Exploring Self-employment Opportunities

What is the simplest form of self-employment where an individual runs their own business and is personally responsible for its debts?

• Partnership

• Sole trader

• Limited Company

• Franchise

Which type of self-employment involves two or more people sharing the responsibilities and profits of a business?

• Sole trader

• Limited Company

• Partnership

• Freelance

What is a business structure that offers limited liability to its owners and is a separate legal entity from its owners?

• Sole trader

• Partnership

• Limited Company

• Social enterprise

Which trading practice involves an individual working independently, often for multiple clients, without being committed to a single employer?

• Franchise

• Freelance

• Portfolio of careers

• Community and cooperative business

What is a business model where a person buys the rights to open and operate a location of a larger company?

• Franchise

• Social enterprise

• Non-profit organisation

• Limited Company

Which type of business focuses on achieving social objectives and reinvests profits into the community or the business itself?

• Sole trader

• Social enterprise

• Partnership

• Freelance

What is a business that operates for the benefit of the community and is owned and managed by the people who use its services?

• Community and cooperative business

• Limited Company

• Franchise

• Portfolio of careers

Which type of self-employment involves having multiple careers or jobs at the same time, often in different fields?

• Sole trader

• Portfolio of careers

• Partnership

• Non-profit organisation

What is an organisation that operates for purposes other than making a profit, often focusing on charitable, educational, or social goals?

• Limited Company

• Non-profit organisation

• Franchise

• Freelance

Which of the following is NOT a type of self-employment?

• Sole trader

• Partnership

• Limited Company

• Employee