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Questions and Answers
What are some advantages of a sole trader business?
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?
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?
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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