Tammy is a sole trader. She provides window cleaning services to home owners. Her
business does not benefit from any economies of scale because it is small.
Tammy has just bought a new van and must make repayments to the bank every month. Tammy has to pay her employees every month. However, she gives her customers 2 months to pay.
(d) Explain one advantage and one disadvantage to Tammy of being a sole trader.
Advantage : ………………………………………………………………………………………………………………
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Explanation: ………………………………………………………………………………………………………………
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Disadvantage : …………………………………………………………………………………………………………..
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Explanation: ………………………………………………………………………………………………………………
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