If you’re starting a new business or considering restructuring, one of the first big decisions is how to trade  — as a sole trader  or a limited company . Each has benefits and drawbacks, and the right choice depends on your goals, income level, and risk appetite. Let’s break it down 👇 ⚖️ Sole Trader ✅ Pros: Simple setup  – You can start trading immediately, with minimal admin. Lower costs  – Fewer filing and accounting requirements. Full control  – You make all decisions an