Economy

3.9 Million Americans – including Freelancers – Now Work from Home at Least Half the Week – Small Business Trends

The number of people who want to work remotely and the companies making this possible are both growing. Remote workers may include both employees of  small businesses and freelancers who operate as small businesses themselves. The State of the Remote Job Marketplace report from FlexJobs says there are now 3.9 million Americans or 2.9% of

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Projected Home Market Good News for Small Contractors – If Available Lots can be Found – Small Business Trends

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) is projecting increased activity in construction of homes in March. This is great news for small contractors, electricians, plumbers and other businesses likely to be hired to build  these homes. But the projection is being met with concern as contractors worry there won’t be

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Reaction from Small Business Community Mixed on Omnibus Spending Bill – Small Business Trends

Late last week, President Donald Trump signed into law the 2018 omnibus spending bill. It’s being called a long-term spending plan for the federal government. And because Trump signed it into law despite threatening to veto it, another federal government shutdown was averted. Earlier this year, a short government shutdown occurred when lawmakers on Capitol

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Top 10 Freelance Gigs Available in the US Right Now – Small Business Trends

FlexJobs has reported the top freelance career fields and the top 30 companies hiring this workforce so far in 2018. While freelancers aren’t eligible for benefits, they have more flexibility and freedom than traditional employees. This may explain why a FlexJobs survey showed freelancers working remotely or from home are generally happier than more traditional

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Small Business Jobs Growth Continues to Struggle, Paychex Report Says – Small Business Trends

After a promising start to 2018, there’s been drops in both new small business jobs and wage growth in February, according to a recent report by business services supplier Paychex and businesses analytics provider IHS Markit. February 2018 Small Business Employment Statistics The Paychex | IHS Markit Small Business Employment Watch for February reveals the job

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Only 9% of Small Business Owners Expect to Cut Staff Due to Automation – Small Business Trends

The new National Small Business Association (NSBA) and ZipRecruiter Report reveals only nine percent of small business owners expect to cut staff due to automation. More significantly, 24 percent said they would need more employees, while the majority, or 67 percent, said they would need the same number of workers. Impact of Automation on Small

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48% of Business Owners Who Want to Sell Have No Exit Strategy – Small Business Trends

Having an exit strategy when you start a business makes it that much easier to execute rational and informed decisions when you want to get out. But the UBS (NYSE: UBS) Q1 Investor Watch Report, “Who’s the boss?” reveals 48 percent of business owners don’t have a formal exit strategy. This is the 22-second edition

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41% of Entrepreneurs Will Leave Their Small Business Behind in 5 Years – Small Business Trends

A staggering 41 percent of entrepreneurs will leave their small business behind in five years. This was the finding of a report by the global financial services firm UBS (NYSE: UBS), looking at business ownership and entrepreneurialism in modern America. Business Ownership Statistics The UBS Investor Watch ‘Who’s the Boss?’ report found that nearly 60

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