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Illness might force you to close for the month, receive £ 5, 000 if you are covered by medical insurance. Click here to answer a £ 5, 000 question or, w Click here to face a £ 5, 000 challenge

Shoplifting is a problem in this area. If you have installed shop security receive £ 5, 000. Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

You have been reported for playing live music for customers. If you have a licence receive £ 5, 000 Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

FREE BONUS Quick decision making can benefit a sole trader. Receive £ 5, 000. Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

Good customer relations leads to extra business, if you have taken customer service training. Gain £ 5, 000. Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

Tax authorities believe that you have failed to register for VAT. If you have done so receive £ 5, 000. Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

Local leaflet drops spread awareness of local firms. If you have done direct marketing receive £ 5, 000. Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

A business plan can help a firm to be more successful. if you constructed one receive £ 5, 000 Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

The Local Authority must be informed if you change the use of business premises. If you told them gain £ 5, 000. Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

Market research can get a firm off to a good start. Gain £ 5, 000 if you conducted some. Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

The LA believe that you have been playing music to your customers. Receive £ 5, 000 if you have a licence. Click here to answer a £ 5000 question or, w Click here to face a £ 5000 challenge

Consumer spending is higher than expected this Xmas. if you have bought in extra stock to sell receive £ 5, 000. Click here to answer a question or, w Click here to face a challenge

Click here to return to game PROFIT MONTHLY PROFIT FIGURES IN 000’S 15 10 5 0 MONTHS auto auto auto +1 +1 +1 +2 +2 +2

10 THE SOLE TRADER WORD GAME SELECT WORD NUMBER BELOW W 1 W 2 W 3 W 4 W 5 W 6 W 7 W 8 W 9 W 10 GO TO SCORE SHEET W 11 W 12

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THE SOLE TRADER QUIZ 10 SELECT QUESTION BELOW Q 1 Q 2 Q 3 Q 4 Q 5 Q 6 Q 7 Q 8 Q 9 Q 10

THE SOLE TRADER Q 1 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 easiest way for one person to set up in business. Starting up as a sole trader is the hardest way for one person to set up in business.

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THE SOLE TRADER Q 2 Starting up as a sole trader means the entrepreneur can start trading instantly. A sole trader can always start trading straight away if they register with the inland revenue. A sole trader might have to obtain a licence before trading.

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THE SOLE TRADER Q 3 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 more than £ 67, 000. A sole trader only has to register for VAT if they expect their turnover to be less than £ 67, 000.

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THE SOLE TRADER Q 4 a sole trader has unlimited liability. a sole trader has limited labels.

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THE SOLE TRADER Q 5 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.

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THE SOLE TRADER Q 6 A sole trader can make decisions by themselves. sole traders cannot have other employees. A sole trader is not allowed to manage their business.

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THE SOLE TRADER Q 7 A sole trader can sell shares to raise money. A sole trader will always be able to obtain a bank loan to raise money. A sole trader might be able to get a bank loan.

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THE SOLE TRADER Q 8 A sole trader only has to obtain a licence if they wish to sell alcohol. A sole trader can play music for their customers without permission. A sole trader will need to get permission to play a sound track for customers.

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THE SOLE TRADER Q 9 A sole trader has to share their profit with other people. A sole trader will be able to share any losses with other employees. A sole trader can keep their own profits.

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THE SOLE TRADER Q 10 A sole trader has legal status. A sole trader works for someone else. A sole trader is self employed.

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