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In order to become a legal sole trader, simply use the sole trader’s name or create a business name. After establishing a name to operate under, secure permits or business license. In addition, acquire the appropriate insurance policy to cover all associated risks. In most cases, sole traders are mostly held responsible for any damages that may occur during the operation.

Set up a commercial office space or home office space. As a sole trader, hiring employees can be done the same way a business hire employees. To run a sole trader operation, purchase an inventory or core equipment. Although an inventory may not be needed by a service-based sole trader, several operational tools may come in handy. For example, a sole trader for a laundry delivery service will require a van that is capable of convenient transport, and comes with custom laundry bags for pick-ups.

To get the word out about the sole trader business, market it to potential clients with newspapers, radio, promotional business cards, magazines, fliers and television. Another great way to get the attention of potential clients is to create a promotional website. This will allow the sole trader business to be marketed on well-known sites like Craigslist.