Economy

Small Business Leaders Praise Potential Mexico Trade Deal

Economy /

In a phone conversation with Mexico’s President Enrique Peña Nieto, U.S. President Donald Trump announced an agreement to revise the North American Free Trade Agreement (NAFTA). A Revised NAFTA Agreement The Small Business & Entrepreneurship Council (SBE Council) was quick to point out the positives about this agreement as well as the remaining challenges, including […]

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Trucking Industry Experiencing Late-Summer Boom Including Dmm

Economy /

The American Trucking Association just announced its advanced seasonally adjusted For-Hire Truck Tonnage Index rose 1.9% in July. And a portion of this includes work going to the nation’s small independent truck operators. July 2018 Trucking Industry Statistics According to the association, the index showed a noticeable increase compared to the 0.5% decline in June

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49% Say Independent Contracting is Safer Than Full-Time Work, Survey Shows

Economy /

According to a recent MBO State of Independence in America study, an increasing number of independent contractors feel contract work is more secure than more traditional jobs. Small Business Trends spoke with Steve King, partner at Emergent Research, which helped conduct the study,  about the implications of the research about small businesses, freelancers, sole proprietors

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2018 Small Business Statistics: A Majority of Small Business Owners Expect Growth

Economy, Sponsored /

Optimism is high among small business owners, with revenue and staff growth on the mind of many in the U.S. This was one of the findings of TD Bank’s annual Small Business Survey, which found 53% of small businesses planned to grow in 2018, up from 46% in 2017. The number of small business owners

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58% of Small Business Owners Say Business is Good, Up 39% from Last Year, Survey Says

Economy /

The confidence among small business owners is at record highs, and the results from the quarterly CNBC/SurveyMonkey Small Business Survey has revealed as much. Q3 2018 CNBC SurveyMonkey Small Business Confidence Index More than half or 58% of small business owners in the survey said their overall business conditions are good, which is up by

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Wow! African American Small Business Ownership Up 400% in a Year, Survey Reveals

Economy /

The number of African American small business owners in the United States has increased by a staggering 400% in just a year. This was the finding of a survey from the small business financing company, Guidant Financial. The State of a Small Business survey interviewed more than 2,600 small business owners and entrepreneurs, both male and female.

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Senate Passes National Defense Spending Plan with Key Provisions for Small Businesses

Economy /

The 2019 defense budget was just approved for $716 billion, and some key provisions were added to support small businesses as they work with the Department of Defense. Small Business Benefits in the 2019 Defense Budget There are several provisions, with the first two helping small businesses get paid faster and accelerate the funding for Small

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These Are the Fastest Growing Freelance Skills Right Now, According to Upwork

Economy /

The freelancer market is maturing and businesses no longer have any misgivings about hiring someone from this workforce. The Q2 2018 Skills Index from Upwork has revealed the skill sets for freelancers are now more diversified and they are highly proficient. Upwork Skills Index Q2 2018 Report UpWork Blog managing editor Amy Sept writes, “The

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54% Working in the Gig Economy Say Freelancers Are Not Being Paid Fast Enough

Economy /

Gig economy workers and freelancers make up an increasingly larger percentage of today’s workforce. But when it comes to getting paid, a new survey from Bill.com says 54% of them feel it takes too long. Freelancers Are Not Being Paid Fast Enough The freelance workforce is a connected demographic using digital technology to work, play, shop

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