What is a sole trader? (Legal Business Structure Series)

As part of our series of videos on different UK business & company types to help you answer the question - what is the right structure for your business? - in this video we focus on sole traders and cover the key aspects including:

1. WHAT a sole trader is?
2. WHO can become a sole trader?
3. HOW you can become a sole trader?
4. HOW MUCH it costs, and
5. WHY you would become one and the advantages and disadvantages of doing so?

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The information contained in our videos is provided as general information only. It is not a substitute for professional advice.