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New Study Foresees Radically Different Profiles of Small Business in 2017

Filed in archive Entrepreneur by Steve Rucinski on January 24, 2007

New Study Foresees Radically Different Profiles of Small Business in 2017
The face of small business will dramatically change over the next decade, according to the Intuit Future of Small Business Report, a unique study released today that looks forward 10 years and examines the prospects, influences and profiles of small business.

· 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 entrepreneurslinks 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.

Learn more and get the full report New Study Foresees Radically Different Profiles of Small Business in 2017


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