My new business shall be located around Norwich area (looking for a higher area of unemployment). My business will be in the private sector. The shop will be selling speakers and accessories. I am deciding whether to start my business as a sole trader or in a partnership. Im going to way out the advantages and the disadvantages and I am going to judge what it is to be.
Sole trader:
Partnership:
After considering the two options I have decided to enter my shop under a partnership as it will have an extra capital to start off with and there will be not as much work as there would be if I was a sole trader.
