Tee-Nut
On Fri, 15 Jan 2016 10:45:58 -0800 (PST), "
wrote:
On Friday, January 15, 2016 at 9:21:57 AM UTC-5, dpb wrote:
Seems to me from the discussion here (but not having seen the original
either) it's a philosophical viewpoint rather than an actual one and
folks here are confounding the two viewpoints...
$0.02, im(ns)ho, ymmv, etc., etc., etc., ...
--
It is a philosophical viewpoint , but it ends up affecting the actual decisions about the business.
Dan
The average sole proprietorship in the US has invested $30,000 in his
or her business. The average *profitable* sole proprietorship returns
$14,000/yr. to its owner (just over $11,000 to the average sole
proprietorship, including those that are not profitable).
That's buying yourself a very low-paying job. And the money they've
bought it with usually is borrowed.
These figures come from the Small Business Administration.
--
Ed Huntress
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