Question

Your friend, Amin, is an expert computer engineer. He currently works for a large computer
manufacturer. He thinks that he could run his own successful business. He has no experience
of running a business. He has very few savings to invest into a business.
Amin has a rich uncle who knows nothing about computers! He is a retired businessman.
He is friendly but rather bossy as he always thinks he knows best.
Amin asks for your advice about whether he should set up his own business and what
form of organisation he should choose. He asks for your help on three questions that are
worrying him
a) Identify and explain two advantages and two disadvantages to Amin of running his own
business rather than working for the computer manufacturer
b) Do you think he should set up a sole trader business?
c) Explain your answer.
His uncle would like to become his partner in the business if Amin decides to go ahead
Identify and explain two advantages and two disadvantages to Amin of forming a
partnership with his unde.​

Answer 1

Answer:

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Explanation:

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