1) How many people are self employed in the UK? a) 66 million b) 300 Thousand c) 2.5 Thousand d) 4.2 million 2) In 2022 how many people are approximately employed in the sports and fitness industry in the UK? a) 1 Thousand b) 3.3 million c) 60 million d) 160.6 Thousand 3) Which of the following is a type of self-employment? a) Trading Specialist b) Sole trader c) Trading Magician d) Numbers Trader 4) Which of the following best describes a Sole trader a) This is essentially a one man band b) Working in partnership with other companies c) A form of business that is separate from its owners d) A form of business that allows discussion between partners 5) Which of the following is an advantage of working in a partnership? a) It can involve long working hours b) Can be conflict between owners c) You can keep all of the profits d) There is shared responsibility for debt 6) Which of the following is a disadvantage of a Limited company? a) High Level of responsibility b) it can be very time consuming to set up c) shares in the business can be sold to raise money d) Partners can bring in more skills 7) Which of the following is an advantage of working as a sole trader? a) it can involve long work hours and stressful conditions. b) it gives individuals the opportunity to be their own boss c) partners bring more skills and ideas d) profits have to be shared between the partners 8) Which of the following is a type of trading practice? a) Profit making b) Individual Trading c) Freelance d) Public Trading 9) Which of the following is an example of a freelance opportunity in sport? a) Sports Photographer b) PE teacher c) Lifeguard d) Leisure assistant 10) Which of the following is an example of a Franchise? a) Reebok b) Nike c) Pure Gym d) Adidas

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