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Scenario Mr. Neil Down is a sole trader and owns WoodyTrain, a toy store specialising in handcrafted wooden train toys. Mr Neil wants to raise 20,000 by getting a new partner. Instructions 1. Analyse the types of business budgets that Mr Neil Down may have prepared for this business organisation. Recommend how these budgets would allow a new partner to make an informed decision about investment 2. Explain the different methods Mr Neil Down could use to calculate the unit cost of the handcrafted wooden train toys. 3. Compare the format of the financial statements that Mr Neil Down will currently prepare for his sole trader business with those prepared for a partnership and limited company. 4. WoodyTrain has been asked to supply a large number of toys to a large retailer at a discounted price of 50%. Advise Mr. Neil Down on what he needs to consider before replying to the retailer