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Article: Home-based Sole Proprietors Generate $102 Billion in Annual Revenue.
- Article from:
- PR Newswire
- Article date:
- May 31, 2006
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Copyright informationCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New study details home-based business revenue, income by industry
WASHINGTON, May 31 /PRNewswire/ -- America's home-based sole proprietors generate $102 billion in annual revenue, according to a study released today by the Office of Advocacy of the U.S. Small Business Administration. The study details revenues, expenses, and income for both home-based and non-home-based sole proprietors by industrial sector.
"Sole proprietorships are a vital part of our economy," said Thomas M. Sullivan, Chief Counsel for Advocacy. "Many are home-based micro businesses; collectively they generate a significant amount of economic activity. For the average sole proprietor, their ...
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