Sole trader - Study guides, Class notes & Summaries
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AQA AS BUSINESS 7131/1 Paper 1 Business 1 Version: 1.0 Final *jun2371311QUESTION PAPER & MARKING SCHEME/ [MERGED] Mark scheme June 202301* IB/G/Jun23/E11 7131/1
- Exam (elaborations) • 42 pages • 2024
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AQA 
AS 
BUSINESS 
7131/1 
Paper 1 Business 1 
Version: 1.0 Final 
*jun* 
IB/G/Jun23/E11 7131/1 
For Examiner’s Use 
Question Mark 
Section A 
11 
12 
13 
14 
15 
16.1 
16.2 
17.1 
17.2 
TOTAL 
Friday 19 May 2023 Morning Time allowed: 1 hour 30 minutes 
Materials 
For this paper you must have: 
• a calculator. 
Instructions 
• Use black ink or black ball-point pen. 
• Fill in the box at the top of this page. 
• Answer all questions. 
• You must answer the questions in the spaces pro...
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*NEW*Unit 1 - Exploring Business - (Whole Assignment) - DISTINCTION*Graded
- Essay • 157 pages • 2024
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*Certified Distinction Grade Work* Contains and covers all aspect of Unit 1 Exploring Business Learning Aim A,B, and C with the highest quality: 
Contains every pass merit and distinction tasks: p1,p2,p3,p4,p5,p6,p7,m1,m2,m3,m4,m5,d1,d2,d3,d4 
I will provide a detailed analysis of the steps involved in selling coursework, including the necessary preparations, marketing strategies, and legal considerations. By going in-depth, I aim to provide a comprehensive understanding of the selling process ...
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AQA AS BUSINESS 7131/1 Paper 1 Business 1 Version: 1.0 Final *jun237131101* IB/G/Jun23/E11 7131/1QUESTION PAPER & MARKING SCHEME/ [MERGED] Marl( scheme June 2023
- Exam (elaborations) • 42 pages • 2024
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AQA 
AS 
BUSINESS 
7131/1 
Paper 1 Business 1 
Version: 1.0 Final 
*jun* 
IB/G/Jun23/E11 7131/1 
For Examiner’s Use 
Question Mark 
Section A 
11 
12 
13 
14 
15 
16.1 
16.2 
17.1 
17.2 
TOTAL 
Friday 19 May 2023 Morning Time allowed: 1 hour 30 minutes 
Materials 
For this paper you must have: 
• a calculator. 
Instructions 
• Use black ink or black ball-point pen. 
• Fill in the box at the top of this page. 
• Answer all questions. 
• You must answer the questions in the spaces pro...
-
OCR GCSE Business Paper 1 Exam With 100% Correct Questions And Answers
- Exam (elaborations) • 3 pages • 2024 Popular
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OCR GCSE Business Paper 1 Exam With 100% Correct Questions And Answers 
 
Business plan - Is a simple plan which sets out details on the product or service being sold, where the 
finance is to come from to start the business, how the product is to be marketed and the market 
research carried out. 
Finance - Finance is needed to start a business - maybe a loan or grant. 
Success - For a business can take many forms, including making a profit, surviving and providing a good 
service. 
Resources...
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ITEC - Professional Conduct & Business UPDATED Exam Questions and CORRECT Answers
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What does a home visiting business involve? - ANS The therapist visiting the client's home 
to carry out treatments 
What is a sole trader? - ANS A company where one person controls finance and decisions 
Limited company - ANS A limited company is a company that establishes the business as a 
legal entity separate from a person as an individual 
A private company whose owners are legally responsible for its debts only to the extent of the 
amount of capital they invested
As you read this, a fellow student has made another $4.70
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BPT Exam Scenarios (ICAEW ACA - 2023 UPDATED)
- Summary • 64 pages • 2022
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This document is a set of exam ready notes to be taken into the Business Planning: Taxation (BPT) ICAEW ACA Exam. They provide answers to all scenarios that could come up in the exam which can then be used in the open book exam and tailored to the specifics of the question. The answers discuss the tax implications and relief options. Scenarios include: 
- Takeovers 
- Incorporation 
- Disincorporation and liquidations 
- Trade and asset sales 
- Share sales (+ with mixed consideration) 
- MBOs 
...
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AQA A-level ACCOUNTING 7127/2 Paper 2 Accounting for analysis and decision-making Version: 1.0 Final *jun237127201* IB/G/Jun23/E13 7127/2 A-level ACCOUNTING Paper 2 Accounting for analysis and decision-making /QUESTION PAPER & MARKING SCHEME/ [MERGED
- Exam (elaborations) • 87 pages • 2024
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AQA 
A-level 
ACCOUNTING 
7127/2 
Paper 2 Accounting for analysis and decision-making 
Version: 1.0 Final 
*jun* 
IB/G/Jun23/E13 7127/2 
 
 
A-level 
ACCOUNTING 
Paper 2 Accounting for analysis and decision-making 
Tuesday 6 June 2023 Morning Time allowed: 3 hours 
Materials 
For this paper you must have: 
• a calculator. 
Instructions 
• Use black ink or black ball-point pen. 
• Fill in the boxes at the top of this page. 
• Answer all questions. 
• You must answer the questions i...
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PINV05B Assignment 2 (DETAILED ANSWERS) 2023 (885880) - DUE 30 August 2023, 8:00 AM
- Exam (elaborations) • 18 pages • 2023
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PINV05B Assignment 2 (DETAILED ANSWERS) 2023 () - DUE 30 August 2023, 8:00 AM 100% TRUSTED workings, explanations and solutions. For assistance call or whatsapp us on +25477 954 0132 . 
ASSIGNMENT 02 DUE DATE: 30 August 2023, 8:00 AM 
UNIQUE NUMBER: 
Unless otherwise indicated, you are required to give full reasons for your answers. 
1 On 29 June 2021, Manufacturing Ltd purchased a new R2million (excluding VAT) machine for its 
manufacturing process and immediately put it to work (i.e. brou...
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AQA A-level ACCOUNTING 7127/1 Paper 1 Financial Accounting Version: 1.0 Final *jun237127101* IB/G/Jun23/E14 7127/1 A-level ACCOUNTING Paper 1 Financial AccountingQUESTION PAPER & MARKING SCHEME/ [MERGED] Marl( scheme June 2023
- Exam (elaborations) • 67 pages • 2024
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AQA 
A-level 
ACCOUNTING 
7127/1 
Paper 1 Financial Accounting 
Version: 1.0 Final 
*jun* 
IB/G/Jun23/E14 7127/1 
A-level 
ACCOUNTING 
Paper 1 Financial Accounting 
Friday 26 May 2023 Morning Time allowed: 3 hours 
Materials 
For this paper you must have: 
• a calculator. 
Instructions 
• Use black ink or black ball-point pen. 
• Fill in the boxes at the top of this page. 
• Answer all questions. 
• You must answer the questions in the spaces provided. Do not write 
outside the box...
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Company Law Questions with Verified Answers
- Exam (elaborations) • 43 pages • 2024
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Company Law Questions with Verified Answers 
 
 
Sole Trader Advantages - correct answer -⟨ No filing requirements; fees or professional advice needed for set up 
 
⟨ One person, thus a complex organizational structure is not needed. 
Sole Trader Disadvantages - correct answer -⟨ Not a particularly useful business form for raising capital (finding investors) -money is usually from bank loans or savings 
⟨ Unlimited liability: if business fails creditors can come after your personal asset...
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BME Study Questions with Complete Verified Solutions
- Exam (elaborations) • 61 pages • 2024
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Sole trader - ANSWER business owned and operated by one person 
Advantages of a sole trader - ANSWER Easy to set up , owner keeps the profit, 
accounts are kept private, low set up cost, control hours 
Disadvantage of sole trader - ANSWER 100% liability, stress and responsibility, lack of 
continuity, limited growth, limited access to finance, challenging competition in the 
market, false decision-making, hard-to-take holidays
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