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1M2M3M4 M5 M6 M7M8M9M10 M11 M12 Click If pass Click to Start M1 THE SOLE TRADER THE SOLE TRADER
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FREE BONUS Click here last Click here last
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Illness might force you to close for the month, receive £5,000 if you are covered by medical insurance. w Click here to answer a £5,000 question or, Click here to face a £5,000 challenge
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Shoplifting is a problem in this area. If you have installed shop security receive £5,000. w Click here to answer a £5000 question or, Click here to face a £5000 challenge
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You have been reported for playing live music for customers. If you have a licence receive £5,000 w Click here to answer a £5000 question or, Click here to face a £5000 challenge
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Quick decision making can benefit a sole trader. Receive £5,000. w Click here to answer a £5000 question or, Click here to face a £5000 challenge FREEBONUS
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Good customer relations leads to extra business, if you have taken customer service training. Gain £5,000. w Click here to answer a £5000 question or, Click here to face a £5000 challenge
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Tax authorities believe that you have failed to register for VAT. If you have done so receive £5,000. w Click here to answer a £5000 question or, Click here to face a £5000 challenge
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Local leaflet drops spread awareness of local firms. If you have done direct marketing receive £5,000. w Click here to face a £5000 challenge Click here to answer a £5000 question or,
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A business plan can help a firm to be more successful. if you constructed one receive £5,000 w Click here to face a £5000 challenge Click here to answer a £5000 question or,
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The Local Authority must be informed if you change the use of business premises. If you told them gain £5,000. w Click here to face a £5000 challenge Click here to answer a £5000 question or,
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Market research can get a firm off to a good start. Gain £5,000 if you conducted some. w Click here to face a £5000 challenge Click here to answer a £5000 question or,
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The LA believe that you have been playing music to your customers. Receive £5,000 if you have a licence. w Click here to face a £5000 challenge Click here to answer a £5000 question or,
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Consumer spending is higher than expected this Xmas. if you have bought in extra stock to sell receive £5,000. w Click here to answer a question or, Click here to face a challenge
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auto +1 auto +2 +1 auto +2 +1 auto +2 +1 auto +2 +1 auto +2 +1 auto +2 +1 auto +2 +1 auto +2 +1 auto +2 +1 auto +2 +1 auto +2 MONTHS 15 10 5 0 FIGURES IN 000’S PROFIT Click here to return to game MONTHLY PROFIT Click here to return to game MONTHLY PROFIT
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10 THE SOLE TRADER WORD GAME THE SOLE TRADER WORD GAME W1W2W3W4W5W6W7W8W9W10 SELECT WORD NUMBER BELOW W11W12 GO TO SCORE SHEET GO TO SCORE SHEET
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WORD 1
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10 THE SOLE TRADER QUIZ THE SOLE TRADER QUIZ Q1Q2Q3Q4Q5Q6Q7Q8Q9Q10 SELECT QUESTION BELOW
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Starting up as a sole trader is the easiest way for one person to set up in business. Starting up as a sole trader is the easiest way for two people to set up in business. Starting up as a sole trader is the hardest way for one person to set up in business. THE SOLE TRADER Q1 THE SOLE TRADER Q1
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INCORRECT
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A sole trader can always start trading straight away if they register with the inland revenue. Starting up as a sole trader means the entrepreneur can start trading instantly. A sole trader might have to obtain a licence before trading. THE SOLE TRADER Q2 THE SOLE TRADER Q2
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INCORRECT
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A sole trader only has to register for VAT if they expect their turnover to be more than £67,000. A sole trader will always have to register for VAT. A sole trader only has to register for VAT if they expect their turnover to be less than £67,000. THE SOLE TRADER Q3 THE SOLE TRADER Q3
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a sole trader has limited liability. a sole trader has unlimited liability. a sole trader has limited labels. THE SOLE TRADER Q4 THE SOLE TRADER Q4
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Unlimited liability means that a sole trader will have no personal possessions. Unlimited liability means that a sole trader will not lose any personal possessions if their firm fails. Unlimited liability means that a sole trader will lose personal possessions if their firm fails. THE SOLE TRADER Q5 THE SOLE TRADER Q5
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A sole trader can make decisions by themselves. sole traders cannot have other employees. A sole trader is not allowed to manage their business. THE SOLE TRADER Q6 THE SOLE TRADER Q6
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INCORRECT
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A sole trader will always be able to obtain a bank loan to raise money. A sole trader can sell shares to raise money. A sole trader might be able to get a bank loan. THE SOLE TRADER Q7 THE SOLE TRADER Q7
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INCORRECT
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A sole trader only has to obtain a licence if they wish to sell alcohol. A sole trader will need to get permission to play a sound track for customers. A sole trader can play music for their customers without permission. THE SOLE TRADER Q8 THE SOLE TRADER Q8
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A sole trader has to share their profit with other people. A sole trader can keep their own profits. A sole trader will be able to share any losses with other employees. THE SOLE TRADER Q9 THE SOLE TRADER Q9
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A sole trader works for someone else. A sole trader has legal status. A sole trader is self employed. THE SOLE TRADER Q10 THE SOLE TRADER Q10
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INCORRECT
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