A sole trader supplies clients with products they need at a convenient level. The trader is the link between wholesalers and customers.
Lord Sugar is a famous sole trader in the UK.
Sole proprietor
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
No.
a sole trader enterprise is a business own, operate and control by one person.
Sole trader it means Sole trade agence?
Sole trader it means Sole trade agence?
Sole trader it means Sole trade agence?
advantages of a sole trader
a sole trader has a limited liability. :)
Yes body shop is a sole trader.
Lord Sugar is a famous sole trader in the UK.
A sole trader operates primarily in the small business sector of the economy. This form of business is typically characterized by individual ownership and management, allowing for flexibility and direct control over operations. Sole traders can be found in various industries, including retail, services, and trades, often catering to local markets. Their contributions are significant to entrepreneurship and job creation within the economy.
Sole proprietor
A sole trader can employ as may people as is necessary
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 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.