Explain why _____ chose to start his new business as a sole trader. (6 marks)

Command word: Explain

This means that in order to score the 5-6 marks range, a detailed response with reasons for how something will benefit for improve a particular phenomenon is necessary. 

The 6-mark question can be answered by 3 benefits of being a soletrader, each worths 2 marks with 1 being the justified reason and the other being the further explanation of the reason:

1. Soletraders have full control over the business (1 mark), since they will be the only owner and will run the business without the interference of others (another 1 mark).

2. Easier way to set up a business (1) since soletraders deal with less legislations and regulations compared to other typs of businesses (1).

3. Soletraders can make decision quickly (1) since they do not need to confer with other decision makers (1).

Hence this should allow the respondent to get a total of 6 marks for the question.

Related Business Studies GCSE answers

All answers ▸

What are the advantages of doing business as a sole trader?


What is the difference between advertising and marketing?


Zak and Kellie own a successful food catering business called Meals at Work in Lisburn. Zak and Kellie want to grow the business and are thinking about franchising. (g) Evaluate franchising for this business.


Please define marketing mix. What is its importance for business?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo

© MyTutorWeb Ltd 2013–2024

Terms & Conditions|Privacy Policy