Set out below are three scenarios which will test your understanding of business types and ownership.
RJ’s cafe and bistro bar is located in a seaside coastal town within a short distance of the local beach and coastal walks in south east England. The cafe/ bistro bar has indoor seating as well as a terrace facing the sea. A range of ages enjoy what the cafe/bistro bar has to offer, from visitors popping in for a coffee to groups enjoying the bistro facilities during an evening. Sometimes, the cafe/ bistro bar has live music playing as entertainment for its guests.
The owner, Mrs Rhian James, wants to open another cafe / bistro bar as this one is doing remarkably well. She wants her friend to join her in her new venture as she believes they will be more successful together.