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Case closed; freelancing and solopreneurship are here to stay.
Amidst a trying 2023 and 2024 that saw downsizing, diminished budgets, inflation, rising interest rates and global uncertainty, freelancing not only survived but thrived to the tune of 8.27% year-over-year revenue growth for the second consecutive year.
Along with the objective revenue growth for solopreneurs, 90% of solopreneurs expect their conditions to get better, according to a recent report by Collective, the largest finance and tax management platform for solopreneurs.
This has massive ripples across all businesses.
The obvious impact is staffing. How will you staff your teams when full-time employment is shifting to
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