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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
Sole trader case study?
Sole trader case study will reveal how this type business is conducted. This is a business which is owned by one person and is commonly referred to a sole proprietorship.
How do you define sole trader enterprises?
a sole trader enterprise is a business own, operate and control by one person.
What is an example of an unincorporated business?
A Sole Trader or an Partnership
What is A business that is owned and operated by a single individual is known as a what proprietorship?
sole A sole-trader.
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.
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
Sole trader case study?
Sole trader case study will reveal how this type business is conducted. This is a business which is owned by one person and is commonly referred to a sole proprietorship.
How do you define sole trader enterprises?
a sole trader enterprise is a business own, operate and control by one person.
How can a sole trader raise capital for the business?
ice
What is an example of an unincorporated business?
A Sole Trader or an Partnership
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.
What is A business that is owned and operated by a single individual is known as a what proprietorship?
sole A sole-trader.
What are importance of sole-trader business?
All assets of the business belongs to the owner
What is A Business That Has Only One Owner?
It's called a 'sole trader' business.
What is the purpose of a sole trader?
The purpose of a sole trader is to provide a service for a client and charge for that service. As with definition, a sole trader is usually a person who works under the listing of a business they legally own, control and 'provide' for - they pay their own gains tax (No matter how much), and own, and arethe company as it's registered. This can also be known as self employed.They are, however, responsible for any debts which may happen, and cannot rely on the financial protection of being employed.
What type of business a sole trader could change into?
a partnership.
