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JAMB - Commerce (2021 - No. 2)

The main advantage of a sole trader is the freedom to?
employ anyone he likes
take quick decision
seek advise from any source
plough all the profits

Forklaring

The one-man business is advantageous in the sense that the bureaucratic process of taking decisions is totally abolished. As a sole trader, business decisions are taken by the business owner which makes it fast and prompt.

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