Posted by Dave Lorenzo - Business Coach

This chart on the safest and riskiest sole proprietorships illuminates several compelling points. First of all, it gives a general impression of the types of businesses that are most likely to succeed. Secondly, it shows what percentage of which businesses enjoyed success or suffered losses, according to IRS data. And finally, it reveals that 75% of sole proprietorships came out ahead in 2002. That is a very encouraging statistic. It suggests that up to 3 out of 4 sole proprietors will succeed in their endeavor. Surely it’s worth it to take a shot at something that has a 75% chance of success?

Filed under: Job Stats
TrackBack URI     

No Responses »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Name (required)

E-mail (required)

URI

Your Comment