Step-by-Step Lesson

Learn: Sole Traders - Key Features, Pros and Cons

iGCSE Business Studies [Edexcel]

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Steps in this lesson (12)

1
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Match the items on the left with their correct pairs on the right

2
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Match the items on the left with their correct pairs on the right

3
Multiple ChoiceInteractive

What is a sole trader?

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4
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5
MatchingInteractive

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6
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Match the items on the left with their correct pairs on the right

7
Fill in the BlankInteractive

One major disadvantage of sole traders is {{blank0}}, which means the owner is responsible for all {{blank1}}.

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8
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9
Multiple ChoiceInteractive

What is one major difference between a sole trader and a limited company?

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10
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11
Multi-SelectInteractive

Which of the following are advantages of being a sole trader? (Select all that apply)

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12
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