Business Studies Starting a business and being a sole trader. 0.0 / 5 ? Business StudiesStarting a businessGCSEAQA Created by: Its_TitoCreated on: 28-04-14 18:53 The name of someone who starts up their own business. Sole trader 1 of 5 A legal obligation on the owners of a business to settle all debts of the business. Unlimited liability 2 of 5 A business owned by a single person who has unlimited liability. Sole proprietorship 3 of 5 Money that a business needs to start or expand. Capital 4 of 5 A saving in costs gained by an increased level of production. Economies of scale 5 of 5
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