The Safest & Riskiest Small Businesses
BizStats: “What are the safest small businesses to start, and what are the riskiest? One measure of risk is to compare relative percentages of profitable and loss businesses in a given industry. We used sole proprietorship data since net income or loss is not affected by owners’ compensation. We compiled data on 120 different types of businesses, and came up with some interesting results. Surveyors (# 1) came out on top for the second year in a row, CPA’s came in 5th, while hunters & trappers came in dead (no pun intended) last. Non-store retailers (# 112) includes the numerous multi-level sales and marketing ventures which publicize high profits, but are near the bottom of the list for the likelihood of achieving profitability.”
Lucy on January 20th, 2005 9:15 am
Wow that’s an eye opener
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