Cambrige Notes: Sole Trader Businesses
Cambridge IGCSE Accounting(0452)/O Level Principles of Accounts(7110) Notes: Sole Trader Businesses
Characteristics/Features
- It is a form of business where there is only one owner who manages and controls the business.
- The owner of a business is also known as a proprietor and hence the business is also known as a sole proprietorship which means the business has one owner.
- A […]