Business and Management


Write an email to a friend ( formal business communication ) who is thinking of starting their own business. Your friend has decided that after they were made redundant as a result of Covid pandemic that they want to be their own boss and as you are a business school student, they have turned to you for advice and guidance. Their initial idea is to import cheap mobile phones from Taiwan or China and sell them to rural investors in emerging economies who need mobile business communications that is cheap and reliable in order to grow their pwn business, They specifically want to know about the following topics:
-The pros and cons of different legal structures and which would be best for them?
-How they could measure the competitiveness of the market stricture?
Theory that may assist you should include:
-legal structures
-portert’s 5 forces
-market structure
-HMRC import duties


Approximately 250 words