Sole trader

A sole trader is an individual who runs their own business. It’s the simplest form of business structure. It’s inexpensive to set up with few legal and tax requirements, making it less complex to run than other business structures. 

If you’re a sole trader you are not an employee, but you may employ others.


Starting a small business

Steps Progress

Is my hobby a business?

9 mins

Business structures overview

5 mins

Business registrations

5 mins

Sole trader structure

7 mins

Partnership structure

10 mins

Company structure

13 mins

Trust structure

7 mins

Small business support

10 mins

Related courses

1 mins

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