What Is A Sole Trader – Accounting Firms In Uk
August 17, 2022 ⚊ 1 Min read ⚊ Views 129 ⚊ BLOG
A straightforward form of company organisation, often known as a sole proprietorship, a sole
trader is characterised by the fact that only one person is responsible for both the
management and ownership of the enterprise. A single proprietor has the right to keep all
profits after taxes have been paid, but they are also responsible for covering any and all
losses that their business sustains.
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