18 Outline one feature (advantage) of a sole trader

[Ruqyia Salman]

[KN] A key advantage of being a sole trader is that they keep all the profits made by the business.[APP] For example, if a sole trader running a small grocery shop earns high sales, they do not have to share the profit with any partners.[AN] This motivates the owner to work harder and make better decisions, as the financial rewards directly benefit them

[Uqbah hadeed kayani]

[kn] A sole trader is a business owned and managed by one individual, giving them full control over decisions.
[app] For example, a small bakery owned by one person can decide prices, recipes, and working hours independently.
[an] This is an advantage because it allows quick decision-making without needing approval from others, keeps all profits for the owner, and gives strong personal motivation to succeed.

[amaimatif]

KN] A sole trader keeps all the profit.
APP] For example, if the business earns a high income from the sales, the owner does not have to share it with any partners or give a salary to any employees.
AN] This means the owner earns more personal income, which increases their financial reward, and gives them strong motivation to work harder and grow the business further.

[Areeba Arshad]

[KN] A sole trader is a business owned and controlled by one individual.
[APP] For instance, a small shop run by a single person makes all its business decisions independently.
[AN] This allows the owner to make quick decisions without needing approva, which leads to faster responses to market changes, and helps the business stay flexible and adapt easily to customer needs.

[Tuqwa]

(kn)A sole trader is a business owned and controlled by one person.
(APP)One key advantage is that the owner makes all business decisions independently without needing to consult others. This allows quick responses to market changes and full control over how the business operates.
(an)As a result, the owner keeps all profits and can run the business according to their own ideas and preferences.

[Daris]

KN: One feature and advantage of a sole trader is that the business is owned and controlled by one person.
APP: For example, a small shop owner can make all business decisions independently without needing anyone’s approval.
AN: This helps decisions to be made quickly, which saves time and allows the business to react faster to changes in demand. As a result, the business can satisfy customers more easily and stay competitive in the market.

[Tahoor Yousaf]

{KN} a sole trader is a person who handles and owns the business solemnly. {APP} for example a small made from home crochet business , looking into orders and and doing all production by themselves. {ANL} this allows them to take decisions on there own hand, making quicker decisions, giving full one to one attention to business as they are personally familiar with the probs that need be sorted.