Topic C05: Process of Developing a Business Plan Topic Overview p. 1
BAFS Learning and Teaching Example As at April 2009
Learning Objectives: 1. To understand the importance of business planning; 2. To understand the process of developing a business plan; and 3. To develop a basic business plan for a SME. Overview of Contents: Lesson 1 Business Planning and Setting Objectives Lesson 2 Developing a Business Plan (Part I) Lesson 3 Developing a Business Plan (Part II) Resources:
Topic Overview and Teaching Plan PowerPoint Presentation Student Worksheet
Suggested Activity:
Case Study
Topic Overview Topic BAFS Compulsory Part - Introduction to Management
C05: SMEs Management Process of Developing a Business Plan Level S4 Duration 3 lessons (40 minutes per lesson)
Topic C05: Process of Developing a Business Plan Topic Overview p. 2
BAFS Learning and Teaching Example As at April 2009
Lesson 1 Theme Business Planning and Objectives Setting Duration 40 minutes Expected Learning Outcomes: Upon completion of this lesson, students will be able to: 1. Discuss the needs and importance of business planning; 2. Explain the process of developing a business plan; 3. Set objectives for a business plan; and 4. Define the mission and goals of a business. Teaching Sequence and Time Allocation:
Activities Reference Time
AllocationPart I: Introduction
Teacher introduces the lesson by describing the background of case of Uncle Bills Caf. PPT #2 3 minutes
Part II: Content
Activity 1 Case Study (Part I) Put students into groups of four to five and
identify the criteria Uncle Bill should consider in the set up of his business.
Teacher invites students to share their answers. Teacher discusses the importance of a business
plan. Teacher concludes the case study Part I by
discussing the answers with students. Summarise the six steps of a business plan
development.
PPT#3
Student Worksheet
pp.1-2
PPT#4-5
15 minutes
Teacher introduces the first step of business planning, i.e. setting objectives.
Teacher defines mission and explain the process of creating a mission statement.
Teacher displays sample mission statements of some well-known companies.
Teacher further explains what goals are and the process
PPT#6-13
20 minutes
Topic C05: Process of Developing a Business Plan Topic Overview p. 3
BAFS Learning and Teaching Example As at April 2009
of goals setting. Activity 2 Case Study (Part II)
Students are required to read the case of Uncle Bills Caf Part II and determine the mission and goals of Uncle Bills Caf.
Teacher invites students to present their answers.
PPT#14
Student
Worksheet pp.3-4
Part III: Conclusion Teacher consolidates the discussion and highlights the
key concepts covered. 3 minutes
Topic C05: Process of Developing a Business Plan Topic Overview p. 4
BAFS Learning and Teaching Example As at April 2009
Lesson 2 Theme Developing a Business Plan (Part I) Duration 40 minutes Expected Learning Outcomes: Upon completion of this lesson, students will be able to: 1. Explain the need of understanding the market during a business plan
development; 2. Discuss concerns related to customers, products, market structure and
competition in the market; and 3. Describe elements to be considered when deciding selling strategies. Teaching Sequence and Time Allocation:
Activities Reference Time
AllocationPart I: Introduction
Teacher reviews what was taught in the previous lesson. 3 minutes
Part II: Content Teacher introduces the second step of business
planning, i.e. understanding the market. Teacher further explains the information and data
needed for market research. Activity 3 Case Study (Part III)
Students remain in their groups formed in the previous lesson. Have them read the case of Uncle Bills Caf Part III and answer the questions.
Teacher invites students to present their answers.
PPT#15
PPT#16 Student
Worksheet pp.5-11
17 minutes
Teacher introduces the third step of business planning, i.e. deciding selling strategy.
Teacher further explains different elements, i.e. the 4 Ps, related to selling strategy.
Activity 4 Case Study (Part IV) Students are required to read the case of Uncle
Bills Caf Part IV and answer the questions. Students are invited to present their answers.
PPT#17
PPT#18 Student
Worksheet pp.12-16
17 minutes
Topic C05: Process of Developing a Business Plan Topic Overview p. 5
BAFS Learning and Teaching Example As at April 2009
Part III: Conclusion Teacher concludes the session by reviewing the major
steps of a business plan development. 3 minutes
Topic C05: Process of Developing a Business Plan Topic Overview p. 6
BAFS Learning and Teaching Example As at April 2009
Lesson 3 Theme Developing a Business Plan (Part II) Duration 40 minutes Expected Learning Outcomes: Upon completion of this lesson, students will be able to: 1. Describe the issues related to organise a business; 2. Describe the issues related to financial projection; and 3. Draw up an implementation schedule for a business plan. Teaching Sequence and Time Allocation:
Activities Reference Time
AllocationPart I: Introduction
Teacher reviews what students learned in previous lessons. 3 minutes
Part II: Content Teacher introduces the fourth step of business planning,
i.e. organising the business. Activity 5 Case Study (Part V)
Students remain in their groups formed in last lesson. They are required to read the case of Uncle Bills Caf Part V and answer the questions.
Teacher invites students to present their answers.
PPT#19
PPT#20-21 Student
Worksheet pp.17-18
12 minutes
Teacher introduces the fifth step of business planning, i.e. making financial projections.
Activity 6 Case Study (Part VI) Students are required to read the case of Uncle
Bills Caf Part VI and make projections on revenues and expenses of Uncle Bills Caf.
Teacher invites students to present their answers.
PPT#22
PPT#23-25 Student
Worksheet pp.19-21
15 minutes
Teacher explains the sixth step of developing a business plan, i.e. taking action.
Activity 7 Case Study (Part VII) Students are required to read the case of Uncle
Bills Caf Part VII, list out the major tasks of
PPT#26
PPT#27 Student
Worksheet
7 minutes
Topic C05: Process of Developing a Business Plan Topic Overview p. 7
BAFS Learning and Teaching Example As at April 2009
setting up Uncle Bills Caf and draw up an implementation schedule.
Teacher invites students to present their answers.
pp.22-23
Part III: Conclusion Teacher concludes the session by reviewing the whole
process of developing a business plan. PPT#28 3 minutes
1
1
BAFS Compulsory PartIntroduction to Management
Topic C05: SMEs Management- Process of Developing a BusinessPlan
Technology Education SectionCurriculum Development Institute
Education Bureau, HKSARGApril 2009
IntroductionThis session aims to introduce students to the process of a business plan development. Students will understand the different steps of developing a business plan.
DurationThree 40-minute lessons.
ContentsLesson 1 Business Planning and Setting ObjectivesLesson 2 Developing a Business Plan (Part I)Lesson 3 Developing a Business Plan (Part II)
2
BAFS Compulsory PartLearning and Teaching Example2
Topic C05Process of Developing a Business Plan
Activity 1: Case Study (Part I)
Uncle Bill has just returned to Hong Kong from Australia and is planning to open a Cha Chaan Teng.
He needs your advice!
Lesson 1
Activity 1 :
Start the lesson by describing the background of case of Uncle Bills Caf.Refer to Student Worksheet p.1 and explain to the class the background of the case. Uncle Bill has just returned to Hong Kong after living in Australia for 12 years. He was a chef at a Chinese restaurant in Melbourne. Uncle Bill is planning to open a Hong Kong style caf, called Cha Chaan Teng (). Being away from Hong Kong for 12 years, Uncle Bill is not so familiar with the local fast food industry. He seeks your advice for setting up his business.
3
BAFS Compulsory PartLearning and Teaching Example3
Topic C05Process of Developing a Business Plan
Activity 1: Case Study (Part I)
What are the key factors Uncle Bill should consider in setting up his business?
Ask the class to form groups of four to five and discuss among themselves what important issues Uncle Bill should think about in setting up his cafe. Ask students to write down their answers on Student Worksheet p.2. Invite students to present their answers.
4
BAFS Compulsory PartLearning and Teaching Example4
Topic C05Process of Developing a Business Plan
The Importance of Having a Business Plan
If you fail to plan, you plan to fail!
Introduce the concept of business plan with the idiom: If you fail to plan, you plan to fail and explain to the class that the importance of having a business plan
