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
Explicaţie
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.