Lesson Plan

• Describe the legal status, liability, capital‑raising ability, management structure and continuity of sole traders, partnerships, private limited companies and public limited companies.
• Compare the advantages and disadvantages of each form of business organisation.
• Apply the criteria to select the most appropriate business form for a given business idea.

• Projector and screen
• PowerPoint presentation with key points and comparison table
• Handout worksheet containing case‑study scenarios
• Whiteboard and markers
• Printed copies of the comparison chart
• Exit‑ticket slips

Start with a quick poll: “Which famous brands do you think are owned by a single person versus a large company?” This activates prior knowledge of business ownership. Explain that today’s success criteria are to be able to describe, compare and choose the most suitable business form for a scenario.

1. Do‑now (5’) – short quiz on types of business organisations they have heard of.
2. Teacher input (10’) – present key features of the four forms using slides and the comparison chart.
3. Guided practice (10’) – groups fill a worksheet comparing two forms on liability, capital and continuity.
4. Application activity (15’) – case‑study: each group decides the best business form for a start‑up idea and prepares a brief justification.
5. Check for understanding (5’) – Kahoot/exit‑ticket question summarising the main differences.
6. Recap (5’) – teacher highlights the core distinctions and answers any lingering questions.

Summarise the four business forms, emphasizing how liability, capital‑raising ability and continuity differ. Students complete an exit ticket stating which form they would choose for a tech start‑up and why. For homework, they research a real company, identify its legal form and prepare one paragraph explaining the suitability.