Small businesses and one person shops are growing

| January 29th, 2007 |

The Institute for the Future put out a research piece on small business, entrepreneurialism and one person companies. The report sets out to show trends in small business and shows a large increase in small businesses and predicts the trend to continue.

Small businesses are an important and growing driver of U.S. economic growth and dynamism. They employ over half of America’s private sector workers, produce over half of America’s non-farm private GDP, and create roughly 75% of new private sector jobs. The next decade will see the growth of small business continue, and the social and economic impacts of small business increase.

The full Intuit Future of Small Business Report is available here in PDF format.

What contributes to this trend? The maturity of the Internet, easy access to information, and software as a service can be viewed as a contributing factors. An idea can blossom into a small business very quickly in today’s economy. Small Businesses can be up and running and reaching out online with significantly less costs than a decade ago.

Intervals is a tool built to service this group of people…including us. It is deliberately built out of our experience as a small business with a flat hierarchy that juggles tons of details and priorities. Intervals is definitely not unique in this respect and we are excited to see small companies developing solutions for other small companies.

-Michael

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A collection of useful tips, tales and opinions based on decades of collective experience designing and developing web sites and web-based applications.

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Intervals is online time, task and project management software built by and for web designers, developers and creatives.
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John Reeve

John is a co-founder, web designer and developer at Pelago. His blog posts are inspired by everyday encounters with designers, developers, creatives and small businesses in general. John is an avid reader and road cyclist.
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Michael Payne

Michael is a co-founder and product architect at Pelago. His contributions stem from experiences managing the development process behind web sites and web-based applications such as Intervals. Michael drives a 1990 Volkswagen Carat with a rebuilt 2.4 liter engine from GoWesty.
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