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Sole traders and Partnerships are an example of unincorporated businesses.

A sole trader is set up, owned and run by one person, such as a traditional corner shop.

A partner...

- Bring in expert business knowledge with specialist experience giving the start-up a good chance of survival in the business world.

- No debt of money, venture capitalists usually only a...

In answering this question, a few things must be taken into consideration. FIrstly, the question clearly asks for the advantages of being a sole trader. This means that any time wasted in explaining a ...

Most people assume that SWOT and PEST are completely different things. In reality, SWOT and PEST are used together in strategic analysis.

SWOT stands for Strenghts, Weaknesses, Opportunit...

When you first see the marks allocated to a question, it may put some fear in you. However, there is no cause for concern. Paying attention to the command words in a question (such as DISCUSS, EXPLAIN)...