Ch 5: Business Ownership Types Lesson Plans

About This Chapter

The Business Ownership Types chapter of this course is designed to help you plan and teach systems of business ownership in your classroom. The video lessons, quizzes and transcripts can easily be adapted to provide your lesson plans with engaging and dynamic educational content. Make planning your course easier by using our syllabus as a guide.

Weekly Syllabus

Below is a sample breakdown of the Stress Disorders chapter into a 5-day school week. Based on the pace of your course, you may need to adapt the lesson plan to fit your needs.

DayTopicsKey Terms and Concepts Covered
Monday Sole proprietorship
Partnerships
Definition of sole proprietorship, pros and cons of this type of business ownership
Types of partnerships, pros and cons of each
Tuesday Limited Liability Companies (LLCs)Definition of LLCs, articles of organization, operating agreement, member-managed LLC, manager-managed LLC
Wednesday CorporationsTypes, advantages, disadvantages and examples
Thursday Corporate expansionDefinition of merger and acquisition, types of mergers, leveraged buyouts
Friday Franchises
Cooperatives
Definition of franchise, pros and cons, global franchising
Definition of cooperative, their purpose

7 Lessons in Chapter 5: Business Ownership Types Lesson Plans
Test your knowledge with a 30-question chapter practice test
What is a Sole Proprietorship? - Definition, Advantages, Disadvantages & Examples

1. What is a Sole Proprietorship? - Definition, Advantages, Disadvantages & Examples

Many businesses start out as sole proprietorships. In this lesson, you'll learn what a sole proprietorship is and its advantages and disadvantages. You'll also have a chance to reinforce your knowledge with a short quiz.

The Basics of Partnerships: Types & Examples

2. The Basics of Partnerships: Types & Examples

Partnerships are a common way to organize a business in the United States. In this lesson, you'll learn about different types of business partnerships and their respective advantages and disadvantages. A short quiz follows the lesson.

The Basics of LLCs: Limited Liability Companies

3. The Basics of LLCs: Limited Liability Companies

The limited liability company is one of the most popular business organizational forms for small and medium-sized businesses. In this lesson, you'll learn about the key characteristics of a limited liability company. A short quiz follows.

Corporations: Types, Advantages, Disadvantages & Examples

4. Corporations: Types, Advantages, Disadvantages & Examples

Corporations are a popular form of business organization for large and small businesses. In this lesson, you'll learn about the advantages and disadvantages of a corporation. You'll also learn about S-corporations and C-corporations.

Corporate Expansion: Mergers and Acquisitions

5. Corporate Expansion: Mergers and Acquisitions

Corporations can grow in two different ways: through expansion of their current business or through mergers and acquisitions. In this lesson, you'll learn about mergers and acquisitions. A short quiz follows.

Franchises: Opportunities and Challenges

6. Franchises: Opportunities and Challenges

Franchises offer a way for a person to start a proven business. In this lesson, you'll learn about franchises, including their advantages and disadvantages. You'll also learn about diversity and global challenges in franchising.

The Role of Cooperatives in Business

7. The Role of Cooperatives in Business

A cooperative is a type of business organization used for a variety of economic and social purposes. In this lesson, you'll learn about cooperatives, their characteristics and the role they serve in the economy. A short quiz follows.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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