Cambridge IGCSE Business: Types of Business Organisation, Should Mei Stay a Sole Trader?

Learners work out what a bakery owner could lose under unlimited and limited liability, sort the features of four types of business organisation, judge a franchise and a joint venture and recommend one option.

What students do

• Name six types of business organisation from short descriptions
• Calculate what an owner could lose personally under unlimited and limited liability if the business fails
• Sort the features of sole traders, partnerships and private and public limited companies in pairs
• Judge a franchise and a joint venture, then recommend and justify one option for the owner

What the teacher gets

• A lesson plan for about 55 minutes of tasks, with a shorter 45-minute version. Allow longer in the timetable for handing out and feedback
• The completed liability table, the feature sort and worked answers for every question
• Indicative guidance for the written recommendation. It is not an exam board mark scheme and carries no marks or grades
• Editable Word versions of both files, so you can change the business or the figures

Specification

Cambridge IGCSE Business (0264) and Cambridge IGCSE (9-1) Business (0774), syllabuses for exams in 2027, 2028 and 2029, section 1.4.1 Different types of business organisation: sole traders, partnerships, private and public limited companies and their advantages and disadvantages, franchises and joint ventures, and recommending and justifying a suitable type of business organisation. Checked against the version 2 syllabuses. This lesson is for 0264 and 0774, not Business Studies 0450. The business and every figure are fictional and the questions are original. This is not a Cambridge resource, and the lesson has not yet been tested in a classroom.