Question

What percentage of businesses are sole proprietorships?
Ob
25 percent
40 percent
75 percent
98 percent
Od

Answer 1

Answer:

73.1 percent=75 %

Explanation:

Sole proprietorships comprise the majority of all business forms. According to Census data, 73.1 percent of all businesses were sole proprietorships (20.3 million firms). 13.1 percent of all businesses were S corporations (3.65 million firms), and about 8 percent were partnerships (2.2 million firms