CKOS research journal

The Observatory

A cumulative record of the conditions shaping owner-only firms and businesses with fewer than ten workers. Each issue separates observed evidence, CKOS interpretation, opportunity hypotheses, and unresolved questions.

Monthly / public sources / cumulative lineage

Latest issue / September 2026

Formation Without Payroll

The entrepreneurial base is widening faster than its employer layer

America added more owner-only businesses and filed more applications, but a smaller share of new applications planned wages. The next small-business system must work before a team exists.

Cumulative record

Archive