Compare and contrast the Sole Trader and Private Limited Companies

IMPORTANT INFORMATION

You are required to: 

1. Compare and contrast the Sole Trader and Private Limited Companies. What type of business entity would you recommend a potential start-up enterprise that wants to start a business as a landscape gardener and the process to register that business? You must also justify your decision;
2. The potential business investor (above) has been to the Bank Manager to enquire about a loan to buy a new van and gardening equipment for use in the business. The vehicle and equipment will cost 40,000 Euro. The Bank Manager has asked him/her to submit a Business Plan for the business but he has no idea what a business plan is, its purpose or what should be included in it. You must outline to him/her the contents of a business plan, its purpose, its advantages, and disadvantages;
3. For a country of your choice outline five different types of industries that exist and the impact they have on the overall economy of the country.