Give a creative idea how to begin a lesson. The academic subject for which the text must be created - Business. Content must be appropriate ...
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aidemia--modules-lessonstartideas_typeGive a creative idea how to begin a lesson
Which subjectBusiness
What age groupYear or Grade 10
What topicSources of Finance
Quantity1
Any other preferences

Introduction to Sources of Finance

Lesson Starter: "The Great Finance Debate"

Objective:

To engage students in a dynamic discussion about different sources of finance while encouraging critical thinking about their advantages and disadvantages.

Preparation:

  1. Create Scenario Cards: Prepare cards that detail various scenarios where a business might need funding. For example:

    • A new tech startup developing a mobile app.
    • A local bakery looking to expand its premises.
    • A charity needing funds for a community project.
    • A well-established company launching a new product line.

  2. Sources of Finance Posters: Have posters around the classroom summarising different sources of finance (e.g., loans, equity financing, crowdfunding, government grants, etc.).

Lesson Starter Activity:

  1. Divide the Class into Groups: Organise the students into small groups of four or five.

  2. Distribute Scenario Cards: Hand out one scenario card to each group. Each group must read their scenario and brainstorm potential sources of finance that would suit their situation. Encourage them to think about the pros and cons of each option.

  3. Group Presentations: Give each group a few minutes to present their scenario and their suggested sources of finance to the class. Encourage other groups to ask questions and offer feedback.

  4. Vote for Favourite Ideas: After all presentations, facilitate a class vote on which group's financing approach was the most creative or feasible.

Reflection:

Wrap up by discussing the importance of choosing the right source of finance and how it can impact a business's success. Highlight some of the key points gathered during the presentations and prepare students for deeper exploration of each source in the main body of the lesson.

Transition:

Now that we've generated some ideas about how businesses seek financing, let's dive deeper into the various sources of finance available and how they can be applied effectively in real-world situations.