In this informative PowerPoint Presentation I cover: The role and importance of a business plan: To identify: the business idea; business aims and objectives; target market (market research); forecast revenue, cost and profit; cash-flow forecast; sources of finance; location; marketing mix. The purpose of planning business activity: The role and importance of a business plan in minimising risk and obtaining finance. I have also attached a business plan activity sheet which can be used with students to remember the key points and understand how to construct a business or personal plan. The PowerPoint has images too

In this lesson I cover: The importance of globalisation: * The concept of globalisation and the reasons for it * Opportunities and threats of globalisation for businesses * Why governments might introduce import tariffs and import quotas Reasons for the importance and growth of multinational companies (MNCs): Benefits to a business of becoming a multinational and the impact on its stakeholders Potential benefits to a country and/or economy where a MNC is located, e.g. jobs, exports, increased choice, investment Potential drawbacks to a country and/or economy where a MNC is located, e.g. reduced sales of local businesses, repatriation of profits The impact of exchange rate changes: Depreciation and appreciation of an exchange rate How exchange rate changes can affect businesses as importers and exporters of products, e.g. prices, competitiveness, profitability (exchange rate calculations will not be assessed) I have also included some questions to help students remember the key points.

The main features of different forms of business organisation: Sole traders, partnerships, private and public limited companies, franchises and joint ventures Differences between unincorporated businesses and limited companies Concepts of risk, ownership and limited liability Recommend and justify a suitable form of business organisation to owners/management in a given situation Business organisations in the public sector, e.g. public corporations

In this lesson I cover: Business activity in terms of primary, secondary and tertiary sectors: Basis of business classification, using examples to illustrate the classification Reasons for the changing importance of business classification, e.g. in developed and developing economies business enterprises between private sector and public sector in a mixed economy

In this lesson I cover: Enterprise and entrepreneurship Characteristics of successful entrepreneurs Contents of a business plan and how business plans assist entrepreneurs Why and how governments support business start-ups, e.g. grants, training schemes

In this lesson I cover: The purpose and nature of business activity Concepts of needs, wants, scarcity and opportunity cost Importance of specialisation Purpose of business activity The concept of adding value and how added value can be increased

Stakeholder objectives and Business growth complete revision covering: what is Stakeholders What is Objectives in business Different Stakeholder objectives Conflict between different stakeholder objectives Business growth and how business size is measured there is also 7 questions to practice.

This PowerPoint presentation covers: Franchises Co-operatives Public sector organisations There are also 10 questions at the end which students can you to practice to remember the key points of the lesion.

This PowerPoint presentation covers: Sole trader Partnership Limited companies There are also 12 questions at the end which students can you to practice to remember the key points of the lesion. This is a good quick revision tool, that will help students remember the key points.

In this lesson I cover: draw, interpret and understand simple organisational charts: Simple hierarchical structures: span of control, levels of hierarchy, chain of command Roles and responsibilities of directors, managers, supervisors, other employees in an organisation and inter-relationships between them The role of management: Functions of management, e.g. planning, organising, coordinating, commanding and controlling Importance of delegation; trust versus control Leadership styles: Features of the main leadership styles, e.g. autocratic, democratic and laissez-faire Trade unions: What a trade union is and the effects of employees being union members there are also 2 activity students can undertake to help them remember the topics discussed.

In this lesson, I cover the following: Marketing, competition and the customer * The role of marketing: * Identifying customer needs * Satisfying customer needs * Maintaining customer loyalty * Building customer relationships Market changes: Why customer/consumer spending patterns may change The importance of changing customer needs Why some markets have become more competitive How businesses can respond to changing spending patterns and increased competition Concepts of niche marketing and mass marketing: Benefits and limitations of both approaches to marketing How and why market segmentation is undertaken: How markets can be segmented, e.g. according to age, socio-economic grouping, location, gender Potential benefits of segmentation to business Recommend and justify an appropriate method of segmentation in given circumstances This is a complete lesson.

In this lesson I cover: Marketing strategy Justify marketing strategies appropriate to a given situation: * Importance of different elements of the marketing mix in influencing consumer decisions in given circumstances * Recommend and justify an appropriate marketing strategy in given circumstances The nature and impact of legal controls related to marketing: * Impact of legal controls on marketing strategy, e.g. misleading promotion, faulty and dangerous goods The opportunities and problems of entering new foreign markets: * Growth potential of new markets in other countries * Problems of entering foreign markets, e.g. cultural differences and lack of knowledge * Benefits and limitations of methods to overcome such problems, e.g. joint ventures, licensing

In this lesson I cover: Identify and classify costs: Classifying costs using examples, e.g. fixed, variable, average, total Use cost data to help make simple cost-based decisions, e.g. to stop production or continue Economics and diseconomies of scale: The concept of economies of scale with examples, e.g. purchasing, marketing, financial, managerial, technical The concept of diseconomies of scale with examples, e.g. poor communication, lack of commitment from employees, weak coordination Break-even analysis: The concept of break-even Construct, complete or amend a simple break-even chart Interpret a given chart and use it to analyse a situation Calculate break-even output from given data Define, calculate and interpret the margin of safety Use break-even analysis to help make simple decisions, e.g. impact of higher price Understand the limitations of break-even analysis

In this lesson I cover: Why quality is important and how quality production might be achieved: What quality means and why it is important for all businesses The concept of quality control and how businesses implement quality control The concept of quality assurance and how this can be implemented

In this lesson I cover: The importance of cash and of cash-flow forecasting: Why cash is important to a business What a cash-flow forecast is, how a simple one is constructed and the importance of it Amend or complete a simple cash-flow forecast How to interpret a simple cash-flow forecast How a short-term cash-flow problem might be overcome, e.g. increasing loans, delaying payments, asking debtors to pay more quickly Working capital: The concept and importance of working capital There is also a task at the end to help students remember what they have learnt in the lesson.

In this lesson I cover: Environmental concerns and ethical issues as both opportunities and constraints for businesses: How business activity can impact on the environment, e.g. global warming The concept of externalities: possible external costs and external benefits of business decisions Sustainable development; how business activity can contribute to this How and why business might respond to environmental pressures and opportunities: e.g. pressure groups The role of legal controls over business activity affecting the environment, e.g. pollution controls Ethical issues a business might face: conflicts between profits and ethics How business might react and respond to ethical issues, e.g. child labour I have included some key terms to remember for the exam. Question at the end to help remember the main points of the lesson.

Cash flow activity

Porter 5 Forces

Business studies - Mergers and Takeovers