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This analysis shows that between 9% and 12% of actively-managed household businesses registered no sales. In essence, around one tenth of entrepreneurial enterprises don't sell anything. This analysis is the first in a series that is interested in the concept of "paper entrepreneurs" -- those whom we conventionally classify as "entrepreneurs" but whose businesses show little to no evidence of engaging in business transactions. The data used in this analysis is available for download at https://www.federalreserve.gov/econres/scfindex.htm
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