Why might two people set up as a partnership rather than as sole traders?

Q: How do I try a free Edexcel Business Studies question?

Just tap any of the four options on this page — no signup, no card, nothing to install. You'll see the correct answer and a full mark-scheme-style explanation within a second. Each visit shows a fresh randomly-picked question from the live Edexcel GCSE Business Studies bank, so you can keep refreshing to try different ones before deciding whether to create a free account for daily access.

Q: Is Kramizo really free for Edexcel Business Studies students?

Yes — completely free. Every student gets 45 questions a day on the free plan, across any board and any subject, with no card required and no trial countdown. Kramizo's optional Pro plan removes the daily cap and adds analytics, but the free plan is genuinely free forever. We make money from the small percentage of students who choose to upgrade — not from selling data or ads.

Q: Are the Business Studies questions aligned to the Edexcel GCSE syllabus?

Every question is written against the published Edexcel GCSE Business Studies syllabus and reviewed for accuracy before being added to the bank. We match the command words (state, describe, explain, evaluate), mark allocations, and difficulty tier you'll see on real Edexcel past papers. Explanations are written in the style of official examiner mark schemes so students learn exactly what marks are being awarded for.

Question

Why might two people set up as a partnership rather than as sole traders?

Accepted Answer

They can share the workload, combine different skills and raise more capital between them — Award 1 mark. The drawbacks are shared profits and the need to agree decisions.

Answer

Partnerships pay no tax

Answer

Partnerships automatically have limited liability

Answer

They can share the workload, combine different skills and raise more capital between them

Answer

A partnership is required by law for businesses with more than one owner

One real Business Studies question.No signup. 30 seconds.

One real Business Studies question.
No signup. 30 seconds.