Article: Home-based Sole Proprietors Generate $102 Billion in Annual Revenue.

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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