business taster lesson |
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Stretch & challenge: Which businesses are online, offline, both?
Stretch & challenge: Is there a difference between a business and a company?
Information
Businesses use money (investment) in order to make more money (profit). The profits can be used by the owners for a variety of reasons such as:
Businesses use money (investment) in order to make more money (profit). The profits can be used by the owners for a variety of reasons such as:
Key term
An entrepreneur is a person who risks their own time and money to start up and run their own business.
An entrepreneur is a person who risks their own time and money to start up and run their own business.
Stretch & challenge: You may wish to add images to demonstrate the characteristics of the entrepreneur, e.g. a lion for being brave.
Plenary task
Watch the video opposite and discuss how important you consider branding to be for business. |
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