Question

what are the advantages of sole trading business ​

Answer 1

Answer:

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.

Explanation:

Hope it is helpful for you

Answer 2

Answer:

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.