- This topic has 2 replies, 3 voices, and was last updated 14 hours ago by
.
Viewing 3 posts - 1 through 3 (of 3 total)
- Posts
Entrepreneur and sole trader are often the same. Certainly a person who sets up a business is an entrepreneur.
However, a group of people could get together to start a business, either as partners of,as,shareholders in a new company. They would all be entrepreneurs, but would not be sole traders.
The passage clearly explains that while all sole traders are entrepreneurs, not all entrepreneurs are sole traders. For example, someone who creates a game like the Eggy Car game alone is both a sole trader and an entrepreneur. But if they team up with others, they’re still entrepreneurs—but no longer sole traders.
Viewing 3 posts - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.