What is the definition of sole traders?

Answer by  playmynrd (225)

A business that is owned by one individual, as opposed to a partnership of owners, is called a "sole proprietorship", with the owner being referred to as a "sole trader".

Answer by  juanita57 (1374)

I think a sole trader is a trader that is alone or by theirselves. They buy and sell stuff but always just one person to another one person. Their is not a chain of them.

Answer by  cangel818 (981)

Also known as sole proprietorship. It is a business that is owned and run by the same person. Like being self employed as your own entity.