Small Business Labs

Report: Tech in 2020: Standing On The Shoulders Of Giants

Small Business Labs

  Similar in style to Mary Meeker's well known annual Internet Trends Report , Evans' report covers similar ground and is full of charts and data.    And like Meeker's report, it's long at 128 pages.

2020 152

Uber's Safety Report

Small Business Labs

safety report that provides details on the number of sexual assaults, murders and fatal crashes that occurred through its platform in 2017 and 2018. The New York Times article headline on the report - Uber Says 3,045 Sexual Assaults Were Reported in U.S.

2019 130

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Intuit Future of Small Business Report

Small Business Labs

These trends - and others that will be explored in future reports - are resulting in growing numbers of successful small businesses. The report chart below highlights the forecast that the number of U.S. Disclosure: Emergent Research partnered with Intuit on this report

2016 228

CIPD Reports 1 in 7 UK Self-Employed

Small Business Labs

UK self-employment continues to rise , a new report in their megatrends series. So we won't bother covering the report in any detail, except to point out 3 of its charts. Regular readers knowwe've been reporting on data like this for over a decade. We've

2018 209

SCORE's Small Business Jobs Report and the Gig Economy

Small Business Labs

SCORE , a nonprofit association that provides mentoring services to small businesses, released their fall Small Business Jobs report recently.  of businesses surveyed reported replacing employees (of any type) with contractors over the past six months.

2017 214

MBO Partners’ 8th Annual State of Independence Report

Small Business Labs

MBO Partners released their 2018 State of Independence report this week. This is the 8th annual report in this series, making it the longest running look at independent work. This is especially true for what the report calls Reluctant Independents.

2018 176

Wasp Barcode's Excellent Small Business Accounting Report

Small Business Labs

Kudos to Wasp Barcode Technologies for their excellent Small Business Accounting report. According to their blog post on the report , the key findings include: 52% of respondents report that they pay too much on taxes are they are not sure.

2015 231

HOK's Coworking Report: A Corporate Real Estate Perspective

Small Business Labs

The global design and architecture firm HOK recently released a new report looking at the coworking industry from the corporate real estate perspective.  " The report covers a lot of ground and we found all the chapters interesting. The report is well worth reading.

2016 204

Mary Meeker's Annual Internet Trends Report

Small Business Labs

Venture Capital firm Kleiner-Perkins released the 2016 edition of Mary Meeker's annual Internet Trends report last week (Meeker is a partner at KPCB).    Meeker's annual report is hugely popular, well worth reading and full of interesting data.

2016 141

The Dramatic Growth of the Internet's Share of Ad Spending

Small Business Labs

  See the report for more fun ad-related facts and data.  OK, it's well known that Internet advertising has been growing rapidly.    But even knowing that, the chart below (click to enlarge) is still stunning.  

2020 142

Mary Meeker's 2014 Internet Trends Report

Small Business Labs

Her annual Internet Trends Report is a mere 164 pages of data intensive charts and graphs covering pretty much everything worth knowing about the Internet. The report is so big I won't try to summarize it here.

2014 180

America's Affordability Crisis Driving Growth of Gig Work

Small Business Labs

  Coincidently, last week the McKinsey Global Institute released The New Social Contract in the 21st Century , This report covers much of the same ground as The Atlantic article, but they report their findings more clinically.

2020 174

2014 MBO Partners State of Independence Report Released

Small Business Labs

Key findings from this year's study include: The majority (82%) of independent workers report being highly satisfied (63%) or satisfied (19%) and plan on remaining independent in the future (76%). The full 2014 MBO Partners State of Independence report is available here.

2014 196

53 Million Americans are part of the Low Wage Workforce

Small Business Labs

Brookings' Meet the Low Wage Workforce reports that 53 million Americans, or about 44% of all workers aged 18-64, have low-wage jobs.   The report map below (click to enlarge) shows the distribution of low-wage jobs across the 373 metro areas.

2019 242

The 2015 MBO Partners State of Independence Report - 30.2 Million U.S. Independent Workers

Small Business Labs

The 2015 MBO Partners State of Independence Report was released today. million Full-Time Independents reported that they earned more than $100,000, up 45% from 2 million in 2011. 79% of independent workers reported they are happier due to being independent.

2015 191

CNN's Positive Report on Freelancing

Small Business Labs

CNN did a very positive report on freelancing recently. See the MBO Partners State of Independent report - which is mentioned in the CNN piece and we helped produce - for more details. The 2013 MBO Partners State of Independence report will be released early this fall.

2013 140

The Intuit 2020 Report - 20 Trends for the Next Decade

Small Business Labs

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses?

2020 177

Solid Jobs Report

Small Business Labs

  But overall a solid jobs report that shows the economy is on a solid, if modest, growth path The January Employment Situation Summary from the BLS was quite positive.  Total non-farm employment increased 234,000 and the unemployment rate fell to 8.3%.   More importantly, private employment increased by 257,000, more than off-setting a small decline in government employment.  This continues a trend towards stronger private sector hiring.

2012 133

JWT Intelligence's 100 Trends for 2020

Small Business Labs

Each of the past 6 years the trends group at the global advertising giant Wunderman Thompson has released an annual trends report covering 100 trends to follow in the coming year. And the JWt Intelligence Future 100 Report: 2020 takes 226 pages to cover them. 

2020 152

California's New Gig Law, AB5, Ignores the Growing Role of Remote Work

Small Business Labs

Patch Media has placed an ad looking for reporters to cover stories about California, so long as the reporters don't actually live in California.

2019 200

Freelancers and Financial Well-Being

Small Business Labs

It shows that, on average, independent workers and those with traditional jobs report similar levels of financial well-being.

2019 233

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

Small Business Labs

Most, according to the report, do this out of financial necessity. 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 274

What Freelancers Want From Their Clients

Small Business Labs

  The reason is the majority of skilled independent professionals (defined as freelancers/independent workers who provide services to businesses) report they have choices in terms of who they work with. 

2019 266

Encouraging U.S. Commerce Report on "Digital Matching Firms"

Small Business Labs

Commerce's department report  Digital Matching Firms: A New Definition in the “Sharing Economy” Space  is, in our opinion, a pretty balanced view of sharing/digital matching firms and their growing economic role. The report attempts to accomplish two goals.  I was encouraged by this report and the way it presented both benefits and problems. The U.S.

2016 116

The Positive Mental Health Effects of Self-Employment

Small Business Labs

The study - The Effects of Self and Temporary Employment on Mental Health: The Role of the Gig Economy in the UK - found that gig workers are about 33 percent more likely to self-report positive traits in terms of mental health than those in traditional jobs.

2019 209

More Small Businesses Turning to Online Lenders for Financing

Small Business Labs

According to the report, they were right. We'll have more on this report in the near future. The Federal Reserve recently released its 2019 Small Business Credit Survey.    A key finding is the use of online lending sources by small businesses is rapidly expanding. 

More Freelancers Feeling Secure

Small Business Labs

As the study chart below shows (click to enlarge), in 2019 a bit over half (53%) of full-time independent workers reported they feel more secure as independents than they would if they had a traditional job. MBO Partners released their 2019 State of Independence study this week.

2019 236

Working Remotely the Norm for independent Workers

Small Business Labs

According to data from the 2019 MBO Partners State of Independence study , 83% of full-time independent workers report working remotely at least some of the time, and 31% report working remotely full-time.

2019 196

Non-Profit Sector Big and Growing Faster Than Overall Employment

Small Business Labs

The Johns Hopkins Non-Profit Economic Data Project recently released its 2019 Non-Profit Employment Report.    There are two key findings.    The first is the U.S non-profit sector is big, employing 12.3 million paid workers.  

2020 141

The Economic Impact of Craft Brewing

Small Business Labs

The Brewers Association recently released their small and craft brewing economic impact report for 2018.  We even featured the industry in a 2008 research report,  The New Artisan Economy,  which we did with Intuit.

2019 182

What Control Means to the Self-Employed

Small Business Labs

  As a follow-up, the chart below (click to enlarge) is from the Freshbooks 2019 Self-Employment in America Report. Our article yesterday covered a study showing how work autonomy and control resulted in mental health benefits for the self-employed. 

2019 203

What WeWork's Troubles Mean for the Coworking industry

Small Business Labs

  And this weekend various media outlets are reporting WeWork's board is considering replacing their flamboyant CEO, Adam Neumann.  WeWork's troubles seem to be going from bad to worse.

2019 196

BCG on the New Freelancers

Small Business Labs

The report also identifies 4 tribes of new freelancers. 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 252

The Reports of the 1099 Economy's Death Have Been Greatly Exaggerated

Small Business Labs

If you followed most of last week's news about a ruling by  by the California Labor Commission that a Uber driver was an employee and not a contract worker, you'd think the 1099 economy will soon be dead.    But, of course, it's not. My first thought was to write a long article listing the reasons. But I decided it would be easier to reference the articles already out there that present a balanced view of this decision.

2015 151

Each Year a Lot of Americans Start and Stop Being Freelancers

Small Business Labs

This was especially true for the group we call "reluctant independents", which are independent workers who report preferring a traditional job. 

2019 182

Upwork Study: Freelancing Providing Opportunities to Those Unable to Work in Traditional Jobs

Small Business Labs

  One of the most interesting study findings is that almost half of all freelancers report they are freelancing because their personal circumstances don't allow them to hold down a traditional job. Upwork released their 2019 Freelancing in America study.

2019 177

Connecting Artisan Makers With Retailers and Customers a Rapidly Growing Industry

Small Business Labs

Faire reports having "15,000 stores actively buying on the platform?—?more   The trends we reported on in 2008 as driving the growth of the new artisan economy still hold true today: 1.

2018 244

Academic Studies Show Gig Economy Larger Than Government Data Suggests

Small Business Labs

The Federal Reserve itself, in their 2017 Report on the Economic Well-Being of U.S. Households,  reported that 31% of Americans do some form of gig work and that gig work income was important to many.

2019 242

7.3 million Americans Describe Themselves as Digital Nomads

Small Business Labs

million) of the digital nomads report having a traditional job. Most digital nomads report being highly satisfied (79 percent) or satisfied (9 percent) with their work and lifestyle. Most also report either being very satisfied (35 percent) or satisfied (44 percent) with their income.

2019 174

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

Small Business Labs

But it also explains why the self-employed - and especially those that work in coworking spaces - report higher levels of wellness and work satisfaction than traditional employees do.

2018 257

Podcasting Entering the Mainstream

Small Business Labs

And as the report chart below shows (click to enlarge), 32% of all Americans aged 12 and older listened to a podcast in the last month. In case you hadn't heard, podcasting is booming. 

2019 221

Freelancers Increasing Their Use of Online Marketplaces to Find Work

Small Business Labs

As the study chart below shows (click to enlarge), in 2012 only 3 percent of full-time independent workers reported having used an online marketplace to find work in the prior 12 months. Relatively few (8%) report using online talent marketplaces as their primary source of work. 

2019 177

A Look at Non-Employer Businesses from the SBA

Small Business Labs

  See the MBO Partners State of Independence report for much more detail on why there are more non-employer businesses.  The U.S.

2018 247