Starting a business? The “flying solo” option
Episode 2:- You will recall from our last article [link] that it is incredibly important to pick the correct trading vehicle upfront, and before you start your business operations. Let’s start off our analysis of the various choices open to you with the sole proprietorship (or “sole trader”) option – could it be the best fit for your particular needs and those of your new business? What exactly is a sole proprietorship? In a nutshell, you are the business. You are the only proprietor, owner and operator; you run the business at your own personal risk and for your own…