Thread: Tee-Nut
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Ed Huntress Ed Huntress is offline
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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., ...

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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