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Business Trends 2010

By: Regina Woodard

Break Studios Contributing Writer

Business trends 2010, what were they? Business as we know it completely changed in the continued growth of the Internet, where instead of just bringing in local customers, a company can now be broadcast to the entire world, where employees don't necessarily need to be in the office or even in the same city and state as the company they work for. Here are just some of the business trends from 2010.

  1. Employee shift - 2010, along with the midst of the world's great recession epidemic, many businesses and companies turned to part time or even freelance workers in order to cover those positions or shifts that had been changed, removed, or those that had been let go due to the economic down turn. This was done in order to keep costs down for the business - freelancers or part timers usually don't need the insurance coverage or they pay for that themselves, as well as not needing to use certain benefits regulated for full time employees.
  2. The rise of small/home business - due to the changes with the employee shift and the emergence of the Internet as a be all, go to place, many professionals turned to starting their own business. This was especially true for those employees who had been let go during the Great Recession. Many started either their own small business, home business, or began to freelance in order to keep finances from slacking.
  3. Technology - as mentioned, the Internet has changed the way businesses conduct business. Social networking, cloud computing, and mobile computing made consumers and businesses able to access more without needing to be sitting in front of a home computer. Instead, documents could be put online form work and then access from the local coffee shop; employees could send messages to co-workers either through Facebook or Twitter or text messaging or emails can be checked from the use of a smartphone.
  4. Online training - employees usually go through some type of training in order to work for the company or business of their choice. One of the business trends in 2010 was the use of online training, which enabled employees to go to training at their convenience, especially if unable to be for a personal training session.

Business trends 2010 changed the way businesses and companies did business, changed how consumers conducted business, and changed how people saw business. With the continued growth, 2011 looks to be another year in which business could change just a click of a mouse and key stroke.

Posted on: Mar. 26, 2011