Outsourcing Curbs Labor Costs Post-Pandemic
According to a new report from Babson College, last year, one-half of entrepreneurs said they chose to become entrepreneurs because they struggled to find employment. This was a 22% increase from 2019. Also, 54% of entrepreneurs and 43% of small business owners reported that along with COVID-19 came new business opportunities for them. The US Census Bureau reports that Americans filed paperwork to start 4.3 million businesses last year. This is a 24 percent increase from one year prior, and it is predicted that this pattern will continue in 2021. Q3 2021 hedge fund letters, conferences and mor...