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Implementation of New Business Ideas Lesson Plan 3 - Business Planning
By the end of this session, students will appreciate the need to have a clear and accurate business plan.
Connect the Learning
Recap on the previous lesson which looked at how motivated students would have to be to run their own business.
The Big Picture
This lesson plan is one of a series of six enterprise resources that looks at business plans and how to create them.
Learning Outcomes
By the end of this session, students will understand what makes a good business plan.
Introduction
Working in groups - Ask the students what they think a business plan is. Display Business plan.ppt. Give each team of students their own copy of the “Business Plan” document.
Each team has to come up with a business idea. This could be one they have developed previously or a new idea.
Activity
Using the “Business Plan” document, each team starts to complete the relevant pages of their business plan, using research resources where necessary.
Demonstration
Each team feeds back on how far they have got with completing their plan.