Sole Trader


	Sole Trader
	Advantages They are dead easy to set up. If you have an idea you're already in business. You get to be your own boss You get to decide on what happens to any profit.	Disadvantages You have to work long hours You don't get many holidays. You have unlimited liability.
	Evaluation Most small business's are sole traders. You don't need to do anything except start trading. E.g Plumbers, Hairdresses and Newsagents

Most small business's are sole traders. You don't need to do anything except start trading. E.g Plumbers, Hairdresses and Newsagents

Get Revising