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Business Studies for Secondary Schools
Appendix 5: Quality chicken ready for As a youth entrepreneur, you and your
sale group will develop a business plan that
solves one of the challenges above.
You will use the simplified business
plan template provided by your
FOR ONLINE READING ONLY
teacher, to describe and organize your
business idea.
Reflection questions:
1. Describe the business.
2. Explain how market assessment
will be conducted.
3. Describe the products or services
Skills lab activity
the business will offer.
Your community is facing several 4. Explain the marketing plan.
challenges. You are in one of the
groups that will choose one challenge 5. Show your financial plan, explaining
to solve by generating a business idea, how you will acquire resources and
then developing a simple and impactful how you will make money.
business plan using the business plan
template provided.
Choose one community challenge to Project activity
solve among the following: Reflect on the business idea you
1. Challenge A: Childcare gap: developed in Form Two. If your
There are few safe and affordable previous idea is still feasible, refine
after-school activities or spaces and expand it. If not, develop a new
for young children (ages 4–10) in business idea that is practical and
your area. Many children are left relevant to your community.
unsupervised after school while 1. Make a sample of the product or
their parents work, putting them service from your business idea
at risk and limiting their learning and conduct a market assessment.
or play opportunities. (a) Set the product price using a
cost-based approach.
2. Challenge B: Farmer transport (b) Interview potential customers
and market access problem: Local of your product to establish
farmers in your area struggle to their perceptions or feedback
get their farm produce, like fruits on the following:
and vegetables, to the market on
time.
81 Student’s Book Form Three
