INTERACTIVE VIDEO

Get ready to explore the world of business with this interactive video. Once launched, you'll dive into interactive activities, master case study analysis, and challenge your knowledge with a multiple-choice quiz
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OVERVIEW

Let's dive further into the world of business ownership, with a specific focus on the most popular form of ownership: operating as a sole trader. In this interactive video, we will explore the advantages and disadvantages of this ownership structure, and how it affects the day-to-day operations of a business.

We'll discuss the fact that the owner of a sole trader business is fully responsible for any debts the business incurs, as well as paying income tax, National insurance, and complying with important legislation. Using Ben Charles as our main example, we'll explore how he recently started his own business, Snapped Wedding Photography, in the Highlands of Scotland as a sole trader.

By examining Ben's experience, we'll discover how being a sole trader allows him to receive all the profits generated by his business and make decisions more quickly. He is also able to offer a more personal service to his customers, giving him a competitive advantage and separating him from his competition.
So let’s continue to explore the fascinating world of business ownership and how being a sole trader can impact your business!
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  • DETAILED EXPLAINER VIDEO
  • 10 QUESTION MULTIPLE-CHOICE QUIZ
  • 6 INTERACTIVE ACTIVITIES
  • INTERACTIVE CASE STUDY
  • SUPPORTING STUDENT WORKSHEETS

CASE STUDY ANALYSIS
ROCKET JACK DESIGNS

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  • The interactive case study explores the success story of RocketJack Design, a small sole trader business that sells modern art prints, personalised posters and greeting cards. Simon West, the founder and owner of the business, started selling his artwork via Etsy and has now expanded to his own website and online store. The business has been growing in success and has recently been featured in magazines such as Style at Home.

Teacher Resources

Below you can find a range of teaching resources, from printable PDFs to Google Forms, along with an uninterrupted video to play to the entire class.

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Interactive Videos

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 Case Studies

Interactive Activites
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