1. The document outlines an innovative lesson plan about sole proprietorship presented by Deepika Krishnan V to a Plus One business studies class. 2. The lesson uses stories, group discussions, and activities to help students understand the key features of sole proprietorship businesses, including that they are owned and managed by a single individual who bears all risks and profits. 3. By the end of the lesson, students are able to define sole proprietorship, describe its main characteristics like unlimited liability, and provide examples of sole proprietorship businesses.

1. INNOVATIVE LESSON PLAN
Name of the Teacher :
Name of the School :
Subject :
Unit :
Topic :
Deepika Krishnan V
Business Studies
Forms of Business Organisation
Sole Proprietorship
Date :
Stad : Plus One
Str : 50
Average Age :
Duration : 45 minutes
Period: 2 Period
Content Outline
Content Analysis:
Terms:
Facts:
Forms of business Organisation
Sole Proprietorship, Features
Sole Proprietorship
1. A business enterprise is an Organisation which carries on business activities.
2. Business adopt some form to perform these activities
3. Sole Proprietorship is a popular form of business organization.
4. Sole Proprietorship is most suitable for small business in there initial years of operation.
5. A business concern owned an managed by a single person is known as Sole
Proprietorship.
6. Sole Proprietorship is also called sole trader, one man business,

2. 7. Sole Proprietorship is also called individual enterprenurship or individual proprietorship.
8. Sole proprietorship is a form of business organization which is owned, managed and
controlled by an individual who is the recipient of all profit and bearer of all risks.
9. The word sole implies “only”
10.The word proprietor refers to “owner”
11.Sole proprietor is the one who is the only owner of a business
12.Soleproprietorship business is mainly carried out in beautyparlours hair saloons etc.
13.There is no separate law that governs sole proprietorship
14.Closure of the business can also be done easily
15.Sole proprietors have unlimited liability.
16.The owner is personally responsible for payment of debit in case the assets of the
business are not sufficient to meet all the debts.
17.The owners personal possession could be sold for repaying the debt.
18.The risk of failure of business is borne all alone by the sole proprietor.
19.If the business is successful the proprietor enjoys all the benefits.
20.The right to run the business and decision making power is lies in the hand of sole
proprietor.
21.Sole proprietor can carryout the business and plans without the interference from others.
22.No distinction is made between the sole trader and his business.
23.Business does not have an identity separate from the owner.

3. Concept
Curricular Objectives
Mental Process
References
24.The owner is responsible for the activities of the business
25.Death, insanity, imprisonment, physical ailment, bankrupt of the sole proprietor will
leads to the closure of the business.
Sole Proprietorship
Sole trader is a type of business unit where a person is solely responsible for providing
the capital, for bearing the risk of the enterprise and for the management of business.
To generate an idea about the concept of soleproprietorshp, understanding and
objective, discussing, identifying and organizing various features of the concept through
brainstorming, general discussion and group discussion and students develop a practical
outlook based on it.
 Retrives or recollect or retell information.
 Readly makes connections to know information based on past experience and
formulate initial ideas or concept.
 Communicate knowledge and understanding through
Different media
 Activity sheet with situational talk
 Chart containing definition and features of solepropritorship
 Story telling brain storming, general discussion and group discussion
 +1 Business Studies text book
SCERT Source book

4. CLASS ROOM PROCESS EXPECTED PUPILS RESPONSE
Phase I : Interdictory Phase
(Activity 1) (Story Telling Brain Storming and General discussion)
After the continue class room practice, the teacher begins the class with a
story. Anjali, a bright final year degree student waiting for her results to be
declared. While at home she decided to put her free time to use. Having an
aptitude for painting, she tried her hand at decorating clay pot and bowls will
designs. She was excited at the precise showered on her by her friends and
happy on her work. She gained a lot of popularity by word, of mouth
publicity as a single person caused out the business and gaining profits.
The teacher focus to highlight the type of business conducted by Anjali.
The discussion is lead by the teacher based on the following key point.
 No. of precious carried cut the business
 No.of person bearing the risk
 Bearing of project of the business
…………………………………………………..
…………………………………………………...
…………………………………………………….
Based on the above lead points learner reached through an idea about
sole proprietorship.
All students are actively participated and
motivated.
Students, contribute and creative idea that
focus to reach the concept
Most of the students meaningfully link their
previous experiences with the new learning
situation.

5. sole proprietorship
Sole trader is a type of business unit where a person is solely responsible for
providing the capital, for bearing the risk of the enterprise and for the
management of business
Phase II : Development Phase
(Activity 2 ) (Group discussion)
Teacher ask to the learners to form five base group and conduct a group
discussion.
By continuing the teacher given the following key points to arrive at the
concept Sole proprietorship and its features,
 Formation
 Nature of Liability
 Nature of Risk
 Nature of Control
 Ownership Style
Phase III: Concluding Phase
(Activity 3) (General Discussion)
Teacher provide direct instruction from previously discussed
details. The teacher asked to the learners to Organise various points generated
from different groups. Teacher displays charts and motivate all learners to
sequentially arranging the concept on memory.
All the students eagerly motivated and
properly established relationship between
prior learning with new knowledge.
All are motivated sequentially process the
concept.
All the group members are positively respond
to reach the concept
All students generate mental image about the
concept.

6. Finally the teacher consolidated the concept with relevant classification
Points to be Consolidated
1. A business owned and controlled by a single person is called
Soleproprietorship.
2. Closure of the Soleproprietorship business can done easily
3. Sole proprietors have unlimited liability
4. Sole proprietor have the right to run the business and make all
discussion.
5. No distingusion between the sole trader and his business.
Review of Questions
What is Sole proprietorship?
What are it main features?
Give some examples of Sole proprietorship business?
Follow Up Activity
Prepare a short note about Sole proprietorship business and its
features.