You have decided to set up a tourism business as a sole trader. Your business will be either related to transport or accommodation; choose one of these and then carry out research to help you complete the questions below.
- What is your business called?
- Say where are you going to locate your business and explain why?
- What product and/or service are you going to provide?
- From where will you get the money to start your business?
- What are the advantages of setting up your business as a sole trader?
- What are the disadvantages of setting up your business as a sole trader?