GCSE AQA Business 3.1.2 Business ownership (only)
GCSE AQA BUSINESS
Just one lesson - 3.1.2 Business ownership (only)
This lesson includes:
- Teacher PowerPoint
- Student PowerPoint (to upload to a shared drive)
- Student worksheet in Word (so you can edit it)
- Worksheet in PDF (so it will behave itself in a printer)
This lesson covers:
• Sole traders
• Partnerships
• Private limited companies (ltd)
• Public limited companies (plc)
• Not-for-profit organisations
From the specification:
Students should be able to:
• understand the different legal structures that businesses adopt
• analyse the benefits and drawbacks of each legal structure (including issues such as
management and control, sources of finance available, liability and distribution of profits)
• understand the concept of limited liability and which legal structures benefit from this
• evaluate which legal structure would be most appropriate for a variety of business examples, including new start-up businesses and large established businesses.
Students are not expected to have an understanding of the legal process of incorporation.

