starter task if you were going to set up your own business when you leave full time education, what...
TRANSCRIPT
![Page 1: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/1.jpg)
Starter task
If you were going to set up your own business when you leave full time education, what would it be?
Stretch & Challenge: What would be the benefits of running your own business to working for someone else?
Discuss your thoughts with the person next to you
Beauchamps High School
![Page 2: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/2.jpg)
GCSE Business Studies
Lesson 1 - What is a Business?
Beauchamps High School
![Page 3: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/3.jpg)
![Page 4: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/4.jpg)
Small Businesses Facts
Over 4 million businesses in UK
1 business for every 13 people in UK
33,000 businesses that employ more than 50 people
Almost all businesses are small businesses
Beauchamps High School
![Page 5: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/5.jpg)
Purpose of a business
In groups, answer the following questions:
Why do businesses exist?
Why do we need businesses?
Beauchamps High School
![Page 6: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/6.jpg)
Purpose of a business
Businesses exists to ……….
make goods and offer services Goods: physical items
Services: non-physical products
Beauchamps High School
Theory
Notes
![Page 7: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/7.jpg)
Questions to ask about start-ups
Why set up your own business?
People want sense of achievement
Be own boss
Money!
Beauchamps High School
Theory
Notes
![Page 8: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/8.jpg)
Questions to ask about start-ups
Who will be successful entrepreneurs?
Personal qualities/skills needed: determination, enthusiasm, hard-working, knowledge of topics, listen as well as speak, persuade, organise, manage
Beauchamps High School
Theory
Notes
![Page 9: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/9.jpg)
Against the Clock
![Page 10: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/10.jpg)
Consumer vs Customer
Customer someone who pays for goods or services
Consumer person who uses goods or services
Beauchamps High School
Theory
Notes
![Page 11: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/11.jpg)
Task
Beauchamps High School
![Page 12: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/12.jpg)
Task
Worksheet - Look at the businesses, list what they do
Or use the business you researched/or know
Beauchamps High School
![Page 13: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/13.jpg)
Task
Feedback your answers
Beauchamps High School
![Page 14: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/14.jpg)
Homework – due lesson 3
Find out if you are able to get information on a small business
Family/friends runCan be local
Beauchamps High School
![Page 15: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/15.jpg)
![Page 16: Starter task If you were going to set up your own business when you leave full time education, what would it be? Stretch & Challenge: What would be](https://reader035.vdocuments.mx/reader035/viewer/2022062517/56649f115503460f94c24164/html5/thumbnails/16.jpg)
Plenary – Class discussion
What are your thoughts now on running your own business?
Stretch & Challenge: What are the drawbacks for you?
Beauchamps High School