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Monday 23 September 2013

Sources of Finance for Sole Traders

Starting a business as a sole trader is one of the easiest way to organise small business in terms of management &start up costs. Management duties commonly fall to the owner ofsole trader business, who is also responsible for his decisions as a operator.in terms of paperwork required to establish as a sole trader is minimal compared to more complex business structures. It’s also ideal because the required start up fees are low. More of that,





the benefits of working as a sole trader allow you to establish your own work schedule & benefit entirely from your business. There are few otherimportants features which have to beconsider.
Personal Capital
Retained Profit
Sale of Assets
Sale & Lease Back
Loans & Credit Lines from Banks
Hire Purchase

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