Answer:
A business should generate revenue for the owner
and employees, if any. Typically businesses grow in stages, as do
profits. A careful approach should be used to generate enough money
to live on, while guaranteeing the safety net of various benefits
systems such as Social Security and subsidized housing until such
time as these resources are no longer required. Individuals facing
unemployment or sheltered employment almost always earn more money
in their businesses than the national average earned through sheltered
work.
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- The VCU-BARC Self-Employment & Social Security Pages
have been developed in conjunction with Griffin-Hammis
Associates, LLC. The contents do not necessarily represent
the policy, interpretations or opinion of the Social Security Administration
(SSA). The information contained here is intended to inform readers
of issues that may affect Social Security and/or other public assistance
benefits. Because individual circumstances differ, the reader should
not rely on any information here as being specifically applicable
to an individual's situation. Readers are encouraged to contact
a BPAO benefits specialist to discuss her or his specific situation.
