Question $2$: What are the most common methods of payment you are likely to accept for the work you have carried out? Tick all that apply.

a$)$ Cash

b$)$ Debit card

c$)$ Cheque

d$)$ Credit card

Question $3$: What type of business entity could you be when you start your business? Tick all that apply.

a$)$ Sole Partner

b$)$ Limited Company

c$)$ Limited Partnership

d$)$ Sole Trader

e$)$ Limited Liability Trader

f$)$ Limited Liability Company

g$)$ Partnership

h$)$ Limited Liability Partnership

Question $4$: When is the legal requirement for registering that you are self$-$employed with HMRC$?$

a$)$ As soon as you start trading

b$)$ Within $1$ month of trading commencing

c$)$ Within $3$ months of trading commencing

d$)$ Never

Question $5$: When visiting the bank to obtain start$-$up capital $($if required$),$ which of the following should you have? Tick all that apply.

a$)$ No idea what business you want to get into

b$)$ A realistic estimate of start$-$up capital required

c$)$ Estimates that you will be a millionaire in a year

d$)$ A passion for the product

e$)$ Confidence in yourself and your business

f$)$ A well thought out business plan