The government wants more young people to start-up businesses and show entrepreneurial spirit.
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Business, 01.01.2020 04:31 lackin2056
The government wants more young people to start-up businesses and show entrepreneurial spirit.
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they have asked you to create a leaflet for potential new entrepreneurs leaving college at 18.
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it should be informative, yet fun and engaging, considering the age of the reader.
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it must tell them about the 4 main options available to them, including what the advantages and disadvantages of each to them.
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- sole trader
- partnership
- private limited company (ltd)
- franchise
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use the links below, along with the videos you watched previously to think in detail about what the benefits and drawbacks of each are.
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you must also explain to them what the difference between unincorporated and incorporated businesses are using the key terms unlimited liability and limited liability and whether or not they are the same or separate legal entities
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