Study: US Self-Employed Professionals and Small Business Owners Embrace Career Independence

Today, new research released by FreshBooks takes a comprehensive look at individuals earning their primary income from self-employment. Compared to recent studies on the gig economy (McKinsey Global Institute, Freelancers Union) this is the first and largest study to examine the mindsets, motivations and challenges of the self-employed economy in North America.

With responses from over 1,700 participants, FreshBooks takes a deep dive into key considerations for self-employed professionals, such as sales and prospecting, outsourcing, financial management, safety net, politics, family balance.

The study reveals the rewards of self-employment far outweigh the challenges. In fact, more than 7 in 10 participants in our study said they are satisfied with their decision to work for themselves and have no intentions to seek a traditional job.

The key takeaway: The self-employed economy is here to stay and the challenges facing career independence are worthwhile. Click here to read the study.

about the author

FreshBooks is the #1 accounting software in the cloud designed to make billing painless for small businesses and their teams. Today, over 10 million small businesses use FreshBooks to effortlessly send professional looking invoices, organize expenses and track their billable time.