Which of these would be a drawback if I want to be a sole trader? – 08-15-2015,05:01 AM Which of these would be a drawback if I want to be a sole trader?
1) Accounts have to be audited 2) Personally liable for business debts 3) Complex legislation to be followed 4) Business has to be registered
My own thoughts are Not number one as accounts for sole trader don't have to be audited as far as I know Yes number 2 for obvious reasons Possibly complex legislation but that can also help the business Having to register isn't a drawback
Can someone help me with this so that I get some other ideas. Please Help. Thanks ! I didn't find the right solution from the internet.
johnnyhenderson replied
404 weeks ago