simplebooklet thumbnail

of 0

By Aaron Johnson and Jayson Holmes

 

Chapter 8 Economics Storyboard Project

Sole Proprietorships

  A business owned and managed by a single individual.

Characteristics of a Sole Proprietorship

By Type

  • 6% Real Estate
  • 4% Finance
  • 13% Retail
  • 2% Manufacturing
  • 14% Construction
  • 1% Agricultural
  • 2% Accomodation and Food Services
  • 9% Healthcare and Social Assistance
  • 10% Administrative Support and waste management
  • 4% Management/ technical consulting
  • 16% Professional, scientific, technical services
  • 19% Other

 

 

Usually, a sole proprietorship is headed by an entrepreneur. Successful entrepreneurs are usually optimistic, enthusiastis, and forward-thinking.

 

By Tax Return

  • 67 % under $25,000
  • 12% $25,000-$49,999
  • 9% $50,000-$99,999
  • 10% $100,000-$499,999
  • 1% $500,000-$999,999
  • 1% $1,000,000 +