The main advantage of a sole trader is the freedom to
Answer Details
A sole trader is a business owner who operates the business alone without any partners. The main advantage of a sole trader is the freedom to take quick decisions without having to consult with anyone else. As the sole owner of the business, he/she has complete control over all aspects of the business, from decision-making to managing finances. This allows the sole trader to make quick and effective decisions, which can be very important in a fast-paced business environment. Additionally, the sole trader can plough all the profits back into the business, which can help the business to grow and expand over time.