Size, Features & Ownership of SMEs
BTEC EnterpriseC1-1aVocationalLesson packFree
About this resource
BTEC Enterprise Component 1 (A1) — how we classify SMEs by staff numbers, the different types of profit-making enterprise (sole trader, partnership, LLP, ltd, social enterprise), and the features SMEs share.
17 slides.
Lesson outline
- Do Now — Getting Started
- Quick Check — Spot the Tier 3 Word
- How Do We Measure the Size of an SME?
- Hinge Check — What Decides SME Size?
- Types of Profit-Making Enterprise
- Match the Ownership Type
- Hinge Check — Sole Traders
- Features That SMEs Share
- Hinge Check — What Does 'Ltd' Actually Mean?
- True or False — Social Enterprises
- Main Activity — Classify Kestrel Cycles
- Applied Understanding — Modelled Example
Unit bundleComponent 1 · Exploring enterprises
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