Concept:Factors relevant for deciding to start a retail trade exclude those that apply only after the business begins operations.
Explanation:Before starting a retail trade, a trader must plan the size of the business, such as floor area and stock levels.
The nature of the business, including the type of goods and target customers, is also essential.
The amount of capital required determines whether the trader can fund the startup and initial operations.
However, the level of tax payable is not considered before starting.
Tax liabilities arise after the business earns income and depend on tax laws and profit levels, not on the startup decision itself.
Therefore, tax payable is not an initial factor for setting up a retail trade.
Answer:D. Level of tax payable