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WHAT ARE TWO BENEFITS AND DRAWBACKS OF BEING A SOLE TRADER?

WHAT ARE TWO BENEFITS AND DRAWBACKS OF BEING A SOLE TRADER?
asked 3.1k views
1 vote
WHAT ARE TWO BENEFITS AND DRAWBACKS OF BEING A SOLE TRADER?

asked
User Manos Pasgiannis
by
8.1k points

2 Answers

5 votes
it's easy to change your legal structure later if circumstances change you can easily wind up your business

And

establishing and operating your business is simple.
answered
User Inam Abbas
by
7.9k points
4 votes

Answer:

you are the boss you keep all the profits startup costs are low

answered
User Adam Donahue
by
8.5k points
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WHAT ARE TWO BENEFITS AND DRAWBACKS OF BEING A SOLE TRADER?
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