Excerpt from: Small Business Virtual Office Tips
|
 |
| April 16, 2007 | | Major findings in new small business report reflect changes in small business ownership and entrepreneurial education | |
As we discussed in the first installment of this series, recent findings in
the Intuit Future of Small Business Report™ identifies three major
trends over the next ten years when it comes to small business ownership: the
changing face of small business, the rise of personal business and the emergence
of entrepreneurial education. According to the report, those trends led to five
major findings:
- Entrepreneurs will no longer come predominantly from the middle of the age
spectrum, but instead from the edges. People nearing retirement and their
children just entering the job market will set the bar as the most
entrepreneurial generation ever.
- American entrepreneurship will reflect a huge upswing in the number of
women. The glass ceiling that has limited women’s growth in traditional
corporate career paths will send a rich talent pool to the small business
sector.
- Immigrant entrepreneurs will drive a new wave of globalization. U.S.
immigration policy and the outcome of the current immigration debates will
affect how this segment performs over the next decade.
- Contract workers, accidental and social entrepreneurs will fuel a
proliferation of personal businesses. Economic, social and technological change
— and an increased interest in flexible work schedules — will produce a more
independent workforce seeking a better work-life balance.
- Entrepreneurship will be a widely adopted curriculum at educational, trade
and vocational institutions. As a result, artists, musicians and others not
traditionally exposed to business education will learn not just their trade but
small-business management skills as well.
In the final part of this series, we’ll take a look at the ways future small
business owners might shift away from traditional employment. | | |
|
|
