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Introduction In this coursework I have been set a task to set up my own business using the information I have received in my school lessons. I will borrow a £20,000 loan from the bank to start up my business. I have chosen to open a traditional restaurant serving mainly Indian dishes. It will be called Kashmiri Spices. The reason why I have decided to open a restaurant is because it is easy to run and does not require difficult work. I will run the business on my own, being a sole trader so I have total control and earn all the profit which is made. Being a sole trader, I am aware that I will have unlimited liability which can be a scare but I have researched thoroughly and am confident that the business will run well. Type of business Sole traders Sole trader describes any business that is owned and controlled by...

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