Small Business Labs

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.

2017 192

After a Decade of Strong Growth, Craft Brewing Industry Shows Signs of Slowing

Small Business Labs

of the beer industry's 2016 volume.  beer industry's revenue.  So while the craft beer industry is still growing, the growth is starting to slow. The reason is the beer industry is such a clear example the barbell. 

2017 200

Healthcare Industry Embracing the Gig Economy

Small Business Labs

These include: The Stem : a ‘networked consulting’ model that draws on the industry’s leading independent talent to help health companies increase customer/patient engagement.   The gig economy continues to spread rapidly and is becoming a key talent source for many industries.

2017 176

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.   But the ideas industry is much bigger and much more diverse than presented in this book. 

2017 135

The Staffing Industry Analyst's Human Cloud Framework and Taxonomy

Small Business Labs

Last week the Staffing Industry Analysts (SIA) released The Human Cloud, the Gig Economy & the Transformation of Work. It nicely covers the topics mentioned in the report title.

2017 176

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-four percent feel that Big Data analytics has the power to shift the competitive landscape for their industry in the next year.

2014 100

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. According to the Direct Selling Association (DSA), 20.5

2017 157

Is Craft Brewing a Harbinger of a New Artisan Economy?

Small Business Labs

There have been a number of recent articles pointing out that despite having to compete with several giant beer companies, the craft brewing industry has dramatically expanded over the past decade. Artisan Economy industry structure New Artisans New Localism trends

2018 190

Ryder Creates an Airbnb for Trucks

Small Business Labs

  industry structure Small Business Economy trendsTruck leasing and rental company Ryder announced it's launching an asset-sharing platform for commercial vehicles. This

2018 172

More Industries Moving to the On-Demand Economy

Small Business Labs

This means few, if any, industries won't become part of the on-demand economy.

2017 145

2014 Pet Industry Trends

Small Business Labs

I can think of no better way to start 2014 than with a look at 2014 pet industry trends.  Multibrief's Pet Businesses Will Prosper: Industry trends for 2014 and beyond  provides such an outlook.   The pet industry is mostly made of small businesses.

2014 149

Google and Facebook's Domination of the Advertising Industry

Small Business Labs

This is a paid subscription site ($399 annually) that covers the technology industry. Well worth subscribing to if you have a strong interest in the tech industry.

Google 130

The $11 Billion Workspace-as-a-Service Industry

Small Business Labs

The 1st Annual Local-Mobile Workspace-as-an-Industry conference was recently held in San Jose. The workspace-as-a-service industry includes office business centers, coworking facilities, incubators and other shared office environments and services.

2014 193

Declining Corporate Longevity

Small Business Labs

3) DISRUPTIVE CHANGE ACROSS INDUSTRIES HIGHLIGHTS THE IMPORTANCE OF CONTINUAL BUSINESS MODEL INNOVATION. 4) CLEANTECH AND THE DOWNWARD PRESSURE ON ENERGY PRICES HAS CREATED NEW WINNERS AND LOSERS IN ONE OF THE WORLD’S BIGGEST INDUSTRIES. industry structure trends

2018 167

Staffing Industry Research Firm Says There are 44 Million Gig Workers

Small Business Labs

The Staffing Industry Analysts (SIA)  recently released a study showing that nearly  30% of the U.S. Staffing Industry Analysts describes the latter as “human cloud workers.”

2016 161

Uber, Lfyt and Ridesharing Spreading to Adjacent Industries

Small Business Labs

  But the ridesharing industry is not just stopping there. It's starting to have major impacts on adjacent industries.  Business travelers, the mainstay of the rental car industry, are also switching from rental cars to ridesharing.

2016 135

Study Finds U.S. Has 27 Million Square Feet of Coworking Space

Small Business Labs

Yardi Matrix , a provider of real estate industry data and research, has released an interesting coworking study.  So a city's industry structure may also help explain this relationship.

2018 221

Media a Barbell Industry

Small Business Labs

Paid Content has an interesting article on media becoming a barbell industry.   Barbell industry structures consist of a relatively few giant corporations on one end, a narrow middle consisting of a shrinking number of mid-sized firms, and a large and growing number of small, micro and one person (solopreneur) firms on the other end. We've looked at dozens of industries and all have this structure or are moving to it.   industry structure

2013 100

Is the Staffing Industry Facing a Kodak Moment?

Small Business Labs

These are good times for the temporary staffing industry. As the American Staffing Association chart below shows, the industry has been booming since the steep declines caused by the Great Recession. 

2016 130

Global Coworking Forecast: 30,000 Spaces and 5.1 Million Members by 2022

Small Business Labs

  We are projecting continued rapid growth over the next 5 years, although slower than the industry's recent dizzying pace. The interest and involvement by these firms will help drive demand for the coworking industry.

2022 242

Social Isolation - Not Just Loneliness - a Health Risk Reduced by Coworking

Small Business Labs

  But coworking spaces reduce both social isolation and loneliness, which is a key reason the coworking industry continues to grow rapidly. Social isolation and loneliness are related, but not the same thing. 

2018 217

The State of the VC Industry - Fewer Firms, More Funding

Small Business Labs

TrueBridge Capital Partners recently released a report on the State of the Venture Capital Industry. The large funds are able to do this because they are garnering a larger share of industry assets.

2015 130

3D Printing Industry Forecast to Reach $12.5 Billion in 2018

Small Business Labs

"Big Three" strategy consulting firm Bain and Company is forecasting the 3D printing industry will continue its rapid growth and reach $12.5

2018 130

Coworking, Differentiation and Segmentation

Small Business Labs

As the coworking industry continues to expand, so do efforts on the part of coworking spaces to differentiate themselves and target niche market segments with specialized services.   The coworking industry has long had a variety niche oriented spaces.

2018 179

The Ups and Downs of the 3D Printing Industry

Small Business Labs

The 3D printing industry is at an interesting point, with both good and bad news coming out on a regular basis. But even as it slumps a bit, there's still a lot enthusiasm around the 3D printing industry and no change in the view 3D will eventually fundamentally change how things are made.

2015 130

Meetings a Huge Industry

Small Business Labs

Based on these numbers, the meetings industry contribution to U.S. GDP is greater than the motion picture/recording industry ($113B), performing arts/spectator sports/museums ($87B) and information and data processing services ($80B). According to a report by the "Big 4" accounting firm PriceWaterhouseCoopers (PWC), in 2012there were "1.83

2014 100

Food Truck Nation

Small Business Labs

We've long covered the food truck industry and in 2012 released what is still our favorite study,  Food Trucks Motor into the Mainstream, in partnership with Intuit. The U.S.

2018 153

Amazon's High Tech, Checkout Free Grocery Store Opens Today

Small Business Labs

Fooling the combination of cameras and sensors will not be easy and the technology will likely lead to a reduction in the substantial "shrinkage" issue - a $50 billion industry problem -  faced by retail firms.

2018 216

The Rise of the Skills Training/Job Placement Industry

Small Business Labs

In response to this problem a rapidly growing industry focused on providing skills training and job placement has emerged. Expect to see this industry continue to expand in the coming years. The current employment picture is quite interesting.

2015 135

Deloitte on Industrialized Crowdsourcing

Small Business Labs

Deloitte University's Industrialized Crowdsourcing is one of the best, relatively short descriptions of crowdsourcing I've read.   The key quote is the summary: Enterprise adoption of the power of the crowd allows specialized skills to be dynamically sourced from anyone, anywhere, and only as needed. Companies can use the collective knowledge of the masses to help with tasks from data entry and coding to advanced analytics and product development.

2014 100

Disruption in the Industy Analyst Industry

Small Business Labs

As industry analysts we are very interested in new and innovative business models and practices in our industry.  There are several worth noting: Industry Analyst/Journalism Hybrid : These are firms that are augmenting or replacing their traditional advertising based business models by adding industry analysis and/or research services. It will be interesting to see how this industry evolves.   Business Models industry structure

2014 100

Tech Jobs Moving to the Midwest

Small Business Labs

Key quote from NY Times article: companies in every industry need mobile apps and appealing websites, which can be made smarter with data and constantly updated.   Economic Decentralization industry structure Mobile trendscompanies have long moved work overseas to save money.

2017 175

PWC's 2040 Industry Cluster Forecast

Small Business Labs

Industry clusters are place where there is a concentration of companies and services related to a particular industry.    The best know example is the tech industry cluster in Silicon Valley.  

2010 130

Pet Obsessed Millennials Pamper Their "Fur Babies"

Small Business Labs

This is, of course, good news for the pet industry because millennials have passed baby boomers as our nation's largest demographic cohort.  Last week the online retailer Zulily celebrated their first annual pet week.

2018 171

Dog Walking Company Wag Raises $300 Million

Small Business Labs

Somewhat related, Franchise Direct released their 2017 Pet Franchise Industry Report last December.    It's full of interesting pet industry data including the chart below, which shows how the $70 billion pet industry revenue (2017) breaks down.

2018 167

Industry Structures - Big Get Bigger, Small Get Smaller

Small Business Labs

We've done a lot of work looking at Barbell Industrial Structures. Almost all of the industries we've studied exhibit the Barbell Industrial Structure. Our research has focused on industry revenue, profitability and market share. industry structure

2012 130

Romancing the Gig Economy

Small Business Labs

It's also a good example of digital technology changing an industry. According to research by Chris Larsen, a professor at the University of Colorado, the median income for romance authors has tripled during the e-book era.

2018 179

The Digitialization of Jobs

Small Business Labs

workforce in all industries since 2001. According to Brookings, pretty much all industries have become more digital.  Brookings recently released an interesting study on Digitalization and the American workforce. 

2017 184

Manufacturing Joining the On-Demand, Collaborative Economy

Small Business Labs

  The Quartz article An Uber model for manufacturing is ready to upend the industry  covers the distributed manufacturing company MakeTime.   Business Models industry structure small manufacturingEstimates are that most manufacturing equipment in the U.S.

Inc. on Choosing the Right Industry

Small Business Labs

on Choosing the Right Industry Inc. has an interesting package of articles on the best industries for starting a business.    The industries that made their list are quite eclectic, everything from cupcakes to ferryboats to environmental consulting. 

2010 130