In this lesson, business ownership is defined with the types of business ownership structures, as well as reasons given as to why people would want to start a business. Participants will play Bonus Basket Review from Vocabulary Reinforcement Activities Active Learning Tool, play Four on the Floor Active Learning Tool, watch some videos on types of business ownership as well as franchises, examine an infographic about business opportunities, do a drag and drop review game as a conclusion option, or create a Foldable or play an Escape Room challenge, and create a promotional poster or brochure about a company as an assessment option.

Cross-curricular keyword: ELA

Lesson Objectives

  • Explain the different types of business ownership
  • Describe advantages and disadvantages of sole proprietorships
  • Describe advantages and disadvantages of partnerships
  • Describe advantages and disadvantages of corporations
  • Recognize importance of a franchise option

Want Full Access?

This lesson includes additional resources, files, and activities that are available to registered educators. Sign in or register to access the full lesson content.

Reviews

No reviews yet. Be the first to review this lesson!