JAMB - Commerce (2013 - No. 15)
In order to increase the capital owned, a sole trader may
seek for bank loan
issue debentures
acquire extra shop fittings on credit
draw less of his profit for personal use
Explicaţie
A sole trader can raise capital for the business by ploughing back profit. That is, re-investing the profits realised from the business instead of using it for personal needs