Factors considered when setting up a retail business is one of the following _________
capital, experience and trading
experience, term of trade, and trading
capital, trading and term of trade
capital, type of goods and source of supply
Correct answer is D
Capital is one of the major factor that determines the form and size of a business and must be considered when starting a retail business.
Source of supply has to do with where and how to get the goods to be sold, either from the wholesaler or manufacturer.
Types of goods determines what the product is.