Overview
A 60-minute lesson for Year 11 students (age 15-16) introducing and analysing the main types of business organisation, with a focus on understanding ownership structures, liability, and purpose. Aligned rigorously with the national curriculum for England (KS4 Business Studies).
National Curriculum Links
This lesson addresses the Business Studies Programme of Study for Key Stage 4, particularly the following:
- Component: Business Studies
- Content: Types of business organisation; distinguishing between sole traders, partnerships, private and public limited companies, cooperatives, and franchises.
- Skills: Knowledge and understanding of the characteristics, advantages, and disadvantages of each business form; application of concepts to real-world examples; analysis and evaluation of impact on stakeholders.
- Relevant National Curriculum Document:
- “Pupils should be taught to understand different types of business ownership including sole traders, partnerships, franchises and limited companies and the advantages and disadvantages of each.”
- “Pupils should be able to analyse the factors influencing business decisions such as form of ownership.”
Learning Objectives
By the end of the lesson, students will be able to:
- LO1: Define and describe the main types of business organisation in the UK.
- LO2: Analyse advantages and disadvantages of each type in relation to ownership, liability, control, and finance.
- LO3: Evaluate which type of organisation is most suitable for different business scenarios or sectors.
- LO4: Demonstrate understanding through collaborative activities and written responses.
Resources Needed
- Custom PowerPoint presentation (prepared beforehand) on "Types of Business Organisation" (see contents below)
- Whiteboard and markers
- Students’ exercise books or printed worksheets for note-taking and activities
- Scenario cards for group work (different business set-ups)
Detailed Lesson Plan
0–5 mins: Starter (Engagement & Prior Knowledge)
- Activity: Quick quiz (5 questions, show on PowerPoint) – e.g., “What type of business is a sole trader?”, “What is limited liability?”
- Purpose: Assess existing knowledge and engage students immediately.
- Teacher Input: Explain the relevance of business organisation types to entrepreneurs and real-life businesses.
5–15 mins: Introduction (Presentation & Explanation)
- PowerPoint Slides 1–5:
- Definition of business organisation
- Overview of types: Sole traders, partnerships, private limited companies (Ltd), public limited companies (PLC), cooperatives, and franchises.
- Use clear, UK-focused examples (e.g., local family business = sole trader, John Lewis = cooperative, Tesco PLC).
- Highlight key features: ownership, liability, control, sources of finance.
- Use diagrams comparing structures (ownership vs liability).
15–30 mins: Deep Dive into Each Type (Interactive Teaching)
- Slides 6–12:
- For each business type:
- Definition
- Advantages and disadvantages (bullet points)
- Real UK-based examples
- Use comparison tables.
- Teacher Activity: Ask directed questions to the class after each type (e.g., “Why might someone choose a partnership over a sole trader?”).
30–45 mins: Group Activity (Collaborative Learning)
- Divide class into 5 groups (pairs or trios).
- Provide each group with a scenario card describing a business situation (e.g., “Jamie wants to open a local café alone.” or “A group of farmers want to market their produce collectively.”).
- Task: Each group decides which type of business organisation suits best and justifies their choice referencing liability, finance, control, etc.
- Groups present their answers (2 mins per group).
45–55 mins: Class Discussion and Evaluation
- Summarise key points from presentations, clarify misconceptions.
- Pose evaluative questions:
- “Which ownership structure do you think provides the best protection for owners?”
- “How might the type of business affect employees and customers?”
- Encourage students to critically evaluate pros and cons.
55–60 mins: Plenary & Assessment
- Plenary Quiz: Quick-fire round using questions from the starter but now more challenging (e.g., “Name a disadvantage of a PLC.”).
- Written Exit Ticket: Students write 2 sentences answering:
- “Which type of business organisation would you recommend to a new entrepreneur and why?”
- Collect exit tickets for assessment of learning.
PowerPoint Contents Outline
Slide 1: Title – Types of Business Organisation
Slide 2: Learning Objectives
Slide 3: What is a Business Organisation?
Slide 4: Types Overview (bullet points with icons)
Slide 5: Key Terms – Ownership, Liability, Control, Finance
Slide 6: Sole Trader: Definition, Pros & Cons, Example
Slide 7: Partnership: Definition, Pros & Cons, Example
Slide 8: Private Limited Company (Ltd): Definition, Pros & Cons, Example
Slide 9: Public Limited Company (PLC): Definition, Pros & Cons, Example
Slide 10: Cooperative: Definition, Pros & Cons, Example
Slide 11: Franchise: Definition, Pros & Cons, Example
Slide 12: Comparison Table: Summary of Key Features
Slide 13: Group Activity Instructions and Scenarios
Slide 14: Discussion Questions
Slide 15: Plenary Quiz Questions
Slide 16: Summary and Key Takeaways
Differentiation
- Support: Provide scaffolded notes and simplified scenarios for students needing extra help.
- Challenge: Ask more able students to consider how the legal status of a business impacts its tax and reporting obligations.
Assessment Criteria
- Observation of group discussion and presentation participation.
- Quality and reasoning in exit ticket responses.
- Understanding demonstrated in starter and plenary quizzes.
Extension Idea (Optional/Homework)
- Students research a local business and identify its ownership type, advantages and disadvantages it may have encountered. Present findings next lesson.
End of plan
This lesson ensures students not only learn the theory but apply and evaluate different business structures, fulfilling the national curriculum's aims to develop analytical and evaluative skills in business contexts.