sole trader

One-person business owner

A sole trader is a person who owns and operates a business alone, without partners or corporate structure.

The term is primarily British; Americans typically say sole proprietor.

The business and owner are legally identical—profits are personal income, debts are personal liability.

She registered as a sole trader to do freelance consulting.

occupations

freelancer

Self-employed service provider

craftsperson · tradesperson · shopkeeper · vendor · retailer · baker · tailor · barber · plumber · photographer

scale

microbusiness

Enterprise under ten staff

small-scale · lean · nimble · local · independent · boutique · mom-and-pop

structure

proprietorship

Sole-owner business entity

autonomy

independence

Freedom from external control

flexibility · control · decision-making · ownership · self-determination · agency · discretion · self-governance · self-management

Categories
Opposites
business ownership structure

sole traderpartnership

Shared business arrangement

corporation · limited company · joint venture · cooperative · conglomerate

individual vs. collective enterprise

sole traderpartnership

Shared business arrangement

cooperative · joint enterprise · worker cooperative · commune · kibbutz

employment status

sole traderemployee

Hired organizational member

salaried worker · wage earner · company man · hired hand · civil servant

Family

sole, trader, soles, soled, trade, trades, traded, trading, tradable

Familiarity
Top 200,000
Profile
Timeless · Rated G