1. Do Now
What do you remember from ‘Developing
Business Plans’ ….
Test what you’ve learned!

2. Developing Business Plans
(Part 2)
Module 1 – Growing a Business Idea

3. Learning Objectives
By the end of this lesson you should be able to:
1. Recognise and discuss problems for small business
planning.
2. Apply understanding of business plans and create
based on business scenario.
3. Discuss business plan with the rest of the group.

4. Problems for small businesses
The entrepreneur may not feel that they have enough
of this to devote to putting together a business plan.
TIME
LO1) Recognise and discuss problems for small business planning.

5. Problems for small businesses
Although not obvious when creating a business plan,
time could incur this. Advice and guidance could also
use this resource.
MONEY
LO1) Recognise and discuss problems for small business planning.

6. Problems for small businesses
The entrepreneur may lack enough of this to initially
be able to construct a business plan.
EXPERTISE
LO1) Recognise and discuss problems for small business planning.

7. Problems for small businesses
Some people may feel that the time spent on a business
plan is wasted when it could be spent actually trading.
OPPORTUNITY
COST
LO1) Recognise and discuss problems for small business planning.

8. Your challenge is to create a business
plan for a given organisation.
You are looking for an investment of Don’t forget to include
£100,000. the sections:
• Executive Summary
You can present your business plan
• Business Description
using any format – so be creative!.
• Product or service
• Market Analysis
Remember – you will need to pitch • Strategy and
your plan to the potential investor.
Implementation
• Management Team
LO2) Apply understanding of business plans and create based on business scenario.
• Financial Plan

9. Would you invest £100,000?
You now need to
observe each pitch
and give it a score
out of 90 using the
set criteria.
Would you be
willing to invest
£100,000?
LO3) Discuss business plan with the rest of the group.

10. Real businesses in action!
Go to your email and
open the Barclays
worksheet.
Use the case study to
answer the questions.

11. Finally…..
Create a question based
on todays lesson.
Email it to your teacher.

12. Re-cap Learning Objectives
You should now be able to:
1. Recognise and discuss problems for small business
planning.
2. Apply understanding of business plans and create
based on business scenario.
3. Present business plan with the rest of the group.