Identify benefit to an entrepreneur of being a sole trader

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Question: Identify one benefit to an entrepreneur of being a sole trader. Explain the term 'partnership'. In which sector of industry is Joe's business currently operating? Explain your answer. In which sector of industry is Joe planning to set up his new business? Explain your answer. U Analyse two problems Joe might face in switching from making tea and coffee products to entering the cafe and tea shop market. Advise Joe on the most suitable form of business ownership, given that extra capital will be required. Justify your answer.

Reference no: EM133368007

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