The Future of Small Business

The Future of Small Business - http://www.intuit.com Avatar Posted by suzyQ under News
From http://www.intuit.com 5906 days ago
Made Hot by: digitalsmash on February 15, 2008 7:17 pm
Artisans, historically defined as skilled craftsmen who fashioned goods by hand, will re-emerge as an influential force in the coming decade. These next-gen artisans will craft their goods and shape the economy — through upswings and downturns — with an effect reaching far beyond their neighborhoods, or even their nations.

That's one of the conclusions in the third installment of the Intuit Future of Small Business Reportâ„¢, which looks ahead 10 years and examines the prospects, influences and profiles of small business.

Three Trends Influence New Entrepreneurial Economy
The study identified three emerging trends that reveal small businesses, equipped with advanced technology and unprecedented social networks, will amplify their reach and capabilities.

* Brain Meets Brawn to Create Opportunities for Small Business - The emergence of barbell-like economic structures will drive new business collaborations, creating greater opportunity and profitability for small business.

* Barriers Down, Small Business Opportunities Up - Access to big business infrastructure will expand, making their sophisticated technologies available to small and personal businesses, at lower risk, with a variable cost structure.

* The Next Wave of Globalization Will be Driven by Small Business - Muted trade barriers, improved technology, and professional and social networks across borders will facilitate small business access to new markets.





Comments


Written by morecowbell
5907 days ago

I'm feeling more Renaissancy already.



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Share your small business tips with the community!
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Share your small business tips with the community!