ocr: Sole Traders Sole trader companies are normally owned and managed by a singleindividual and therefore the ownership and control oft the business IS invested in the same person. As a consequence the problem of ensuring the proper stewardship of tunds iS less pressing than with large imited liability companies where the management ceam who control the day to day running oft the company are not the same people as the shareholders vho areits legal owners.
(.png)
