaurants outside of meal times - into shared workspaces.

2018 205

What Highly Skilled Independent Workers Want

Small Business Labs

The global accounting and professional services firm EY has developed GigNow , an external online talent platform. 

2018 185

Study Finds Middle Aged Professionals Moving to the Countryside

Small Business Labs

A study out of the University of Minnesota found that in Minnesota while the younger adults were leaving small, rural towns, people in their thirties, forties and fifties were returning.    The chart below shows the key findings from the study.

2018 192

More on Agility from Gallup and Catalant

Small Business Labs

After posting on corporations looking to increase their agility on Tuesday, we found two new reports on business agility in our mailbox on Wednesday. Gallup pointed us to their report The Real Future of Work: The Agility Issue.

2018 169

Liveops Distributed, Work at Home, Independent Call Center Workforce

Small Business Labs

Liveops provides cloud-based call center services that utilize an on-demand workforce of agents who live in the U.S. The agents are independent workers who contract with Liveops and work remotely, mostly from home.

2018 162

GM's Restructuring Illustrates Multiple Trends

Small Business Labs

GM recently announced a restructuring plan that includes laying off about 14,000 employees and halting production at five of its North American auto plants. The announcement got a lot of attention, most of it rightly focused on the impact on workers and what it might mean for the broader economy. 

2018 155

The Number of Nonemployer Businesses Continued to Grow in 2016

Small Business Labs

The U.S. Census recently released the 2016 nonemployer business statistics. Key quote from their press release : nonemployer establishments increased 2.0 percent from 24,331,403 in 2015 to 24,813,048 in 2016. Receipts increased 1.5 percent from $1.15 trillion in 2015 to $1.17 trillion in 2016.

2016 197

Online Platforms Enabling the Rise of Global Micro Outsourcing Firms

Small Business Labs

Oxford's Internet Institute's research paper The Global Platform Economy: A New Offshoring Institution Enabling Emerging- Economy Micro-Providers covers how online platforms are creating an alternative to traditional outsourcing.

2018 157

Can Traditional Employment Match the Flexibility of Independent Work?

Small Business Labs

We've long found in our research that having work flexibility, autonomy and control are key reasons people become and like being independent workers (freelancers, contractors, self-employed, etc.). 

2018 169

Independent Workers Feeling More Secure

Small Business Labs

One of findings that most surprised us when we first started researching independent workers was how many think independent work is more secure than traditional jobs. 

2018 188

Is the Gig Economy a "Big Nothingburger"?

Small Business Labs

The Mother Jones article The Gig Economy is a Big Nothingburger is an excellent example of the response to a new paper - Understanding Trends in Alternative Work Arrangements in the United States - from the economists Lawrence Katz and Alan Krueger. In their paper Katz and Krueger say the estimates of the size and growth of the gig economy in their 2015 study were too high. This was due to data challenges and business cycle effects. 

2019 130

Why We Aren't Doing a Coworking Forecast This Year

Small Business Labs

This is the time of year we normally release our annual coworking forecast. And this year would have been our 10 th annual forecast ( click here for our 2018 forecast ).    But after a great deal of deliberation, we've decided not to do one this year. 

2018 147

Duluth's Booming Artisan Economy

Small Business Labs

Duluth's Lincoln Park neighborhood was until recently a rundown section of this lake front city in Minnesota, with many empty storefronts and buildings. But now Lincoln Park is the center of a new artisan business boom.

2018 211

Happy Holidays!

Small Business Labs

We'll see you in 2019