Question:
Whats bad about a Sole Trader
Author: eric_galvaoAnswer:
-You can't discuss your business problems to anyone really -You have Unlimited Liability. Your business and personal accounts are not seperated -Hard to raise money to expand. Also having to rely on savings and profits via the business. Also bank loans -You can't be good at everything! Its quite expensive to get a specialist workers -Small businesses can't exactly take Economies of Scale -If you receive an illness, no one can take over
0 / 5 Â (0 ratings)
1 answer(s) in total