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  #   003-010 - Sole Trader

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  A Sole Trader is one who trades alone without the use of a Company structure or partners and bears full responsibility for the liabilities arising out of the business. One of the disadvantages of trading as a Sole Trader is that a Sole Trader is directly responsible for all the debts incurred by the ...[Read more](#hikashop_show_tabular_description)

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 A Sole Trader is one who trades alone without the use of a Company structure or partners and bears full responsibility for the liabilities arising out of the business. One of the disadvantages of trading as a Sole Trader is that a Sole Trader is directly responsible for all the debts incurred by the business. There is no limited liability protection for a Sole Trader.

The paper is presented under the headings:

- Sole Trader Trades Alone
- Business Name
- Taxation - Sole Trader
- Assets
- Liability
- Suitability For Small Scale Operations
- Advantages - Sole Trader
- Disadvantages - Sole Trader