Business Studies, asked by warmachine842, 1 month ago

Features or characterstics of sole trade

Answers

Answered by llMrMoonll

Full control. As a sole trader, you have sole ownership and full control over your business. ...

Full control. As a sole trader, you have sole ownership and full control over your business. ...Not a separate legal entity. ...

Full control. As a sole trader, you have sole ownership and full control over your business. ...Not a separate legal entity. ...Continuity. ...

Full control. As a sole trader, you have sole ownership and full control over your business. ...Not a separate legal entity. ...Continuity. ...Unlimited liability. ...

Full control. As a sole trader, you have sole ownership and full control over your business. ...Not a separate legal entity. ...Continuity. ...Unlimited liability. ...Taxed as an individual. ...

Full control. As a sole trader, you have sole ownership and full control over your business. ...Not a separate legal entity. ...Continuity. ...Unlimited liability. ...Taxed as an individual. ...Minimal admin and filing requirements. ...

Here is your answer ✌

Answered by priyanimondal07

Characteristics of Sole Trader

Ownership by one man

Ownership by one manThis is owned by single person. The sole trader contributes the required capital. He is not only the owner of the business but also manager of the entire affairs.

Ownership by one manThis is owned by single person. The sole trader contributes the required capital. He is not only the owner of the business but also manager of the entire affairs.

Previous Question

Next Question