Advantages of being a sole trader

Cards (6)

  • An advantage of being is a sole trader is that it is easy to set up , as it has no complicated forms
  • Being a sole trader has the advantage of making the decision quickly
  • Being a sole trader require less capital
  • All the profit of the company is kept by the owner of the company if it is a sole trader
  • As a sole trader you can give personal attention to your custommers
  • As a sole trader , you don't have to make any information about the company public