Sole Traders and Partnerships - Lesson - Business Studies

Lesson breakdown:
Students should be able to identify the meaning of ‘sole trader’ and ‘partnerships’ and to be able to state advantages and disadvantages of both forms of ownership. Each activity aims to give students a basic understanding of the features of both forms of ownership, and encourages students to assess when each form of ownership might be more appropriate in a business scenario.

Learning Objectives

• To be able to identify the features of sole traders and partnerships
• To be able to explain the advantages and disadvantages of operating as a sole trader or in a partnership

Included:

• PowerPoint (PowerPoint format)
• Starter Activity on PowerPoint
• Worksheet with Answer Sheet
• Plenary on PowerPoint

This is an easy ‘teach and go’ lesson, which could either be printed out or simply uploaded onto a system such as teams/google classroom/school network and completed on a device.