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Starter (5):<br />Video Clip Finance<br />Main(35):<br />Resources<br />Ebitnow<br />Business Link<br />HSBC<br />Posters ...
H/W - Magnificent Seven<br />List two possible effects on small business of the national minimum wage?    						(2 marks)<...
Today’s task sources of finance<br />Go onto www.ebitnow.com<br />Visit Mr T’s blog and click on GCSE business<br />Downlo...
Who’s interested in the business plan and the sources of finance <br />See BBC bitesize video clip on stakeholders<br />Se...
What – Interest - Need<br /> A business plan can help you choose an alternative pathway to university or employment being ...
Bridging the gap !<br />In less than 4 weeks you will become the new year 11 cohort and we will need to lift the pace for ...
True or false						T / F<br /><ul><li> Everyone that starts a business will have a business plan _____
 Anyone can draw up a business plan for free		______
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Lesson plan 10_gcse_sources_of_finance_260510

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Lesson plan 10_gcse_sources_of_finance_260510

  1. 1. Starter (5):<br />Video Clip Finance<br />Main(35):<br />Resources<br />Ebitnow<br />Business Link<br />HSBC<br />Posters <br />Books<br />Plenary<br />Exam preparation question<br />lesson objectives<br />ALL Students…must understand the different sources of finance<br />MOST Students…should be able to applythe appropriate source of finance for a given business start up<br />Some students will be able toidentify the different organisations that will help and support your business tart up <br />`<br />
  2. 2. H/W - Magnificent Seven<br />List two possible effects on small business of the national minimum wage? (2 marks)<br />Explain what the Equal Pay Act means for small business ? (4 marks)<br />Give four ways in which a small business might discriminate illegally against its employees? (4 marks)<br />Give four employee rights that small businesses have to meet (4 marks)<br />Give one reason why meeting employees’ rights might benefit a business (3 marks)<br />List three aspects of a business’s activities that are covered by the Health and Safety Act (3 marks)<br />Give three reasons why discrimination and health & safety laws might increase the costs of a small business (3 marks) <br />
  3. 3. Today’s task sources of finance<br />Go onto www.ebitnow.com<br />Visit Mr T’s blog and click on GCSE business<br />Download the notetaker document<br />Using the on line resources, bite size video, the posters in the room the books and your research skills complete the note taker document and answer the questions !<br />Use Mr T as if he was a dragon or bank manager!<br />Hand in a copy each with your name on before the end of the lesson !<br />If your feeling really up to test yourself use the online test on ebitnow.com<br />Good luck if you do all this your AWSOME<br />
  4. 4. Who’s interested in the business plan and the sources of finance <br />See BBC bitesize video clip on stakeholders<br />See BBC bitesize video clip on finance<br />The owners<br />Your staff and potential staff<br />Investors banks, business angels<br />Possible partners<br />
  5. 5. What – Interest - Need<br /> A business plan can help you choose an alternative pathway to university or employment being able to finance this is not so easy to do in the current economic climate WHY <br />Interest – 9 out of 10 businesses fail in their first year – how good was their business plan & finance<br />Need – 85% of all business is small business the UK needs business to generate tax and jobs <br />
  6. 6. Bridging the gap !<br />In less than 4 weeks you will become the new year 11 cohort and we will need to lift the pace for your first exam and controlled assessment in the new year<br />The gap between your work sheet scores and exam scores needs to close if you are to do well in your final exams that start in January 2011 <br />We need to start building your skills in application, analysis & evaluation<br />
  7. 7. True or false T / F<br /><ul><li> Everyone that starts a business will have a business plan _____
  8. 8. Anyone can draw up a business plan for free ______
  9. 9. A business plan follows a set format which is readily available from banks ______
  10. 10. The purpose of the business plan is focus effort in key areas</li></ul> ______<br /><ul><li> A business plan will be created and remain a fixed document</li></ul> ______<br /><ul><li> A business plan can be used to share your ideas with investors ______
  11. 11. Business plans identify risks help to respond to uncertainty</li></ul> _______ <br />
  12. 12. Starter (5):<br />Video Clip stakeholders<br />Main(40):<br />Resources<br />Ebitnow<br />Business Link<br />HSBC<br />Posters <br />Books<br />Plenary (15)<br />Exam preparation question<br />lesson objectives<br />ALL Students…must understand the purpose of business planning<br />MOST Students…should be able to identify and apply the main sections within a business start up plan to your new business idea<br />Some students will be able toanalyse the aspects of a business plan most relevant to the banks<br />`<br />

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