Growing revenue and profits aren’t easy for one-person businesses, and many struggle to break even. The reasons are many: Some owners are running new businesses and haven’t figured out the right revenue model yet. It's hard to attract the right clients if no one is really clear on what makes you unique. Many solo entrepreneurs in service businesses serve clients one-on-one and charge by the hour. Even if you still opt to work with a few select clients, it will free you to focus on the big-picture growth strategy for the business.

Source: Forbes February 01, 2018 00:22 UTC