Question

sole trader special features ​

Answer 1

Answer:

The sole trader business: has a limited life span, as it will cease to exist when the owner dies. has limited access to capital and no one to share any losses with. is legally responsible for all aspects of the business – which means the sole trader can lose all their private assets if the business goes into debt.

Answer 2

Answer:

The sole trader business: has a limited life span, as it will cease to exist when the owner dies. has limited access to capital and no one to share any losses with. is legally responsible for all aspects of the business – which means the sole trader can lose all their private assets if the business goes into debt.