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Peer Reviews
Here's what a star student thought of this essay
Quality of writing
The presentation of the report is quite poor. I would personally advise creating a number of sub-headings and explaining the definition, advantages and disadvantages in three different paragraphs. This allows the student to explain in more detail, as currently this method doesn't allow the examiner to read in-depth understanding.
Level of analysis
Though-out the report, the student hasn't given any justification to there understanding. For example the student could state 'Finances aren't raised easily, as there is only one person, and this is an issue. The capital the person can input may be small and additional funds (such as bank loans) may be difficult to acquire due to the bank may not have confidence within the business at this stage'. In addition, the last paragraph regrading the reason to choosing an Sole Trader option is quite weak. The report should state that the person isn't going to generate large profits, thus an sole trader would be the most effective business set-up.
Response to question
In summary, the report is quite poor. The report lists the definition, advantages and disadvantages within a table of the different business set-up's. However the table doesn't give much in-depth understanding and this is shown within the report. A 'Sole Trader' is owned by one person, however the business can be managed by a number of people. The student states that only one person manges the business, and this is in-correct. The above would needed to be implemented to gain high marks.