Start a Small Business

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Top 7 Financial Considerations When Starting a Small Business

By MBO Partners

When starting a small business, there are many financial considerations to consider. Maintaining a consistent pipeline of work, marketing your services, and building your brand are big pieces of the puzzle, but to make a sustainable income and operate compliantly, you’ll need to think about your finances as well. Here are seven financial management topics…

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Help Solve the Challenges of Independence through Talent Marketplaces

By MBO Partners

Our State of Independence research defines independent workers as full and part-time workers of all ages, skills, and income levels. This includes consultants, freelancers, contractors, temporary or on-call workers, solopreneurs, gig workers, and others who work independently to build businesses, develop their careers, pursue passions, and/or supplement their incomes. According to independent workers who participated…

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The Support Team Every Independent Professional Needs

By MBO Partners

As an independent professional, you will spend part (or, in some cases, all) of your career as a solopreneur. With a high degree of flexibility, autonomy, and control, being your own boss has a lot of advantages. The choice to go solo does have challenges. Respondents to our 2023 State of Independence survey cited unpredictable…

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10 Books for Digital Nomads

By MBO Partners

If working remotely while traveling the globe sounds like a dream come true, you’re not alone. Millions of Americans report working as digital nomads—people who embrace a location-independent, technology-enabled lifestyle while living and working remotely. Whether you’ve already tested the waters of digital nomadism and fallen in love with it or are simply curious to…

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How to Become a Digital Nomad

By MBO Partners

What is a Digital Nomad? Digital nomads are people who embrace a location-independent, technology-enabled lifestyle. Digital nomads travel to different cities and even different countries to work remotely and explore new surroundings. Some people travel for years while others go for just a few weeks or months at a time. How do You Become a…

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5 Basic Startup Costs for Independent Consultants

By MBO Partners

Startup costs for a new business are an important consideration. One of the biggest hurdles you will cross when going independent is truly making sure you are ready for self-employment. If you want to start your own business and already know the skills and services you want to offer to clients, congratulations—a big part of…

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These Attributes Make a Successful Open Innovation Solver 

By Keaton Swett

The world of open innovation is ready for more solvers to join in. If you have wondered if this is a world where you can be successful, here are some of the attributes that can lead to wins. With input directly from some of the top solvers in open innovation, they break into two categories:…

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10 Legal Requirements for Starting a Small Business

By MBO Partners

Make sure your small business operates legally with all of the required licenses and permits.

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7 Best Practices for Becoming a Successful Consultant

By MBO Partners

Whether you’re a new member of the independent professional workforce or a seasoned veteran, operating a successful solo business can be an ongoing challenge. In the beginning the challenge might be securing clients and generating revenues, while later down the line it might be adjusting your services to meet market changes, and, of course, securing…

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10 Things to Love About Being Self Employed

By MBO Partners

There are endless benefits to working as a self-employed professional: freedom, flexibility, control over your work, the ability to pursue your passion, and the ability work from anywhere in the world, just to name a few. In 2022, 64.6 million people worked as independent professionals in the US, and that number is only expected to rise…

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