Category Archives: S is for…

Sole Trader

A sole trader describes any business that is owned and controlled by¬†one person – although they may employ workers. Individuals who provide a specialist service like plumbers, hairdressers or photographers are often sole traders. Sole traders do not have a separate legal existence from the business. In the eyes of the law, the business and […]

Stakeholders

A stakeholder is anyone with an interest in a business and it’s operating activities. Stakeholders are individuals, groups or organisations that are affected by the activity of the business. Businesses have different types of internal and external stakeholders, with different interests and priorities. Sometimes these interests can conflict and a business will have to engage […]