Which of the following is not a feature of a sole trader

"Guaranteed profits" is not a feature of a sole trader. A sole trader, also known as a sole proprietorship, is a type of business entity in which an individual runs and manages the entire business. Sole traders have complete control over their business and are responsible for making all decisions related to it. One advantage of being a sole trader is that they can make quick decisions because they don't have to consult with anyone else before making a decision. However, this doesn't guarantee profits. Sole traders also have unlimited liability, which means that if the business incurs debts or losses, the owner's personal assets can be used to pay off those debts. This is a significant risk that a sole trader takes on when starting their business. Another risk that a sole trader takes on is bearing losses alone. Since they are the sole owner of the business, they are solely responsible for any losses the business incurs. In summary, being a sole trader offers advantages such as quick decision making and complete control over the business, but it also comes with risks such as unlimited liability and bearing losses alone. However, there is no guarantee of profits in a sole proprietorship.