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Tuesday, August 04, 2009

The Self-Employed, the Recession and Vacations

It’s understandable that this tough economy makes it tougher for some people to take a vacation. Indeed, as noted in an August 4 Wall Street Journal story, it’s particularly hard on the self-employed.

In a piece titled “For the Self-Employed, It’s an Endless Workweek,” Sarah Needleman makes three key points:

• In this recession, competition for freelance work has intensified, and made it even harder for many solo entrepreneurs to get away on vacation.

• While on vacation, many self employed stay in contact through mobile devices in case of a business emergency.

• One piece of advice is to build a network with peers, so you have someone who can temporarily fill in for you.

The entire piece is worth reading.

Raymond J. Keating
Chief Economist
Small Business & Entrepreneurship Council

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