Small Business Labs

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 177

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 226

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 197

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 184

Samaschool's "The Future of Work is Independent" Report Series

Small Business Labs

  The first report, A Primer on Independent Work , provides an excellent overview of the gig economy and independent work, including a comprehensive review of recent gig economy studies.

2018 170

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 213

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 176

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

Small Business Labs

Flexible Workspace Outlook Report. The growth of flexible workspaces is nicely shown in the report chart below. Overall the report is quite good and well worth reading for anyone interested in coworking/flexible workspaces or the commercial real estate sector.

2019 201

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 230

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 177

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 151

The 2013 State of Independence Report Released

Small Business Labs

The 2013 MBO Partners State of Independence Report was released today.    - Satisfaction with independent work continued to be high, with 64% of the respondents reporting they are highly satisfied.

2013 151

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 210

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 167

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 209

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 232

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

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 118

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

Small Business Labs

  They report this is a 42% decline in authors earnings over the past decade. As the study chart below shows (click to enlarge) nearly one-third of writers report they earn under $20 an hour for their work. 

2019 169

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 227

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 149

Ride Sharing Continues Rapid Grow

Small Business Labs

adult population today uses ride-hailing apps on a weekly basis – a share that is largely unchanged from 2015, when 3% of Americans reported being weekly riders." Pew Research recently did a study on the use of ride sharing services by Americans.

2019 173

Gig Workers and Economic Anxiety

Small Business Labs

The report describes their anxiety index as: a tool designed by Edison Research and Marketplace to measure the amount of stress a person feels about their individual financial situation. Marketplace and Edison research recently released Americans and the Gig Economy, a survey of gig workers. 

2018 181

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 112

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.    Always fun to read, the report is well worth wading through for anyone interested in trends.

2019 186

Brookings 2019 Trends to Watch

Small Business Labs

They recently released a report with their 2019 Trends to Watch. The report is targeted at government policy makers and lists the issues Brookings experts "expect will shape the world this year and the solutions to address them." See the report for the other trends. 

2019 154

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 171

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

Small Business Labs

In fact, 20% of the online work and talent platform users we surveyed reported they turned to online gig work due to a financial hardship. Recently Those seeking new skills : One of the more interesting findings of our gig economy studies is about 16% of online gig workers report doing this work to learn a new skill or expand their existing skills.

2019 143

Use of Contract Labor by Small Businesses Continues to Grow

Small Business Labs

  The data covers business receipts, deductions, and net income reported by taxpayers on Schedule C of tax Form 1040. This includes the vast majority of small businesses, including small businesses that report on a pass-through basis (LLC's, etc.). 

2018 193

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 178

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 136

Social Network Support Helps Turn Knitting Hobbyists into Hobbypreneurs

Small Business Labs

We worked with Intuit on this report and while the research is 9 years old, we think the findings are still relevant.  

2018 170

The Number of Nonemployer Businesses Continued to Grow in 2016

Small Business Labs

  But one of the fastest growing segments of nonemployers are those reporting $100k or more in gross receipts. The U.S. Census recently released the 2016 nonemployer business statistics. Key quote from their press release : nonemployer establishments increased 2.0

2016 199

Coworking's Unstoppable Market Growth

Small Business Labs

Flexible Office Report covers the continued growth of coworking and other forms of flexible offices. Liquidspace's Q4, 2017 U.S.

2018 204

Online Platforms Enabling the Rise of Global Micro Outsourcing Firms

Small Business Labs

The Oxford paper, for example, reports that a graphic designer in the Philippines earns an average of $8.47 independent workers report having clients outside of the U.S.

2018 159

Most Millennials Think Starting a Business is Risky

Small Business Labs

According to a report from the global financial giant UBS , 72% of Millennials say starting a business appeals to them. The chart below, which is from the same UBS report, shows most Millennials see starting a business as riskier than older cohorts do.

2018 207

The Importance of the Social Side of Coworking

Small Business Labs

Some of the key survey findings from our coworking space member research show that: 87% of respondents report that they meet other members for social reasons, with 54% saying they socialize with other members after work and/or on weekends.

2018 208

Study: Corporations Rely on Their Non-Employee Workforce

Small Business Labs

The report chart above (click to enlarge) illustrates this and shows that the companies surveyed are spending about the same amount on external service providers and external independent workers.

2018 190

Independent Workers Feeling More Secure

Small Business Labs

Reluctants, on average, report feeling independent work is much less secure than traditional employment.   We contribute to the MBO Partners State of Independence report series.

2018 188

Cigna's Loneliness Index and Coworking

Small Business Labs

is at "epidemic levels" The key findings include: Nearly half  of Americans report sometimes or always feeling alone (46 percent) or left out (47 percent).   We'll be reporting on some new research in these areas in the coming months.

2018 187

Gallup Says 36% Of U.S. Workers are in the Gig Economy

Small Business Labs

Key quote from their report: "Gallup estimates that 29% of all workers in the U.S. Gallup's report theme is "a tale of two gig economies"  By this they mean the gig economy is comprised of two broad types of gig workers. "independent

2018 168

Digital Nomads Enter the Mainstream

Small Business Labs

  We will continue to track and report on this topic.    See the report for more details. MBO Partners last week released Digital Nomadism: A Rising Trend , a research brief on digital nomads. We worked with MBO Partners on this study.

2018 173

Upwork Going Public; Shows Maturation of Online Talent Marketplace Industry

Small Business Labs

  The company reported sales of $164.4 Data from the MBO Partners State of Independence study series (shown below) on the growth of independent workers reporting using online talent marketplaces nicely illustrates this. 

2018 168