G9 Business Ownership Structure

• Business Studies
• Secondary Education
• Age 13

Wednesday, th October 2024

Is it better to go into a business by yourself or have a business partner?

own a business by myself

own a business with a partner

What is a disadvantage of a sole trader?

1. share profit
2. work on your own time
3. work long hours

What is a disadvantage of a partnership?

1. share profit
2. work on your own time
3. share ideas

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Reem likes Korean culture. She decided to open a Korean cafe in Dubai. She owns the cafe with her friend Ameera.  

Reem's business is which business structure?

1. sole trader
2. partnership
3. -
4. -

Reem likes Korean culture. She decided to open a Korean cafe in Dubai. She owns the cafe with her friend Ameera.  

What is a disadvantage of a partnership structure?

1. The owners have to work long hours
2. The two owners have to share the profit.
3. They might not have the skills to run the business.

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Activity 4 

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I have mastered today's lesson!

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