As per Lawkidunya, sole Trading is usually small-scaled. Thus, it can be said that there is no future of sole trading in the coming years, as a result of inflation, more capital cannot be raised as the money is invested by a single individual/owner of the business.
What is the Future of Sole Proprietorship – Lawkidunya
Ch Muhammad Shahid Bhalli
I am a more than 9-year experienced professional lawyer focused on UK Tax laws, income tax and VAT in UK. I simplify complex legal topics to help
individuals and businesses stay informed, compliant, and empowered. My mission is to share practical, trustworthy legal insights in plain English.
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