in this presentation we cover:
Who business stakeholders are and their different objectives:
shareholders (owners),
employees, customers,
managers, suppliers, local community,
pressure groups, the government.
Stakeholders and businesses:
how stakeholders are affected by business activity
how stakeholders impact business activity
possible conflicts between stakeholder groups.
in this presentation we cover:
The role and importance of a business plan:
To identify:
the business idea;
business aims and objectives;
target market (market research);
forecast revenue, cost and profit;
cash-flow forecast; sources of finance;
location; marketing mix.
The purpose of planning business activity:
The role and importance of a business plan in minimising risk and obtaining finance.
in this presentation we cover:
What the marketing mix is and the importance of each element:
price, product, promotion, place.
How the elements of the marketing mix work together:
balancing the marketing mix based on the competitive environment
The impact of changing consumer needs on the marketing mix
The impact of technology on the marketing mix:
e-commerce, digital communication.
in this presentation we cover:
Factors influencing business location:
proximity to: market, labour, materials and competitors
nature of the business activity
The impact of the internet on location decisions:
e-commerce and/or fixed premises
in this presentation we cover:
The concept of limited liability:
limited and unlimited liability
the implications for the business owner(s) of limited and unlimited liability.
The types of business ownership for start-ups:
sole trader, partnership, private limited company
the advantages and disadvantages of each type of business ownership.
The option of starting up and running a franchise operation:
the advantages and disadvantages of franchising.
in this presentation we cover:
Sources of finance for a start-up or established small business:
Short-term sources:
overdraft and trade credit
Long-term sources:
personal savings, venture capital, share capital, loans, retained profit and crowd funding.
Understanding Creditors and debtors
in this presentation we cover:
The importance of cash to a business:
To pay suppliers, overheads and employees
To prevent business failure (insolvency)
The difference between cash and profit.
Calculation and interpretation of cash-flow forecasts:
Cash inflows
Cash outflows
Net cash flow
Opening and closing balances.
in this presentation we cover:
The concept and calculation of:
revenue
fixed and variable costs
total costs
profit and loss
interest
break even level of output
margin of safety
Interpretation of break even diagrams:
the impact of changes in revenue and costs
break even level of output
margin of safety
profit and loss.
in this presentation we cover:
What business aims and business objectives are
Understand SMART objectives
Financial aims and objectives:
survival, profit, sales, market share, financial security
Non-financial aims and objectives:
social objectives, personal satisfaction, challenge, independence and control.
Why aims and objectives differ between businesses.
Activity
in this presentation we cover:
Understanding of the competitive environment
What is competition in business terms?
Direct and Indirect competitors
strengths and weaknesses of competitors based on:
price,
quality
Location
product range
customer service
Advantages and disadvantages of competitive environment
The impact of competition on business decision making.
Terms good to know for exam
What is market segmentation?
How businesses use market segmentation to targetcustomers:
Gender
Location
Demographics
Lifestyle
Income
age
Market mapping to identify a gap in the market and thecompetition.
Why do businesses need to segment their markets?
Benefits of Market segmentation
in this presentation we cover:
The purpose of market research:
Methods of market research:
primary research: survey, questionnaire, focus group,observation
secondary research: internet, market reports, governmentreports.
The use of data in market research:
qualitative and quantitative data
the role of social media in collecting marketresearch data
the importance of the reliability of market research data.
We will identify and understand customer needs:
price
quality
choice
convenience
We will learn the importance of identifying and understanding customers needs:
in this presentation we cover:
The role of business enterprise and the purpose of businessactivity:
to produce goods or services
to meet customer needs
to add value: convenience, branding, quality, design,unique selling points.
The role of entrepreneurship:
an entrepreneur: organises resources, makes businessdecisions, takes risks.
in this presentation we cover:
The impact of risk and reward on business activity:
Risk: business failure, financial loss, lack of security
Reward: business success, profit, independence.
Lesson objectives - To be able to discuss the impact of risk and reward on business activity
This PowerPoint presentation covers:
Why and how new business ideas come about:
To be able to discuss the reasons why a new business idea may come about
To be able to identify how new business ideas may either be original or an adaptation of existing ideas
3.1.4 Stakeholders AQA GCSE Business (9-1)
This is a PDF file full of everything you need for your class, covering the whole topic, you may turn it into a powerpoint presentation if you wish. however its best presented as it is.
There are some previous exam questions at the end to help students get an idea of example style questions.
3.1.3 Setting business aims and objectives AQA GCSE Business (9-1)
This is a PDF file full of everything you need for your class, covering the whole topic, you may turn it into a powerpoint presentation if you wish. however its best presented as it is.
There are some previous exam questions at the end to help students get an idea of example style questions.
Edexcel GCSE Business UPDATED 1.3.3 Cash and cash flow
This is a PDF file full of everything you need for your class, covering the whole topic, you may turn it into a powerpoint presentation if you wish. however its best presented as it is.
There are some previous exam questions at the end to help students get an idea of example style questions.
Edexcel GCSE Business UPDATED1.3.2 Business revenues costs and profits
This is a PDF file full of everything you need for your class, covering the whole topic, you may turn it into a powerpoint presentation if you wish. however its best presented as it is.
There are some previous exam questions at the end to help students get an idea of example style questions.