1. This lesson will be about... 1.3 – Putting a business idea into practice REVISION End of topic exam Monday 17 th

2. NO IDEA I NEED HELP NEVER HEARD OF IT OK I CAN DO THIS WITH SUPPORT SOME GUIDANCE NEEDED NEARLY AT MY TARGET GOT IT! VERY CONFIDENT WILL HIT MY TARGET GRADE EXCEED TARGET Success Criteria < CSelect a topic C > Create a working profit and loss account B > Analyse its meaning in a business context A >QOWC and SPAG LEARNING OBJECTIVES Revise 1.3 – Making sure all notes are up-to-date Prepare a PowerPoint to share with the class

3. You should already have this on your area. Make sure all the key terms are up-to-date

4. Task Create a leaflet for an entrepreneur; Explain to him what he would need to do in order to “put an idea into practice” This should encompass all that we have learnt and be an ideal guide for anyone wishing to start their own business. Include; What is a business plan - benefits to why and who a business plan would be useful. Images and pictures Annotated documents (cash flow profit and loss) Websites which provide more advice Key terms he might need to know Use Publisher 2 page folded brochures might be ideal.

5. Want to start a new business? Did you know that... Calculate your costs... This could be done by... There’s 2 types of costs (fixed and variable) These need to be put into a business plan (define – explain what’s include, who, why etc) Other documents that you need include... Questions you should ask your self