Lesson Plan

• Describe the purpose and benefits of a business plan for an enterprise.
• Identify the key components of a typical business plan.
• Explain how a business plan supports decision‑making, funding and risk management.
• Analyse a simple break‑even calculation and interpret its significance.
• Outline the sequential steps required to develop a complete business plan.

• Projector and screen for slide presentation
• Printed handout of the business‑plan component table
• Worksheet with break‑even calculation exercise
• Calculator for each student
• Whiteboard and markers
• Sample executive‑summary template

Begin with a quick poll: “If you were launching a new product, what information would you need to convince a bank to lend you money?” Capture ideas, then link them to the concept of a business plan as a roadmap. Explain that today’s success criteria are to be able to name the plan’s purpose, list its main sections, and outline how it is built.

1. Do‑now (5’) – Students write three reasons why a start‑up would need a plan; share and record on board.
2. Mini‑lecture (10’) – Define a business plan, discuss its purpose and audience.
3. Component overview (15’) – Present the table of sections; students annotate a handout with brief notes on each component.
4. Break‑even activity (10’) – Using the provided numbers, calculate the BEP; discuss what the result tells the entrepreneur.
5. Steps to develop a plan (10’) – Walk through the seven‑step process, referencing the suggested flowchart.
6. Group task (15’) – In pairs, draft an executive summary for a given business idea.
7. Peer review (10’) – Exchange drafts, give feedback using a checklist.
8. Recap & exit ticket (5’) – Students write one key takeaway on a sticky note; collect as exit ticket.

Summarise how a business plan integrates vision, market insight, operational detail and finance. Ask learners to hand in their executive‑summary drafts for formative feedback. For homework, each student selects a real‑world business idea and gathers three pieces of market data to begin filling out their own plan.