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MBO Partners
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CASE STUDY Vertical: Professional Services | Type: Direct Sourcing The modern workforce of many enterprises is composed of a mix of full-time, temporary, and contingent labor. In particular, independent contractors offer organizations highly-skilled expertise and the flexibility to grow and shrink their workforce as project needs arise. Most companies that engage independent contractors understand the…
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There is a lot of planning and preparation required to start your own business. One of the most important steps of this process is creating a business plan. Below, we review eight steps to help you create a simple business plan as you begin your small business. 1. Outline Your Offerings Focus your initial business…
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Worker misclassification will always be an inherent risk when engaging independent contractors. Businesses today must decide how to handle differing worker classification laws from federal, state, and local government agencies. Because laws and regulations that dictate worker classification and use of independent contractors are ambiguous and frequently change, legal compliance is challenging. That said, companies…
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It’s difficult to know how many digital nomads there are worldwide, but in the U.S., this cohort surged almost 50% between 2019 and 2020, to reach 10.9 million people, according to a report from business-professional talent marketplace MBO Partners.
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The coronavirus is causing many paradigm shifts, not the least of which is the evolving trend toward remote working. Combined with the advent of technology, especially 5G, the digital transformation of business is spawning a generation of what some call “digital nomads,” or business people preferring remote working situations.
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Emergent Research and MBO Partners found in a recent study that the number of Americans self-identifying as digital nomads rose from 7.3 million in 2019 to 10.9 million in 2020 — an increase of 49%. That’s a huge number, when you consider that (as of 2018) the United States employed 64.2 million white-collar workers, a number that includes…
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Five website strategy tips to gain real results from your personal site.
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Covid-19 has changed the way digital nomads do their jobs far from home, and who decides to live their lives on the road.
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Being a successful independent contractor or a Client of Choice isn’t just about doing the best work or having the best perks. It also means staying one step ahead of the curve. That’s why each week we bring you The Weekly Independent, a quick-hit digest of news of note from around the web. Digital nomads…
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Filing taxes as an independent contractor can be a tricky road to navigate. When you work as an employee, your employer is required to withhold federal income tax as well as Social Security and Medicare taxes from your payroll check, but as an independent you’re on the hook to do this yourself. When you work…