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BUSINESS, ADMINISTRATION AND FINANCE
Unit 1: Business enterprise
Business, Administration and Finance
Level 2 Unit 1: Business enterprise
Sample scheme of work


This is an example of a possible scheme of work. You can use it as it is, adjust it or extract content to create a scheme of work to suit
your delivery needs. It can also be adjusted by adding theory workshops to support learners who have/need additional learning time.
This unit is assessed through a centre set and marked assignment, which will be externally moderated. A sample assignment brief is
available at www.diplomainfo.org.uk


Total GLH             60
Delivery model        This scheme of work is divided into topics and each topic is assigned an approximate number of hours. The
                      topics can then be split according to the duration of sessions and the period of delivery.
                      A list of resources is provided at the end of this document.
Aim                   To help learners appreciate the characteristics of entrepreneurs and to understand how entrepreneurship can
                      benefit society through innovation and creativity. Learners will:
                       • understand the impact of entrepreneurship and entrepreneurs on business
                       • be able to develop a business enterprise idea
                       • be able to present a business idea to prospective investors
                       • be able to start up a business enterprise.
Notes                 The assessment for this unit can be included as part of another unit assessment. This unit has close links with
                      the rest of the qualification and, as such, it is suggested that learners are introduced to this topic at the start of the
                      learning programme and that it is taught concurrently with the remaining units.
                      Under FS (functional skills):
                      * indicates opportunities for assessment in English of speaking and listening and/or written communication
                      + indicates opportunities for use of mathematics in analysing, interpreting and presenting information



Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1
Page 1 of 6
indicates opportunities for assessment in ICT.


Topic                     Activities, assignments, assessments                                                                  LO and   PLTS   FS   GLH
                                                                                                                                AC
1 Understanding the       Introduce learners to enterprise skills and their importance by studying the profiles of successful   AC1a–c               10
impact of                 entrepreneurs (AC1a).
entrepreneurship
                          Organise a talk and a question-and-answer session with a local entrepreneur to understand the
and entrepreneurs
                          difference between employee and entrepreneur and the advantages and disadvantages of
on business
                          owning a business.
                          Talks could be supplemented by DVDs, such as Jump Start from the NFTE:
                          www.nfte.co.uk/index.php?mod=teachers_classroom_resources
                          Working individually or in groups, ask learners to research two or three entrepreneurs (from a
                          local or national background) to identify characteristics of entrepreneurs. Learners must then
                          present their research to the rest of the class.
                          Working in groups, ask learners to research entrepreneurs and their businesses (AC1b). The
                          focus should be on how their businesses have benefited from the entrepreneurs (eg Theo
                          Paphitis and Ryman, the stationery supplier). Learners must then present their research to the
                          rest of the class.
                          Then ask learners to research how the UK economy benefits from the work of their chosen
                          entrepreneur (AC1c), eg in terms of job creation, taxation, growth or customer choice.




Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1
Page 2 of 6
Topic                     Activities, assignments, assessments                                                                   LO and    PLTS   FS   GLH
                                                                                                                                 AC
2 Developing a            Working individually, ask learners to research ways of generating new ideas and methods of             AC2a–c    CT1     *   10
business enterprise       identifying a new product (AC2a).
idea
                          Divide the class into small groups. Ask each to identify a business idea and distinguish between
                          this and a genuine business opportunity. Each group should present their ideas to the class.
                          Working individually, ask learners to prepare a questionnaire to identify needs in their local area.
                          The findings should then be collated as a group to identify potential businesses that might satisfy
                          these needs.
                          Working in small groups, ask learners to consider the strengths and weaknesses of their
                          potential business idea. Learners must take into account the resources available, eg time and
                          money (AC2b).
                          Working individually, ask learners to identify a product based on the viability of their business
                          opportunities (AC2c).
3 Presenting a            Arrange for a visiting speaker (such as a local bank manager) to talk to the learners. Learners        AC3a, b    IE6    *   12
business idea to          need to understand the importance of having an initial plan, as well as an ongoing plan, for
                                                                                                                                            RL3
prospective               running a business. The speaker should give learners an insight into which ideas are more likely
investors                 to succeed and why.
                          In a Dragon’s Den style activity, ask learners to present their individual ideas to the rest of the
                          group, who will act as the investors (AC3a). The speaker can also take part if they wish.
                          Following the feedback from potential ‘investors’, learners should produce a final, written,
                          evaluation of their business idea with suggestions for improvement (AC3b).




Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1
Page 3 of 6
Topic                     Activities, assignments, assessments                                                               LO and    PLTS   FS   GLH
                                                                                                                             AC
4 Starting up a           Working in groups, ask learners to develop a basic business plan (AC4a). The business plan         AC4a, b           *    9
business enterprise       acts as a tool, allowing learners to:
                           • set objectives and break down tasks in order to implement the plan
                           • deploy team members – recognising individual strengths and weaknesses
                           • organise resources
                           • forecast sales
                           • budget
                           • carry out a risk/reward assessment before starting an enterprise
                           • present a plan to a target audience.
                          Arrange for a visiting speaker (such as a local bank manager, a business link advisor or a local
                          enterprise agency representative) to explain the main components of a successful business plan
                          and to emphasise the importance of having clear aims and objectives, and timescales for
                          achieving them.
                          Working in groups, ask learners to identify performance measures to assess the ongoing
                          progress of the business plan (AC4b).
5 Assessment              A sample assignment brief is available at www.diplomainfo.org.uk                                                         19




Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1
Page 4 of 6
RESOURCES
Websites
Best Companies: www.bestcompanies.co.uk
Dragons’ Den: www.bbc.co.uk/dragonsden
The Prince’s Trust: www.princes-trust.org.uk
The Secret Millionaire: www.secretmillionaire.channel4.com
Shell LiveWIRE: www.shell-livewire.org
Business Link: www.businesslink.gov.uk
NFTE (The Network for Teaching Entrepreneurship): www.nfte.co.uk
Startups: www.startups.co.uk
The Social Enterprise Coalition: www.socialenterprise.org.uk/pages/case-studies.html?SP=1892
tutor2u: www.tutor2u.net


Small business advisory services
The Federation of Small Businesses, 2 Catherine Place, Westminster, London, SW1E 6HF.
Tel: 020 7592 8100; Fax: 020 7828 5919; www.fsb.org.uk
NFTE, Enterprise Education Trust, Enterprise House, 1–2 Hatfields, London, SE1 9PG.
Tel: 020 7261 4550; Fax: 020 7261 4530; www.nfte.co.uk


Books
Mariotti, S. and Caslin, M. (2000) The Very, Very Rich (formally called ‘Entrepreneurs in Profile’). Franklin Lakes, NJ: Career
Press. See Chapter 1.
Marcouse, I. (2006) GCSE Business Studies: Introduction to Enterprise. London: Hodder Arnold.




Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1
Page 5 of 6
Rickman, C. and Roddick, A. (2005) The Small Business Start-up Workbook: A Step-by-Step Guide to Starting the Business
You’ve Dreamed Of. Oxford: How to Books.




Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1
Page 6 of 6

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Baf Unit 1 Scheme Of Work

  • 1. Level 2 – Sample scheme of work (7352) BUSINESS, ADMINISTRATION AND FINANCE Unit 1: Business enterprise
  • 2. Business, Administration and Finance Level 2 Unit 1: Business enterprise Sample scheme of work This is an example of a possible scheme of work. You can use it as it is, adjust it or extract content to create a scheme of work to suit your delivery needs. It can also be adjusted by adding theory workshops to support learners who have/need additional learning time. This unit is assessed through a centre set and marked assignment, which will be externally moderated. A sample assignment brief is available at www.diplomainfo.org.uk Total GLH 60 Delivery model This scheme of work is divided into topics and each topic is assigned an approximate number of hours. The topics can then be split according to the duration of sessions and the period of delivery. A list of resources is provided at the end of this document. Aim To help learners appreciate the characteristics of entrepreneurs and to understand how entrepreneurship can benefit society through innovation and creativity. Learners will: • understand the impact of entrepreneurship and entrepreneurs on business • be able to develop a business enterprise idea • be able to present a business idea to prospective investors • be able to start up a business enterprise. Notes The assessment for this unit can be included as part of another unit assessment. This unit has close links with the rest of the qualification and, as such, it is suggested that learners are introduced to this topic at the start of the learning programme and that it is taught concurrently with the remaining units. Under FS (functional skills): * indicates opportunities for assessment in English of speaking and listening and/or written communication + indicates opportunities for use of mathematics in analysing, interpreting and presenting information Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1 Page 1 of 6
  • 3. indicates opportunities for assessment in ICT. Topic Activities, assignments, assessments LO and PLTS FS GLH AC 1 Understanding the Introduce learners to enterprise skills and their importance by studying the profiles of successful AC1a–c 10 impact of entrepreneurs (AC1a). entrepreneurship Organise a talk and a question-and-answer session with a local entrepreneur to understand the and entrepreneurs difference between employee and entrepreneur and the advantages and disadvantages of on business owning a business. Talks could be supplemented by DVDs, such as Jump Start from the NFTE: www.nfte.co.uk/index.php?mod=teachers_classroom_resources Working individually or in groups, ask learners to research two or three entrepreneurs (from a local or national background) to identify characteristics of entrepreneurs. Learners must then present their research to the rest of the class. Working in groups, ask learners to research entrepreneurs and their businesses (AC1b). The focus should be on how their businesses have benefited from the entrepreneurs (eg Theo Paphitis and Ryman, the stationery supplier). Learners must then present their research to the rest of the class. Then ask learners to research how the UK economy benefits from the work of their chosen entrepreneur (AC1c), eg in terms of job creation, taxation, growth or customer choice. Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1 Page 2 of 6
  • 4. Topic Activities, assignments, assessments LO and PLTS FS GLH AC 2 Developing a Working individually, ask learners to research ways of generating new ideas and methods of AC2a–c CT1 * 10 business enterprise identifying a new product (AC2a). idea Divide the class into small groups. Ask each to identify a business idea and distinguish between this and a genuine business opportunity. Each group should present their ideas to the class. Working individually, ask learners to prepare a questionnaire to identify needs in their local area. The findings should then be collated as a group to identify potential businesses that might satisfy these needs. Working in small groups, ask learners to consider the strengths and weaknesses of their potential business idea. Learners must take into account the resources available, eg time and money (AC2b). Working individually, ask learners to identify a product based on the viability of their business opportunities (AC2c). 3 Presenting a Arrange for a visiting speaker (such as a local bank manager) to talk to the learners. Learners AC3a, b IE6 * 12 business idea to need to understand the importance of having an initial plan, as well as an ongoing plan, for RL3 prospective running a business. The speaker should give learners an insight into which ideas are more likely investors to succeed and why. In a Dragon’s Den style activity, ask learners to present their individual ideas to the rest of the group, who will act as the investors (AC3a). The speaker can also take part if they wish. Following the feedback from potential ‘investors’, learners should produce a final, written, evaluation of their business idea with suggestions for improvement (AC3b). Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1 Page 3 of 6
  • 5. Topic Activities, assignments, assessments LO and PLTS FS GLH AC 4 Starting up a Working in groups, ask learners to develop a basic business plan (AC4a). The business plan AC4a, b * 9 business enterprise acts as a tool, allowing learners to: • set objectives and break down tasks in order to implement the plan • deploy team members – recognising individual strengths and weaknesses • organise resources • forecast sales • budget • carry out a risk/reward assessment before starting an enterprise • present a plan to a target audience. Arrange for a visiting speaker (such as a local bank manager, a business link advisor or a local enterprise agency representative) to explain the main components of a successful business plan and to emphasise the importance of having clear aims and objectives, and timescales for achieving them. Working in groups, ask learners to identify performance measures to assess the ongoing progress of the business plan (AC4b). 5 Assessment A sample assignment brief is available at www.diplomainfo.org.uk 19 Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1 Page 4 of 6
  • 6. RESOURCES Websites Best Companies: www.bestcompanies.co.uk Dragons’ Den: www.bbc.co.uk/dragonsden The Prince’s Trust: www.princes-trust.org.uk The Secret Millionaire: www.secretmillionaire.channel4.com Shell LiveWIRE: www.shell-livewire.org Business Link: www.businesslink.gov.uk NFTE (The Network for Teaching Entrepreneurship): www.nfte.co.uk Startups: www.startups.co.uk The Social Enterprise Coalition: www.socialenterprise.org.uk/pages/case-studies.html?SP=1892 tutor2u: www.tutor2u.net Small business advisory services The Federation of Small Businesses, 2 Catherine Place, Westminster, London, SW1E 6HF. Tel: 020 7592 8100; Fax: 020 7828 5919; www.fsb.org.uk NFTE, Enterprise Education Trust, Enterprise House, 1–2 Hatfields, London, SE1 9PG. Tel: 020 7261 4550; Fax: 020 7261 4530; www.nfte.co.uk Books Mariotti, S. and Caslin, M. (2000) The Very, Very Rich (formally called ‘Entrepreneurs in Profile’). Franklin Lakes, NJ: Career Press. See Chapter 1. Marcouse, I. (2006) GCSE Business Studies: Introduction to Enterprise. London: Hodder Arnold. Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1 Page 5 of 6
  • 7. Rickman, C. and Roddick, A. (2005) The Small Business Start-up Workbook: A Step-by-Step Guide to Starting the Business You’ve Dreamed Of. Oxford: How to Books. Sample Scheme of Work: Business, Administration and Finance, Level 2 Unit 1 Page 6 of 6