Is Sole Trader Business Right for You?
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Questions and Answers

What are some advantages of a sole trader business?

Easy to establish and manage, fast decision making, and offer customers special attention.

What is a disadvantage of a sole trader business?

Debt incurred by the business must be borne by the owner.

Why is it difficult for a sole trader to raise capital?

A sole trader normally finds it hard to raise capital.

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