Business Studies, asked by hh8035554, 1 month ago

how is absence of government regulation is an advantage for sole trading concern

Answers

Answered by djgmmansurihussain10

0

Answer:

Sole trader advantages

Be your own boss. The main benefit of being a sole trader is that you are your own boss and you can dictate the direction of the business. ...

Keep all the profits. ...

Easy to set up. ...

Low start-up costs. ...

Maximum privacy. ...

Easy to change the business structure. ...

Unlimited liability. ...

Tax may not be efficient.

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Plz answer this fast..