What is the disadvantage of sole trader?

"MARGIN: 0cm 0cm 10pt 54pt; TEXT-INDENT: -18pt; LINE-HEIGHT: normal; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt">

· They are small businesses, so less money is required to set them

up.

"MARGIN: 0cm 0cm 10pt 54pt; TEXT-INDENT: -18pt; LINE-HEIGHT: normal; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt">

· The owner is in sole charge so quick decisions can be made

without having to get others.

"MARGIN: 0cm 0cm 10pt 54pt; TEXT-INDENT: -18pt; LINE-HEIGHT: normal; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt">

· The owner gets to keep all of the profits; they don't have to be

shared with others.

"MARGIN: 0cm 0cm 10pt 54pt; TEXT-INDENT: -18pt; LINE-HEIGHT: normal; TEXT-ALIGN: justify; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt">

· Financial information can be kept private.

"MARGIN: 0cm 0cm 10pt 54pt; TEXT-INDENT: -18pt; mso-list: l0 level1 lfo1; tab-stops: list 54.0pt">

· Quick and easy to start