Advantages of Sole Trade 

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  1. It is easy to manage
  2. It requires small capital to start.
  3. It is easy to establish
  4. All profits belong to the sole trader.
  5. Maintains cordial, relationship between the sole proprietor and his employees.
  6. It promotes quick decision taking
  7. It promotes easy formulation of policies.
Others are Viewing:
  1. Disadvantages of sole trade
  2. SOLE PROPRIETORSHIP
  3. Advantages of Small Scale Retail Trade
  4. ADVANTAGES OF INTERNATIONAL TRADE
  5. Advantages/Reasons for Restriction of international Trade
  6. Advantages of Partnership
  7. Advantages of Co-operatives

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