Sole Trader - Advantages & Disadvantages
- Created by: Tasha Maclennan
- Created on: 24-04-15 10:23
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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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