Uncover the different stakeholder groups that might have an impact on a business! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: This video discusses stakeholders in a business using the example of Ace Foods LTD, a company that delivers pre-packaged ready-meals products. Stakeholders include the government, suppliers, customers, and the local community, each with an interest in the company and the potential to impact its success. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the importance of a business plan! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: In this video, the importance of a comprehensive business plan is highlighted using the example of a family business, Jenkin’s Butchers. Three reasons to create a business plan are discussed - check for flaws, reduce risk of failure and secure finance. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover everything you need to know about operating as a business partnership! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: This video discusses the advantages and disadvantages of business partnerships using the example of Sarah Ellen and Jess Mae, who want to start a small vet practice together. The video highlights how they wrote a comprehensive business plan before deciding to form a partnership, which allowed them to be co-owners and make decisions together. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncovereverything you need to know about LTDs! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: The video explains Private Limited Companies (LTDs) and their differences from sole traders and partnerships. The video uses Card Shark as an example of a business that recently became an LTD. The benefits of becoming an LTD include limited liability for shareholders and easier access to finance. Private limited companies are separate legal entities, are not publicly traded, and are limited to a maximum of 50 shareholders. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the purpose of business & enterprise! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: In this interactive video, students will learn about stakeholder conflicts and how they can impact businesses. Using the example of Miflin Stationery LTD, which sells stationery to schools, businesses, and supermarkets in the UK, different stakeholder groups and their conflicting interests will be explored Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover why businesses use market research! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: This video introduces the importance of market research for businesses to succeed and the risks of not conducting it. Market research involves gathering information about target markets, organisations, or customers to gain more knowledge and identify opportunities for the business. An example of Enigma Electrical LTD is used to highlight the consequences of not conducting market research. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the purpose of business & enterprise! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: In this video, the purpose of marketing is explored using the example of a dog-walking business. The video explains how marketing can help businesses identify, understand, and inform customers, leading to increased sales. The different purposes of marketing, including identifying customers, understanding customers, informing customers, and increasing sales, are discussed, Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the usefulness of questionnaires! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: In this video, the use of questionnaires in primary market research is explored. Vibes FM, a commercial radio station, is experiencing a decline in daily listeners and is using questionnaires to understand why. Questionnaires are easy, inexpensive, and scalable, and offer respondent anonymity, making them a quick and efficient way to gather information. Jill and her team hope to identify the reasons for the decline and increase their number of daily listeners. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the key differences between Quantitative & Qualitative Market Research! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: This video explains the difference between quantitative and qualitative market research using the example of a horror-themed escape room in London. Quantitative research focuses on numbers and is gathered through surveys, while qualitative research involves understanding people’s opinions and is gathered through face-to-face interviews and group discussions. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the usefulness of market research interviews! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.;uk Overview: In this video, using interviews as a method of primary research is explored in detail. Adam Scoon, lead interviewer for Boiler Care LTD, must decide between conducting face-to-face interviews and telephone interviews to gain insights into how the company can further improve its services. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the usefulness of focus groups! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: This video explains focus groups, a primary method of market research. Insights Marketing Consultancy, a paid market research company, is used as an example. A small group of 6-20 people provides feedback on a product, service, or marketing campaign. A moderator leads the discussion for 30-90 minutes, gathering information. A large confectionery company is used as an example of how to gain insights on a new chocolate bar flavor. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the usefulnesses of product trials! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: This video focuses on product trials as a method of primary market research. Using the example of a new cosmetics company, Floresence, the lead chemist, Kane Jones, aims to launch a new shampoo and test the target market’s response to it. The video discusses the advantages and disadvantages of product trials, including obtaining feedback from real customers, reducing risks, and generating interest in the product, while highlighting the high cost and time involved and the risk of competitors gaining access to the new product. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the purpose of business & enterprise! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: Have you ever wondered how businesses conduct research before launching a new product or service? In this video, we’ll explore the world of secondary market research and how it can help businesses make informed decisions. We’ll follow Rebecca Barnes, a start-up business owner, as she considers investing in a new product and wants to conduct market research to ensure its success. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover why business ideas are needed in today’s world.! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our www.bizzwizard.co.uk. FREE Explainer Video Overview: This video explores why new business ideas are continually emerging to meet the needs of customers. Three main reasons are identified: changes in consumer wants, obsolete products, and technological advancements. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover everything you need to know about internal growth! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: This interactive video explores the topic of business expansion, using the example of Megan Johnson, the creator of PopHold. The video discusses the advantages and disadvantages of business expansion and examines different methods that can be used to achieve growth, including increasing the number of customers, developing new products, entering new markets, and franchising. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover everything there is to know about mergers and takeovers! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: This video explains external expansion or inorganic growth, focusing on the four types of integration: horizontal, vertical backward, vertical forward, and conglomerate or diversification. The main example is DT Furniture, a partnership that has organically expanded and is now considering external expansion. The video aims to provide an understanding of the different types of integration and the benefits of external expansion. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.

Uncover the purpose of business & enterprise! Dive into our FREE worksheet. Perfect for student success. Subscribe for interactive videos and resources. Explore more at our site www.bizzwizard.co.uk Overview: Are you curious about how market growth and market share can impact a business? In this video, we’ll delve into these important concepts and show you how they work. We’ll start by defining market growth, which is the rate at which a market’s size is increasing. Using the example of the fidget spinner, we’ll see how rapidly markets can change, catching even the savviest entrepreneurs off guard. Teachers Download Now! Worksheets to Deepen Student Understanding: Amplify your students’ learning journey with our FREE video worksheet and answer key. For a comprehensive set of resources, visit the Shop and download hundreds of FREE worksheets: Challenge students with our Multiple Choice Quiz, engage them in a Case Study Analysis, and reinforce their knowledge with Fill in the Blanks Revision Notes.