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Is Self-Employment Falling?
photo credit: JustinLowery.com
A recent study was posted on Small Business Labs pertaining to the fact that Entrepreneurship may be decreasing. However, I would have to disagree with this study given the fact that there have been so many reports recently on new franchises, now being the best time to start a business, many people being laid off and deciding to become entrepreneurs and so on.
While self-employment as a percentage of the U.S. workforce has been relatively stable, we believe over the next decade the percentage of self-employed Americans will increase.
There are several different ways that these studies are conducted, and many variables on what they consider to be self-employment and what they don’t. So where we very well may consider our selves to be self-employed, the person conducting these studies may not, which would make the study inconclusive.
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Steve on July 1st, 2009 1:47 pm
Our post is on self-employment NOT decreasing. We were responding to an article in the NY Times that suggests that self-employment IS decreasing. We don’t agree with that view – although to be fair the data does suggest that self-employment as a % of the workforce has been somewhat stable over the last decade.
BTW, you make an excellent point about small business research and self-employment being defined different ways. This is true and makes it hard to have a definitive answer to questions about self-employment numbers and growth rates.
Steve
RedHotFranchises on July 1st, 2009 10:26 pm
Self-employment is in fact increasing, more are turning to starting their own Businesses after being laid off due to the recession, Franchises continue to do very well. Most have a proven track-record of success and this takes away a lot of risk. Visit http://www.redhotfranchises.com to see many opportunities available from nearly every industry.
Meagan Smith on July 2nd, 2009 1:56 am
In time of recession it’s a great opportunity for small-medium scale businesses to prosper since consumers will most likely divert to alternative means of saving. It may take awhile but as long as you keep your optimism high then one could live in a more stable life.
You could check out http://freedombusinesssystem.com/ to get some ideas on running your own business and become successful.
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