You Do Not Have To Do This Alone with Our Accountants for Sole Traders
If you’re in business for yourself, whether as a sole proprietor or otherwise, you must preserve business records and work with your sole trader accounts.
It is a common misconception that sole proprietors either work alone (though they certainly can) or have no workers (though you might not).
Some sole operations may appear like large corporations since they employ hundreds of people– but that’s usually not the case.
The term “sole trader” refers to your business’s tax status and, by extension, the accounts you’ll need to keep.
Self-employment is another common word for a sole trader business status (though that term can also apply to single-person companies).