Sole Trader - Advantages & Disadvantages

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  • Sole Trader
    • You are your own boss.
    • You keep the profit.
    • You make the decisions.
    • Easy to set up.
    • Unlimited liability.
    • Can be very stressful.
    • Limit to the amount of capital that can be raised.
    • Fiances/loans can be very expensive.
    • 50% failure rate.

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