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Business GCSE Edexcel

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Unit 3: Putting a business idea into practice

1BS0 Theme 1

 
3

Inside the Unit...

Areas Covered

  • Topic 1 Business aims and objectives 
  • Topic 2 Business revenues, costs and profits
  • Download sample lesson above
  • Topic 3 Break-even
  • Topic 4 Cash and cash-flow
  • Topic 5 Sources of business finance
  • Assessment

There are 5 worksheets, 5 homework tasks, and an examination-style assessment test, each with answers included in this unit.

Summary - Out now

This unit is divided into five distinct topics plus an end-of-unit assessment that covers Topic 1.3 of the Edexcel specification. The unit focusses on making a business idea happen, beginning with a consideration of various financial and non-financial business aims and objectives. The reasons why these differ between businesses is explored, with the theory reinforced through the application of a wide range of relevant case study examples.

The following topics in this unit require students to apply some basic numeracy skills in order to explore the concept of break even and cash-flow. These topics begin by covering the key components of break-even in order to develop knowledge and understanding so that break-even diagrams can be interpreted effectively. The importance of cash-flow is then considered, leading to the practical construction of cash-flow forecasts.

Before concluding the unit with an assessment test, a final topic examines the various merits and drawbacks of both the long and short-term sources of finance available to a new start up, or established small business.

What's included in the toolkit?

Toolkit

The GCSE units have been written to satisfy the specification for the Edexcel 1BS0 Business GCSE. Each unit contains:

  • PowerPoint slides for each topic
  • Detailed lesson plans
  • Learning objectives and outcomes
  • Worksheets and homework activities with answers
  • End-of-unit, exam-style assessment test with answers
  • Other material and links to online resources

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Inside the Unit...

  • Download Free Sample 5.0mb

    Areas Covered

    • Topic 1 Business aims and objectives 
    • Topic 2 Business revenues, costs and profits
    • Download sample lesson above
    • Topic 3 Break-even
    • Topic 4 Cash and cash-flow
    • Topic 5 Sources of business finance
    • Assessment

    There are 5 worksheets, 5 homework tasks, and an examination-style assessment test, each with answers included in this unit.

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