1m2m3m4 m5 m6 m7m8m9m10 m11 m12 click if pass click to start m1 the sole trader the sole trader

1 M2 M3 M4

M5

M6

M7M8M9M10

M11

M12

ClickIf

pass

Clickto

StartM1

THE SOLE TRADERTHE SOLE TRADER

FREEFREEBONUSBONUS

Click here lastClick here last

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

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

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

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

FREEFREEBONUSBONUS

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

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

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,

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,

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,

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,

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,

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

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’SPROFIT

Click here to return to gameClick here to return to game MONTHLY PROFIT MONTHLY PROFIT

10 THE SOLE TRADER WORD GAMETHE SOLE TRADER WORD GAME

W1 W2 W3 W4 W5 W6 W7 W8 W9 W10

SELECT WORD NUMBER BELOW

W11 W12

GO TO SCORE SHEETGO TO SCORE SHEET

WORD 1

W0RD 2

WORD 3

WORD 4

WORD 5

WORD 6

WORD 7

WORD 8

WORD 9

WORD 10

WORD 11

WORD 12

10 THE SOLE TRADER QUIZTHE SOLE TRADER QUIZ

Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10

SELECT QUESTION BELOW

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 Starting up as a sole trader is the easiest way for two people the easiest way for two people to set up in business.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 Q1THE SOLE TRADER Q1

INCORRECT

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 Q2THE SOLE TRADER Q2

INCORRECT

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 Q3THE SOLE TRADER Q3

INCORRECT

a sole trader has limited liability.

a sole trader has unlimited liability.

a sole trader has limited labels.

THE SOLE TRADER Q4THE SOLE TRADER Q4

INCORRECT

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 Q5THE SOLE TRADER Q5

INCORRECT

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 Q6THE SOLE TRADER Q6

INCORRECT

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 Q7THE SOLE TRADER Q7

INCORRECT

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 Q8THE SOLE TRADER Q8

INCORRECT

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 Q9THE SOLE TRADER Q9

INCORRECT

A sole trader works for someone else.

A sole trader has legal status.

A sole trader is self employed.

THE SOLE TRADER Q10THE SOLE TRADER Q10

INCORRECT