Produce an imaginary business. To do this I must research into all aspects of a business, using books, people, and computer resources. To help me do this I will create action plans that I will evaluate and redesign as I proceed during the project.

The first 200 words of this essay...

This project requires me to produce an imaginary business. To do this I must research into all aspects of a business, using books, people, and computer resources. To help me do this I will create action plans that I will evaluate and redesign as I proceed during the project. The reason for the action plan is to help keep track and organise what I am doing, it also shows points that I must cover for my business to be successful. In this project there are certain parts of the project that can be decided before I created a action plan these are:

What will I sell- I will sell electrical goods like televisions, videos, and hi-fis

My shop name- I will call my shop "RPES" (Raj Popat's Electrical Goods Store.)

After a lot of thinking I have decided to place my shop in Wood Green shopping Centre. The cost of rent in the particular shop I have decided on is £36,000 per annum.

From what I already know I have decided to make my business a sole trader operation as these are the easiest to set up. Also in a sole trader business I will get