docx, 31.33 KB
docx, 31.33 KB

Lesson Plan
Topic: Business finance needs and sources - ‘MS word doc.’
Lesson Objective: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to;
Identify the need for business finance: •• The main reasons why businesses need finance, e.g. start-up capital, capital for expansion and additional working capital
•• Understand the difference between short-term and long-term finance needs.
The main sources of finance: •• Internal sources and external sources with examples •• Short-term and long-term sources with examples, e.g. overdraft for short-term finance and debt or equity for long-term finance •• Importance of alternative sources of capital, e.g. micro-finance, crowd-funding
•• The main factors considered in making the financial choice, e.g. size and legal form of business, amount required, length of time, existing loans •• Recommend and justify appropriate source(s) of finance in given circumstances.
NB: You can add your school name, and logo on top, you own name, date, and class year, term and week. Also, you can rejig it for more than a lesson by adjusting up the objectives, Plenary and lesson starter etc.

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