Insights by Modus

Read the latest insights about coworking and growing your business by Modus

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Why do women-owned businesses still struggle to get funding?

According to the American Express 2019 State of Women-Owned Businesses Report, businesses owned by women have grown by 21% since 2014, while all businesses increased by only 9%. However, a study by Crunchbase found that only 2.3% of venture capital funding went to women-led startups in 2020. This number fell from 2.8% of funding in 2019. In terms of dollars, their study showed that female-founded companies received $4.9 billion in funding in 2020, which is a 27% decrease from 2019.

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Minority business enterprises (MBEs) 101: What qualifies as one, how to get certified, and why they’re important

Entrepreneurship is necessary for our economy. According to the Minority Business Development Agency, 15% of businesses in the United States were startups in the late 1970s. That number has dropped to only 8% in recent years. The National Minority Supplier Development Council (NMSDC) states that 50% of the U.S. population will be made up of minorities by 2050. Minority business enterprises (MBEs) have generated over $400 billion, created and preserved 2.2 million jobs, and contributed $49 billion in local, state,

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Here’s why parents value flexible working – and why the old office environment won’t be apart of the “new normal”

Over the last year, our homes have become our new offices, schools, and daycares. Parents not only became remote workers, but also full-time stay-at-home parents and teachers for their kids who were learning at home. As offices and schools have begun to reopen and welcome students and employees back, many working parents aren’t interested in returning to the old work environment. According to a FlexJobs survey, 61% of parents want to continue working remotely full-time, with 37% wanting a flexible,

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Here’s how your work-from-home environment is killing your productivity – and how to solve it

Many office employees suddenly became remote workers in 2020. What began as working from home for a few weeks has become a permanent working environment for many people. Depending on your housing situation, your couch might have become your new workspace. Or you might be lucky enough to have your own dedicated office. Or you might be trying to navigate working from home while sharing a space with your partner, roommates, or kids. Whatever your work-from-home setup looks like, chances

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