LESSON PLAN: Business Studies



LESSON PLAN 5

|LESSON PLAN: Business Studies |

|Grade: 10 |

|Context: BUSINESS PLAN |

|Content: Business plans (Including financial analysis) and analysis of environmental |

|Factors. |

|Duration: 12 hours |

|Learning Outcome and Assessment Standards: LO2: |

|LO 2:The learner is able to identify and research viable business opportunities and to explore |

|these and relate issues through the creation of achievable business ventures |

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|AS3: Develop a business plan (including a financial analysis) that can be implemented. |

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|Integration within the subject: 10.2.4; 10.3.1; 10.3.7; 10.1.5; 10.2.6; 10.3.2; 10.3.9 |

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|Prior knowledge: Factors that impact on business location decisions. |

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|Extended activity: |

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|Expanded opportunities: |

|Teacher’s |Learners’ |LTSM |Assessment |S |K |V |Time |

|Activity |Activities | | | | | | |

|Define the business plan. |Listen attentively |- Chalkboard | | | | | |

|Explain the purpose of the business plan |Take down notes |- Textbook | | | | | |

|Outline and explain the components of the |Ask questions |- Business magazines | | | | | |

|business plan. |Make additions where possible. | | | | | |6 hours |

|Front page and table of contents | | | | | | | |

|Introduction | | | | | | | |

|Description of proposed business venture. | | | | | | | |

|Marketing plan | | | | | | | |

|Write notes on the board. | | | | | | | |

|FINANCIAL PLAN |Listen attentively. |Chalkboard |Chalkboard | | | | |

|Outline and explain the components of the |Write down extra notes |Textbook | | | | | |

|financial plan. | |Financial magazines. | | | | | |

|Fixed costs | | | | | | | |

|Variable costs | | | | | | | |

|Break-even point | | | | | | |4 hours |

|Cash flow forecast | | | | | | | |

|Profit forecast | | | | | | | |

|Notes | | | | | | | |

|Do calculations on the board. |Do calculations |Calculator. | | | | | |

| | |Workbook. |Calculations | | | | |

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|Provide Newspapers for the activity | | | | | | | |

| |Classroom activity |Activity | | | | | |

| |Compare and contrast two business |Sunday Times |Activity | | | |1 hour |

| |plans |(Business time page) or | | | | | |

| | |any two business plans | | | | | |

| | | | | | | | |

|Project |Project |Research through newspaper|Project | | | |1 hour |

|Business plan( including a financial | |cuttings. | | | | | |

|analysis) that can be implemented. | |Internet at libraries. | | | | | |

|Project guidelines will be given to learners| | | | | | | |

|and the rubric as well. (Teacher will | | | | | | | |

|explain everything in details). | | | | | | | |

|NB: For SKV’s refer to page 22 of SAG |

|Teacher reflection:- |

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|Date of completion: |

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|_________________ ___________ ___________ |

|Initial & Surname Signature Date |

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