Here’s some sobering news for those people thinking of going into business for themselves. The average revenues of sole proprietorships has been trending downward for the last 50 years!
As the figure above shows, the average receipts per U.S. sole proprietorship has dropped by two-thirds in inflation-adjusted terms since 1966. Because three quarters of all U.S. businesses are sole proprietorships, this trend is not good for small business.
To read the full, original article click on this link: Sole Proprietorship Revenues in Long Term Decline
