Eric is going to set up sole trader business as Decorator. he knows that he will be responsible for his business' s debts and some accounting responsibilities , however , he does not know about steps...

Eric is going to set up sole trader business as Decorator. he knows that he will be responsible for his business' s debts and some accounting responsibilities , however , he does not know about steps for starting a business.

Required:  in 500 words provide steps for starting a new small business.