Which of the following statements about a sole trader is true? January 1, 2023 by admin A sole trader with employees must change to a different business structure. Every sole trader must register their business name. There are no special requirements to start operating a business if the sole trader uses their own name. The sole trader must generally consult with customers, creditors and employees in deciding what the business will and will not do. See Answer There are no special requirements to start operating a business if the sole trader uses their own name.