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Full lessonCreate for a teacher a set of content for giving a lesson, beginning with the lesson plan. Each new block of materials must begin with an H1 heading (other subheaders must be H2, H3, etc). When you describe required pictures, write those descriptions in curly brackets, for example: {A picture of a triangle}
Which subjectBusiness
What topicBusiness entities
What length (min)30
What age groupYear or Grade 11
Class size20
What curriculum
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Lesson plan

Lesson Plan

Topic

Business Entities

Objectives

  1. Identify and describe different types of business entities.
  2. Understand the advantages and disadvantages of each business entity.
  3. Analyse the implications of choosing a particular business structure for a new venture.

Materials

Grade/Age Group

Year 11

Subject

Business Studies

Class Size

20 students

Duration

30 minutes

Lesson Structure

Step Number Step Title Length Details
1 Introduction to Business Entities 5 mins Brief overview of what business entities are, including definitions.
2 Types of Business Entities 10 mins Discuss sole traders, partnerships, limited companies, and PLCs with examples.
3 Advantages and Disadvantages 5 mins Use a chart to summarize pros and cons of each entity type. Facilitate discussion among students.
4 Case Study Analyses 5 mins Provide students with a case study of a new business. In pairs, students will discuss which business entity would be most suitable.
5 Class Discussion 3 mins Conclude with sharing thoughts from the case study analysis. Encourage students to think critically about their choices.
6 Quiz and Homework Assignment 2 mins Distribute a short quiz to assess understanding. Assign homework: research a local business and identify its type and structure.

Assessment

National Curriculum Alignment

This lesson corresponds with the national curriculum guidelines for Business Studies, focusing on understanding different business structures and their implications for entrepreneurs.

Homework

Research a local business and identify its business entity type. Prepare a one-page summary that includes the name of the business, the type of entity, and an explanation of why that structure might have been chosen. Submit by the next lesson.

Lesson script