Part A.

Errol Anderson is going to set up a business repairing and servicing cars. However, he's uncertain whether to choose a sole trader business or a partnership, also he does not know about the steps for starting a business. He wants you to consult him on the following matters.

• Explain the advantages and disadvantages of each type in detail (300 words)

• provide 5 steps for starting a new business. (300 words)