1. M1

2. Task Explain, with examples, the benefits of starting a business.
Personal objectives:
To make money
Found a gap in the market where you want to set up a new business
Having a good business
A change in circumstances e.g. being fired/leaving full time education etc.
To have more control over your lifestyle (be your own boss)
To turn your hobby into a living (where you make money from doing what you enjoy e.g. making cakes/jewellery)

3. Other considerations Being able to choose your own working hours
Choosing work hours that help with other commitments e.g. family commitments
Feeling more control over your lives
Doing something that you enjoy!
BASICALLY ANY REASON WHY YOU WOULD WANT TO WORK FOR YOURSELF! YOU MUST EXPLAIN THESE IN DETAIL THOUGH