Why set up a business?

How small businesses operateWhy set up a business?

There are many reasons why an individual sets up in business. For a business to be successful that person will need appropriate skills and qualities along with suitable advice and finance.

There are many reasons why an individual would choose to set up their own business:

to make a profit
to be their own boss
to provide a service
to fill a gap in the market
to develop a hobby
because they have the required skills
because they were made or don't like their current job

Factors of production

Needs and wants

Welcome to My Bitesize, let's get you set up!

How small businesses operateWhy set up a business?

Why set up a business?

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