Starting My 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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Mastering the Art of The Side Hustle: Thriving in Full-Time Employment and Entrepreneurship Simultaneously

By Zanaba Hudson

In today’s fast-paced world, many ambitious individuals, myself included, are continuously seeking innovative ways to pursue our passions and financial goals. For those of us who are inherently creative, the idea of balancing a full-time job while simultaneously running a successful business is an enticing challenge. While it might initially appear as a daunting endeavor,…

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Thinking of Becoming a Digital Nomad? Here’s What You Need to Know

By MBO Partners

Digital nomads have a passion for travel, desire for adventure, and interest in new cultures. Becoming a digital nomad has increased a dramatic 131% from 2019 to 2023. Our latest research found that more than 17 million American workers currently describe themselves as digital nomads. A nomadic lifestyle can be both exciting and challenging. If…

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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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Why and How to Build a Business Case to Become a Digital Nomad

By MBO Partners

Have you ever dreamed of working from an exotic location in another country? Perhaps a sunny beach in Bali, the colorful streets of Portugal, or the skyscraping-city of Dubai. For many, this dream is a reality. From 2019 to 2022, the American workforce has seen a 131% increase in digital nomad growth. Digital Nomad Defined…

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10 Ways to Get New Consulting Clients Fast

By MBO Partners

Landing your first client is one of the most intimidating aspects of going independent and starting your own business. However, even after you are working on your first contract, you need to continue to attract new clients and win new business.  This task can seem overwhelming and sometimes you may not know where to start. …

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5 Questions to Ask Before Becoming Self Employed

By MBO Partners

If you’re considering self-employment, there has never been a better time to make the leap to independence. Today, many individuals are pursuing an independent careers and companies are increasingly engaging independent talent. That’s not too surprising as self-employment offers many advantages such as the ability to pursue your passion, control your own schedule, and be…

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