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What is a function of the sole trader?
Sole trader it means Sole trade agence?
What is the function of sole trader?
Sole trader it means Sole trade agence?
What is a function of a sole trader?
Sole trader it means Sole trade agence?
What is the liability of sole trader?
a sole trader has a limited liability. :)
Is body shop a sole trader?
Yes body shop is a sole trader.
Famous sole trader companies?
Lord Sugar is a famous sole trader in the UK.
What is a sole trader organization?
Sole proprietor
How many people does a sole trader employ?
A sole trader can employ as may people as is necessary
What does a sole trader do with its profits?
A sole trader typically retains the profits generated by their business for personal use or reinvestment. They have the flexibility to withdraw profits as needed, which can be used for personal expenses or to fund business growth. Additionally, some sole traders may choose to set aside a portion of their profits for taxes or future investments. Ultimately, the decision on how to use profits rests with the sole trader.
Characteristic of a sole trader?
the characterististics of a sole trader are: -unlimited liablitity -only one person controls the business which is called the sole trader - financial infomration is only visible for the owner of the business - the sole trader can keep all profit made by the business - it is a unicorporated business
Why is it easier for a sole trader to obtain a bank loan?
it is not easy for a sole trader to get a loan so easily as the business is new and the bank ownt know if the sole trader will be able to repay the loan.
How do sole trader provide employment?
Sole trader owns the business solely. It order to make the business survive he needs employees for his business. That means sole trader provides employment to society.
