Oliver the Oil Developer
Oliver is a very independent-minded person who likes to run things his own way.He is very hard-working,honest and well-organised.He has a science degree,in which he majored in geology with most of his topics relating to oil-field exploration and development.He also worked for several years on oil rigs off the North Sea.
Oliver believes he could make a success with an oil exploration business of his own,although he realises he would have to raise a lot of money to finance it.
Oliver is considering either a sole trader or a company form of business.Advise Oliver which you think is best for him,stating 3 reasons relating to his circumstances.

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The Answer of Oliver the Oil Developer
Oliver is a very independent-minded person who likes to run things his own way.He is very hard-working,honest and well-organised.He has a science degree,in which he majored in geology with most of his topics relating to oil-field exploration and development.He also worked for several years on oil rigs off the North Sea.
Oliver believes he could make a success with an oil exploration business of his own,although he realises he would have to raise a lot of money to finance it.
Oliver is considering either a sole trader or a company form of business.Advise Oliver which you think is best for him,stating 3 reasons relating to his circumstances.