GCSE Business Studies UNIT 1 Sample Pack

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FOLLOWING THE CCEA SPECIFICATION

GCSE Business Studies

UNIT 1 Sample Pack

PRODUCT SAMPLE

Benefits of purchasing product packs from GO2Educate:

Affordable, classroom ready and user-friendly starter packs

Saving teachers’ endless hours of preparation

Presentation is editable so it can easily be updated over the course of the specification

Resources can be used electronically within the school network by teachers and pupils in your school

Booklets can be printed and distributed to pupils in sections or as one complete resource

Pupil notes are kept in order for quick reference and revision

Release date: October 2017

THE SAMPLE CONTAINS:

- A full summary of what is included in the pack AND a snapshot of the layout and content

in the student booklet, teacher booklet and PowerPoint

https://homeschoolondemand.com/index.php/go2educate-business-it/


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THE FINAL PRODUCT INCLUDES:

√ Scheme of work for Units 1 to 3

- Scheme Overview

- Time Plan

- Key Topics and Learning Intentions

- Starter & Plenaries suggestions

- Core Teaching & Learning Activities

- Resources List

- Assessment and Key Skills

√ Complete Student Booklet for Unit 1: INCLUDES 82 A4 PAGES

- Key facts and definitions

- Theory lesson activities, including realistic case study scenarios

- Business Studies case studies and documentation

- Practical interactive projects

- Useful links

√ Complete Teacher Booklet for Unit 1

- Suggested lesson structure for each key topic

- Useful website hyperlinks - Starters and Plenaries

√ Teacher Editable PowerPoint for Unit 1: INCLUDES 159 SLIDES

- Learning intentions - Key facts and definitions - Starter activities

- Teacher answers to classroom activities (exception open ended and research tasks)

Teaching and Learning material is designed to be flexible and ready for use in the classroom. However, it

should be noted that resources are created to be adaptable for a number of reasons. It is expected that

different schools have different timetable allocations for student groups, courses evolve over time and

teachers teach a wide range of abilities with specific needs. Therefore the teaching and learning material

should be considered as a basic starter pack designed to follow the content of the specification. *NB Most

of the colour has been removed in actual documentation for ease of printing.



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FOLLOWING THE CCEA GCSE

SPECIFICATION

BUSINESS STUDIES

Unit 1 Sample Pack

STUDENT WORKBOOK

SEPTEMBER 2017

Student Name: _________________

Registration Class: ______________

Teacher: ______________________

SITE LICENCE

Name of School:



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TOPIC TRACKER

Content Learning Outcomes Tick/Date as topics are completed

Creating a Business Students should be able to:

Entrepreneurs Describe what it means to be enterprising

Identify and explain the key entrepreneurial characteristics displayed by successful business people (risk taking, innovation, decision making, determination, leadership, planning, persuasiveness)

Analyse why the government encourages enterprise

Analyse the nature and rewards of risk taking

Business Resources Explain the resources a business needs: Land, Labour, Capital, Enterprise AND

Analyse how businesses use resources differently

Business Ownership Demonstrate knowledge and understanding of why and how a business starts

Identify and describe different sizes of businesses, including micro, small and medium-sized enterprises

Identify and describe different types of business ownership

Evaluate each of the following types of ownership: Sole-trader, Partnership, Franchise, Private Limited Company and Public Limited Company

Compare and contrast different types of private sector companies considering ownership, control and decision making, finance and liability

Public Sector Explain the meaning of the term public sector

Compare and contrast public and private sector organisations in terms of ownership, purposes and aims, control and finance

The Role of Social Enterprise

Explain the meaning of the term social enterprise

Analyse how a social enterprise aims to deliver across a range of economic, social, competitive, sustainable and environmental outputs

Business Location Explain the factors that influence the location of business locally, nationally and internationally: proximity to raw materials; proximity to market; availability and price of land; government influences; communication; and transport infrastructure and parking

AND SO ON...



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Why and how a business starts?

Deborah draws a distinction between being in business and being an entrepreneur. What is the difference?

What key attributes and skills does Deborah suggest entrepreneurs should have?

What reasons do individuals become entrepreneurs? *Add your own ideas

STUDENT ACTIVITY

Watch the You Tube clip

https://www.youtube.com/watch?v=UT8m_uPT7wI Deborah is providing

advice to aspiring and new entrepreneurs. Deborah is a very wealthy

entrepreneur, most famous for her position as one of the dragons in

‘Dragons Den’. Using the key titles provided below, write down the key

points that she makes during her speech.


https://www.youtube.com/watch?v=UT8m_uPT7wI


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ASPIRING ENTREPRENEURS

Read about the experiences and feelings of aspiring entrepreneurs.

What is the key reason why they want to start their own business?

Match up the Comments with the potential key reasons.

Karen works in a busy office. She is totally fed up!

Her boss expects her to work extra hours at short

notice for no extra cash. She has decided to pack it

in to start her own business and provide office

services to businesses from home.

John loves creative artwork and spends all of his

spare time designing cards and posters for friends,

family and the local community association. He

has decided to try his hand at doing it for a full

time job.

To pursue a passion

For income

For a new challenge

Community Interests

Pursue a passion

Donna is a Primary School teacher and has just had

her second child. Donna has decided that she

would like to be able to care for her children full

time, but will need an alternative income. Donna

has decided to offer tutoring services.

To be their own boss

Terry lives in a village with around 5000 people.

There are local shops, but Terry has always

wondered why there is no cafe. He is bored in his

current job and has always wanted a business.

Terry decides to apply for a loan to open a cafe.

Flexibility

Spotted a gap in the market

Can you think of any

other reasons not listed

above?



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ENTREPRENEUR CHARACTERISTICS

STUDENT ACTIVITY

Look at the following images. Identify one word that identifies the

characteristic and fits the illustration. Can you think of one more?



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ENTREPRENEURSHIP: Key Terms and Characteristics

An entrepreneur is someone who sets up a business and takes financial risks and

encounters challenges to develop and sell new ideas or products with the aim of making a

profit. Enterprising means seek out new ideas and show initiative to follow them through.

KEY ENTREPRENEURIAL CHARACTERISTICS

Risk taking is part and parcel of setting up a business. Many entrepreneurs give up a

monthly salary and put their entire career at risk to pursue a business venture. Starting a

business can be costly and in many cases entrepreneurs will have to use personal savings,

rely on a loan or seek a grant to set a new business up and get it going. This can be a

stressful experience and will require much dedication, time and effort to make it a success.

Entrepreneurs are innovators because they must constantly come up with new ideas and

products, foresee problems and create solutions as issues arise.

Entrepreneurs are decision makers as they will have to make decisions on a daily basis.

Being in charge of one’s own destiny means an entrepreneur have to choose the direction

they want to go in, decide how they are going to get there and take actions to achieve a

goal.

A great deal of determination is required by entrepreneurs to make the business a success.

Success generally doesn’t come overnight and they are likely to experience many failures

along the way. Sometimes original ideas don’t work and entrepreneurs will have to listen

to feedback from their customers to adapt and change the product or service.

Entrepreneurs may change their path, but they never give up!

Leadership skills are necessary for an entrepreneur to get employees on board as the

business is reliant on their contributions to achieve success. Leadership involves having a

vision, communicating that vision, involving staff in decision making, motivating

employees, leading by example and delegating tasks to get things done.

Effective planning is required prior to the launch of a new business and to get things done

when the business launches. Entrepreneurs will have a strategic vision (a long term plan of

where they want to be 1, 3 and 5 year’s time), a weekly and daily plan of tasks that need to

be carried out to meet goals. Planning involves researching and evaluating all the options,

so that if one idea doesn’t work there is another one in place ready to go.

Entrepreneurs are generally very persuasive people. They have to be able to persuade

customers to buy their product and/or service and to get staff on board. Entrepreneurs

need to be able to communicate and connect with other people to make the business a

success.



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Types of Business Ownership

Type of Business: Category: Reason for Choice:






STUDENT TEAM ACTIVITY

Your teacher will provide you with the images shown below

representing different types of businesses. In allocated teams, you are

to decide the type of business the image represents and group the

pictures into categories and display on an A3 Page. Your team decide

on the categories, but must explain why each image is a best fit!



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KEY TERMS

Sole Trader

As a sole trader owns and runs their own business as self-employed. A sole trade must

register for self assessment and have certain responsibilities to meet legal

requirements, such as recording income and expenses, paying National Insurance and

paying tax on profits. Sole traders are responsible for all profits and losses in the

business, therefore have unlimited liability. Most businesses usually start out as a sole

trader and are relatively small businesses. For example: hairdressers, corner shop,

beauty salon, Freelance Designer.

Partnerships

A partnership has a minimum of 2 and a maximum of 50 partners. In a partnership, the

partners share responsibility for the business; including expenses, profits and losses.

Therefore, partners also have unlimited liability. Partnerships must also be registered

with HM Revenue and Customs and usually have a legally binding agreement called a

‘Deed of Partnership’. This agreement sets out the terms of the partnership. For

example, financial contributions, individual roles and responsibilities, share percentage

of profit and losses. Common examples include: Dentists, Accountants and Solicitors

When any business reaches £85,000 annual sales they must register to pay VAT on top

of tax, which is currently 20%.

Master Fix Anything John has worked in the general handyman for a building company for many years. He was

recently laid off and has decided to set up his own business. John has a knack and is well

known by family and friends for his ability to fix almost anything. From computers to

bicycles, toys and games, John just loves fixing items for other people to see their smile

return. John has been approached by a co-worker that he has known for the last 2 years to

set up a partnership. His co-worker owns a large shed at his home, which would be ideal for

the business premises. Although John has less space at his home, he is not sure whether he

wants to avail of this opportunity. John has approached you as his business adviser to

research further whether he should proceed as a Sole trader or a Partnership before he

makes any final decisions.



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Sole Trader

Advantages Disadvantages

Partnership

Advantages Disadvantages

Recommendations for John (give reasons for your decision):

Your teacher will provide you with cards summarising information from

experts on business ownership. Using your own ideas and statements in

the cards summarise the key advantages and disadvantages of each.



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Stakeholders

Owners/Shareholders are the owners of the business or company. Their key interest in the

business is profitability or share value and dividend return. Other interests may include

personal satisfaction, growth and reputation of a successful business. Directors are

accountable for reporting to Shareholders and for the success/failure of the business.

Managers/Employees are employed in specific roles with certain responsibilities. Their key

interests may include salary, job security, job satisfaction, opportunities for promotion and

fringe benefits e.g. health care, bonus.

Consumers/Customers will be interested in value for money, product range, product

availability and the customer service provided.

Producers e.g. suppliers will have an interest in businesses they currently or can potentially

sell parts or services to. Suppliers will be interested in their growth, ability to pay on time,

potential and ongoing supplier contracts.

Lenders such as banks will be particularly interested where they have loaned money to a

business and if they have a business account. They will want to know that the business is

capable of paying debts and meeting interest payments.

Pressure Groups such as Trade Unions are groups of employees who represent their

members e.g. NASUWT teachers union, who seek fair employment conditions and pay for its

members.

The Local Community will be interested in the impact of businesses opening or closing in the

local area, for example, job opportunities, wealth and impact on families in the area,

environmental impact e.g. noise, pollution

CONFLICT can occur between stakeholders because their key interests might be very

different.

Proposal for Mall in Polly Town

Polly town has a population of 20,000 people. The proposal put forward by Mr Prom is to knock down a row of

shops and replace with a new Mall. In order to build a new mall in the town, four shops will need to be knocked

down. This includes: a newsagents, a greengrocer, a bakery and a hairdressers. The owner is making a very

healthy cash offer to the owners to be able to knock down their premises. According to the owner, the new

Mall will have a lot more to offer including: a supermarket, a cafe, a beauty parlour and a bookshop. He

maintains that it will offer new job opportunities to the local community and can provide a wider range of

goods and services.

COMMUNITY GROUP REPRESENTATIVES: MALL OWNER, CURRENT SHOP OWNERS, LOCAL COMMUNITY,

ENVIRONMENTAL GROUP, LOCAL SUPPLIERS e.g. Farmers, LOCAL GOVERNMENT

You will be allocated to a stakeholder group. Each group must consider their

position and prepare to take their key points forward to the town hall meeting

for a debate on the matter. As part of preparing, each group should also have

at least 1 question prepared to ask other groups. Appoint a leader to

contribute to the debate. Your teacher will act as the Chairperson.



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The Role of Social Enterprise

Student Activity: Read over the interview responses and answer the following questions:

Interview with Jennifer McWilliams, Antrim Enterprise Agency Ltd

Why was Antrim Enterprise Agency set up?

Antrim Enterprise was formed in 1991 because of the Enkalon Plant closing which led to high unemployment rates

in the borough. The idea was to provide starter units to stimulate self employment, thus aiming to reduce

unemployment levels in the area. The funding was provided by LEDU (Now Invest N.I.) to build it. Antrim

Enterprise is one of thirty-two models across N.Ireland. Antrim Enterprise legal status is as a Limited Company

with a voluntary Board of Directors and is also has Charitable Status.

What are the key objectives of Antrim Enterprise?

- to reduce unemployment

- stimulate self employment

- provide work space accommodation that is more favourable than in the private sector

- opportunities for businesses to network e.g. Healthy Entrepreneur Day, Open Coffee Day, Networking Evenings

- conference facilities and a hub where business groups can meet, network and socialise

- operational education and training on the fundamentals for running a business

- mentoring and voluntary advice for small enterprise

- contribute to educational enterprise schemes such as volunteering with Young Enterprise

- enticing visitors into the local area e.g. Contributions to Antrim Summer Festival

- providing small grant opportunities e.g. Business Idea Competition is on its 2nd Year

- positive contributions to the environment e.g. British Standards – recycling, solar panels on

buildings, food compost.

How do you measure the success of Antrim Enterprise?

- 98/99% of our business units are occupied at all times

- we receive 300 to 400 enquiries from individuals starting a business every year

- we either meet or exceed all our targets for any organised events e.g. attendance

Q1) Explain the meaning of the term ‘social enterprise’

Q2) How does the social enterprise contribute in delivering economic output in terms of employment?

Q3) How does the social enterprise contribute in delivering social outputs e.g. developing a sense of community?

Q4) How does social enterprise contribute in delivering environmental outputs e.g. sustainable business practice?



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Introduction to Training in the Workplace

STUDENT ACTIVITY

Look at the following scenarios and write your ideas in the textbox beside the

speech bubbles as to what kind of training each person might require.

2. Liaise with a nearby pupil to collect their e-mail address. Send an

email that includes the following:

To: email address

Subject: advantages and disadvantages of email

An attached word document – with your listed advantages and

disadvantages (saved as this)

Mark the email as URGENT!

Hi, I’m Kyra. I am just about

to start my new job

tomorrow as a Shop

Assistant in Polly Town Mall.

EXAMPLES OF POSSIBLE TRAINING REQUIRED

My name is Steve and I have been

working as a plumber for the last 20

years. My boss has put me on a

training course next week. Why on

earth do I need training at this

stage?


I’m Mrs Morrison and have

been a Business Studies

teacher for the last 5 years.

Ongoing training is just part of

the job. Can you think why it

never ends?




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Training: Key Terms

PURPOSE OF STAFF TRAINING

Induction Training is important for new staff to understand the business, key aims and

objectives of the business, its customers and competitors. It is also important for new staff

to know their way around the workplace, procedures and protocol (acceptable standards)

and other employees’ roles. Most importantly new employees need to have a good

understanding of the expectations of the role they have been appointed to and how to

complete duties and tasks assigned to them. The more knowledgeable the employee is, the

more proficient they will be at their job and less supervision will be required.

Continuing Professional Development is required to review, update staff and implement

new working practices, changes in procedures and legislation. On-going training also helps

to keep employees motivated, encourages team work and provides training that may be

useful for internal promotion. If employees are confident and competent, the business will

benefit from increased productivity within the workforce. Training also helps the business

to remain competitive with other similar businesses.

Health & Safety training is essential in all workplaces to meet Health & Safety legislation.

Good employers will want to ensure employees are equipped with knowledge and

understanding of how to stay safe in the working environment. Employees must know and

understand health & safety work procedures and what to do in emergency situations.

The introduction of new technology will mean that employees will require upskilling, so that

they can operate new equipment, hardware and software safely and confidently.

MAIN METHODS OF TRAINING

On-the-job training takes place in the workplace. This might mean shadowing or working

alongside employees who are already familiar with the workplace and the appointees role

or a similar position. Essentially the person is learning by doing. The purpose is to address

the specific needs of the business by allowing employees to adjust gradually into a new

position or responsibility. On-the-job training is a cheaper option compared to off-the-job

training, however, will be a slow process as employees learn and does not provide the

opportunity for employees to learn new concepts outside the business.

Off-the-job training takes place outside the workplace. This may involve a one day course, a

week’s course, once a week or in the evenings for a certain period of time. Training may be

delivered by specialist personnel or a course provided, for example, by a Regional College or

University. The course might be online or require the employee to travel to a specific

location. This type of training may provide the employee with an opportunity to attain a

new qualification. Off-the-job training can be time consuming and expensive. If the course

is completed outside of working hours it may also rely on the employee’s willingness and

commitment. One of the key benefits is that new ideas can be brought into the business.



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Training: What is a competitive business?

A COMPETITIVE BUSINESS EXPLAINED

We have talked about how staff training can help a business to remain competitive. So what does being

competitive mean? In simple terms, this means that a business is able to compete with other similar

businesses in the local, national or global market.

There are a number of ways that businesses can remain competitive. For example:

The products and/or services to customers provide value for money (the best value for the price)

The business is sustainable i.e. continues to attract custom, makes a profit

The business has a competitive advantage, for example, a unique selling point that makes their product or

service slightly different from the others.

The business continues to be innovative and come up with new ideas

The business provides an excellent customer service

Young Enterprise Crafted Cards are not

happy. A rival team have copied their idea to

produce specialised cards to sell to students

and teachers. You are the groups mentor and

have been asked to provide a ten minute

training session to give the group ideas on

how they can remain competitive! Place your

ideas for the training session in the textbox to

the right summarising the advice you will give

the group.

HOW TO REMAIN COMPETITIVE!



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Marketing: Market Research

Marketing in business is the process of identifying what customers want, developing a product or

service that meets customer requirements, then promoting and selling that product or service.

Customer needs are identified by carrying out Market Research. The two key methods of market

research used to gather information about the market are called Primary (field) Research AND

Secondary (desk) Research.

Primary Research is new and original research carried out by the business itself. There are a number

of different types of primary research including: questionnaires/surveys, interviews, focus groups.

Secondary Research is finding information that is the processing of finding and collating research

already produced, for example, previous research already carried out by the business, government

statistics, competitor websites and reports.

GO2VirtualAssistant has 2 key

areas to her business:

(1) to develop and sell

educational resources

(2) Providing Virtual Assistant

Services to Schools &

Businesses

Before launching the business,

a great deal of market research

had to be carried out. Here are

some examples of Secondary

Research GO2VirtualAssitant

found.

Source: Virtalent In a research report, it is predicted that by 2018, online working including virtual assistant service will be worth $5 billion as the demand for online

virtual working continues to grow. Small businesses and startups are keen to focus on

saving on costs and streamlining their business more than ever before. So it’s a clear indication

that virtual assistance outsourcing is highly needed in UK.

Source: http://startups.co.uk/

By 2018 online work will be a $5bn global market, according to research by Staffing

Industry Analysts. There are 1.7 million self-employed freelancers among the 4.2 million

business owners in the UK.

What type of research is this?

How is this information useful to GO2VirtualAssistant?

10 out of 15 secondary schools confirmed they

would purchase at least one GCSE resource

20 small to medium businesses were

approached to identify interest in virtual

assistant. 5 businesses confirmed they would

have an interest in using GO2 Virtual Services

on an ad-hoc basis

What type of research is this?

How is this information useful to GO2VirtualAssistant?


http://startups.co.uk/


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Market Research: Primary Research

Primary Research is new and original research carried out by the business itself. There are a

number of different types of primary research including: questionnaires/surveys and interviews,

focus groups.

Questionnaires/Interview Surveys are usually put together as a list of questions to establish

opinions. Businesses often survey employees and customers about their views. This would be

particularly important if the business were to consider launching a new product. Questions may

require a direct answer such as yes/no, true/false (Quantitative Data), provide a range of

answers for the interviewee e.g. Top, Middle, Bottom (Quantitative Date) or allow the user to

enter their own response (Qualitative Data). Surveys can be carried out face-to-face, sent in the

post or sent/made available through an online platform e.g. Social Media, Business Website.

Sometimes businesses even text follow up questionnaires to a customer’s mobile phone after a

service has been provided or a product delivered.

Focus Groups are often used to facilitate more lengthy discussions and open questions.

Discussions and/or questions and answers may be recorded and analysed later. Focus Groups

are particularly common in the food industry, whereby individuals are invited to test products

before they are launched.

GO2VirtualAssistant

is considering developing an APP

for GCSE BCS that can be

accessed on any digital device.

The course will be aimed at

students studying Business

Communication Systems.

GO2VA believes you would be

perfect to carry out the Market

Research for this product!

TASK A

Design a Questionnaire to establish the following:

- Would students be interested in this type of

resource?

- What kind of content should be included? For

example: definitions, study guidance. I’m sure you

can think of others!

- What sort of design should GO2VA use?

- What features should be included? E.g.

animations, videos, quizzes etc.

- What is the best method to inform students when

the product is ready?

- What price would students/parents be willing to

pay?

*You can either do this task on MS Word and print it

5 times or design it online using Survey Monkey.

*You will need to sign up for a free account

TASK B

Ask 5 people to complete the questionnaire and

summarise responses in a table e.g. excel and

produce a graph to illustrate the findings!



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Market Research: Secondary Research

Use your own experiences, suggested web links and Internet Research to evaluate Primary and Secondary Research

http://www.ianswer4u.com/2012/02/primary-research-advantages-and.html#axzz4qcV7VVpX

https://www.boundless.com/business/concepts/primary-market-research-0-8219/

http://www.ianswer4u.com/2012/05/secondary-market-research-advantages.html#axzz4qcV7VVpX

http://www.managementstudyguide.com/secondary_data.htm

PRIMARY RESEARCH

ADVANTAGES DISADVANTAGES

SECONDARY RESEARCH

ADVANTAGES DISADVANTAGES

Secondary Research is finding information that is the processing of finding and collating research already

produced, for example, previous research already carried out by the business, government statistics,

competitor websites and reports.

GO2VirtualAssistant

is hopeful your results are

positive, but it is always good to

do some secondary research ...

especially to find out what is

currently available on the

market!

TASK A

To do this you will have to find out about what

educational APPS are currently available on

the market (it can be for any subject). You

should review the type of content that is

included, design, features and cost.

If you find Business Studies related apps, you

should discuss the relevancy to the BSC course

when you are evaluating its usefulness.

You should also carry out some general

research on BEST SELLING APPS, HOW TO SELL

AN APP etc.

TASK B

Type/Write up a short report detailing your

findings and include web links you have used

at the bottom of the report. *Use screen

shots and images to illustrate. Market Research

Advantages & Disadvantages



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TYPES OF PRODUCTION: INTRODUCTION

Can you identify which sector the following businesses belong to?

Business: Sector: Reason for choice:





KEY TERMS

Production is the process of extracting, manufacturing and selling products or services. There are 4

main types of production: Primary, Secondary, Tertiary and Quaternary Sectors

The Primary Sector refers to industries which extract raw materials from the earth. These tend to

be industries that make use of natural resources. Examples include: farming, fishing, forestry and

mining.

The Secondary Sector refers to industries which process the raw materials into a tangible product.

Examples include: manufacturing and construction.

The Tertiary Sector refers to industries and organisations which provide services. Examples

include: transport, retail, tourism, health and education. There are, however, many more.

The Quaternary Sector is a relatively new definition describing industries based on knowledge and

skill. This includes knowledge-based services such as consultation, Information technology and

research and development.



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TYPES OF PRODUCTION: Trends in the UK Data from the first quarter of 2017 ONS Data as reported by the BBC News

http://www.bbc.co.uk/news/election-2017-39966615

Public Admin, Education &

Health30%

Retail, Hotels & Restaurants

19%

Finance & Business

17%

Transport & Communications

9%

Other Services 6%

Manufacturing9%

Construction7%

Agriculture &

Energy3%

Employment by sector UK

According to the graph, what % are employed in

(A) The Primary Sector?

(B) The Secondary Sector?

(C) The Tertiary Sector?

It is more difficult to quantify the % employed in the Quaternary Sector? From the data provided

above, why do you think is the case?

What countries are you more likely to find Primary and Secondary Sector Employment?

What are the key reasons for this?



22

FOLLOWING THE CCEA GCSE

SPECIFICATION

BUSINESS STUDIES

UNIT 1 Sample Pack

TEACHER BOOKLET

SEPTEMBER 2017

Teacher’s Name:

_________________

SITE LICENCE

Name of School:



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EXAMPLE OF STRUCTURE AND CONTENT PROVIDED

FOR OUTLINE LESSON PLANS:

CREATING A BUSINESS

Topic Starter Activity Lesson Activities Plenary Activity

Entrepreneurs PowerPoint Slides 2 to 3 Inspiring Entrepreneurs https://www.youtube.com/watch?v=UT8m_uPT7wI Students record the key points of Deborah’s speech

Student Booklet Pages 6 to 7 Read the scenarios about the experiences and feelings of aspiring entrepreneurs. What is the key reason why they want to start their own business? Answers Slide 4 Student Booklet Pages 8 to 9 Identify the entrepreneur characteristics Answers Slide 5 PowerPoint Slides 6 to 9 Student Booklet Pages 10 to 11 Case Study Activities The Government & Entrepreneurs Nature and Rewards of Risk taking Answers Slides 10 to 12 Student Booklet Page 12 Create a Poster ... My interview with a famous entrepreneur!

Interview with a famous entrepreneur Students Partner up and act out the Interview

Business Resources

Entrepreneur Characteristics BINGO Students list down 8 key words they relate to an entrepreneur *NB Inform students some terms have 2 parts as a clue: Risk Taker, Innovator, Determination, Leader, Decision Maker, Persuasive, Self Motivated, Effective Planner

PowerPoint Slides 13 to 15 Consider the business resources required for 2 very different businesses

Student Feedback Land Labour Capital Enterprise

Types of Business Ownership: Sole Trader and Partnerships

PowerPoint Introduction Slide 16 Types of Business Ownership Task Group the images into categories and display on an A3 Page Group Feedback Justification of Choices

PowerPoint Slides 17 to 19 Sole Traders and Partnerships Youtube Clip https://www.youtube.com/watch?v=wdR97Yqro2Y Student Booklet Sole Traders & Partnerships Pages 17 to 18

Class Feedback and Discussion Recommendations for John and reasons for decision.




https://www.youtube.com/watch?v=wdR97Yqro2Y

https://www.youtube.com/watch?v=wdR97Yqro2Y


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Master Fix Anything Case Study Online Research to evaluate advantages and disadvantages of each type of business ownership. Class Feedback / Booklet Updates Advantages & Disadvantages of Sole traders and Partnerships Teacher Answers Slides 20 to 21

TYPES OF OWNERSHIP USEFUL WEBLINKS

http://www.bbc.co.uk/schools/gcsebitesize/business/aims/partnershipsrev1.shtml

https://www.thecompanywarehouse.co.uk/blog/advantages-and-disadvantages-of-a-sole-trader

https://www.thecompanywarehouse.co.uk/blog/advantages-and-disadvantages-of-partnership

http://smallbusiness.chron.com/difference-between-limited-unlimited-liability-61771.html

http://www.bbc.co.uk/schools/gcsebitesize/business/aims/limitedcompaniesrev1.shtml

https://www.yourcompanyformations.co.uk/blog/advantages-and-disadvantages-of-limited-company-formation/

https://www.nibusinessinfo.co.uk/content/advantages-and-disadvantages-franchising

https://getrevising.co.uk/grids/advantages_and_disadvantages_of_a_public_limited

http://www.informdirect.co.uk/company-formation/public-limited-company-advantages-disadvantages/

https://www.thecompanywarehouse.co.uk/blog/advantages-and-disadvantages-of-a-limited-company

https://www.socialenterpriseni.org/

https://www.socialenterprise.org.uk/Pages/FAQs/Category/FAQs

AND SO ON ...

EXAMPLE OF POWERPOINT SLIDES


http://www.bbc.co.uk/schools/gcsebitesize/business/aims/partnershipsrev1.shtml

https://www.thecompanywarehouse.co.uk/blog/advantages-and-disadvantages-of-a-sole-trader

https://www.thecompanywarehouse.co.uk/blog/advantages-and-disadvantages-of-partnership

http://smallbusiness.chron.com/difference-between-limited-unlimited-liability-61771.html

http://www.bbc.co.uk/schools/gcsebitesize/business/aims/limitedcompaniesrev1.shtml

https://www.yourcompanyformations.co.uk/blog/advantages-and-disadvantages-of-limited-company-formation/

https://www.nibusinessinfo.co.uk/content/advantages-and-disadvantages-franchising

https://getrevising.co.uk/grids/advantages_and_disadvantages_of_a_public_limited

http://www.informdirect.co.uk/company-formation/public-limited-company-advantages-disadvantages/

https://www.thecompanywarehouse.co.uk/blog/advantages-and-disadvantages-of-a-limited-company

https://www.socialenterpriseni.org/

https://www.socialenterprise.org.uk/Pages/FAQs/Category/FAQs


25

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I highly recommend Deborah's GCSE Business Studies and Business

Communication Systems resources. At a very busy time these teacher and

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packs have also been so valuable and can be adapted to suit the needs of the

class as appropriate. Karen McM, Head of Business

*****Five Star Rating, Google Review

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help reduce teacher workload, support teaching and learning in the classroom,

and student revision. I hope you find my resource pack useful.

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Documents

GCSE Business Studies UNIT 1 Sample Pack