merits and demerits of sole trade
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1.You are the boss 2. You keep all profits. 3.Start up costs are low. 4. You have maximum privacy.
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Advantages of sole trading include that:
you're the boss.
you keep all the profits.
start-up costs are low.
you have maximum privacy.
establishing and operating your business is simple.
it's easy to change your legal structure later if circumstances change you can easily wind up your business.
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