Start-up Finance Quiz

http://www.tutor2u.net/business/quiz/startup-finance/quiz.html

Next lessons student led starter

Next lesson I want Suleyman to lead a starter activity on:

1. Identifying the difference between internal & external sources of finance.
2. Explaining the drawbacks to each source of finance.
3. Judging the sources of finance suitable to a start-up business

The resources used will be posted along with a video of the activity as it happens to help with revision later on.

Sources of Finance Lesson

In today's lesson you will be given a bunch of "Flash Cards" with key definitions for the main sources of finance. Your task is to download this document and fill it in using your powers of deduction. You may find this article helpful also along with some of these.

Business Plans

http://www.tutor2u.net/blog/index.php/business-studies/comments/business-planning-teaching-resources Information on business plans!

Tiffinbites -

Have a read of this article about Jamal Hirani - the founder of Tiffinbites

http://www.guardian.co.uk/business/2008/aug/29/fooddrinks There are a variety of business concepts that come out of this. In your groups - read through the article and come up with some answers to the following questions. Revision Questions What were Jamal's motives for setting up his business? What was one key characteristic that Jamal showed? What type of market is Jamal operating in? Key Learning Objective: Identify one source of finance that Jamal used to set up his business. [Grade D/E] Explain the advantages and disadvantages of this type finance [Grade C/B] Discuss at least 3 other types of external finance that Jamal might be able to use [Grade B/A] The last learning objective will need some research in textbooks!

Obama Vs Mitt Romney: Who will win?

http://www.bbc.co.uk/news/world-us-canada-19415745

I hope you have all heard about a big election going on across the Atlantic Ocean. The ripple effects of this result will be felt all around the world as the worlds superpower decides who it will ask to guide its economy for the next 4 years. There are many issues being fought over in the election which you can see here. However, for many it is a straight choice between a republican candidate accused of flip flopping and a democratic president accused of not bringing forth the promised change of his first election. America will make its choice and we will just have to wait and see. The BBC has an awesome Poll tracker you can use by just clicking the image above but you can see just how close the race is!

When it comes to economics these two candidates have quite polar views (depending on the crowd being addressed by Mitt Romney sometimes...) and although we might think it will not affect us Americas economy is so large it allways will. They have a great deal of debt especially to China and so they need to be paying this off. They are also responsible for a great deal of global demand for products and services along with producing a lot themselves. The world needs a growing US economy, the question is which candidate will give us this? I can't be biased here but I have an opinion. Do any of you have one?

Corporate Social Responsibility

Starbucks have paid next to no taxes in the UK by declaring that they are making a loss in their UK stores. This despite apparently telling investors that the UK market is highly profitable... 

Make up your own mind but it raises the question of corporate social responsibility. This is something we will discuss in class next term, personally I don't like Starbucks regardless and I will make sure I do not spend my money in their chains until this gets cleared up. I want company's to pay their fair share of UK taxes as I once did!