Whats good about a Sole Trader

-Not many legal regulations to worry about -You are the Boss. You control the Business. -You can have freedom over your holidays, hours of work, prices to be charged and who to employ -You have close connections with customers which leads to responding quickly to the needs and demands. -The profit the business makes, goes to you! This gives motivation to carry on -Your information about the business is kept secret [excluding the Tax Office]