Business

Hi everyone, can anyone please answer this question:
Explain why it is easier to make bold business decisions if your business is a limited company than if it is a sole trader with unlimited liability

If you're a sole trader, your personal assets (e.g. Car, house etc.) are at risk if something goes wrong. If something goes wrong with a limited company, you can only loose what you invest (your personal assets aren't at risk) so you've got less to risk.