INTERACTIVE VIDEO

Get ready to explore the world of business with this interactive video. Once launched, you'll dive into interactive activities, master case study analysis, and challenge your knowledge with a multiple-choice quiz
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OVERVIEW

Businesses come in various sizes, industries, and ownership structures, ranging from a single owner to large corporations with numerous shareholders. Deciding which type of ownership structure can influence a business's tax payments, profit sharing, and the owner's personal responsibility or liability in case of losses or bankruptcy.

In this interactive video, we will focus on the three common types of ownership structures in the United Kingdom: sole traders, partnerships, and limited companies. We will discuss the advantages and disadvantages of each of these in future videos. Additionally, we will explore two similar businesses: one incorporated and one unincorporated business, both with different types of liability.

By the end of this video, you will have a good understanding of the different types of business ownership structures, their advantages and disadvantages, and how they can impact a business's liability and control. It’s time to dive into the fascinating world of business ownership structures!
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  • DETAILED EXPLAINER VIDEO
  • 10 QUESTION MULTIPLE-CHOICE QUIZ
  • 6 INTERACTIVE ACTIVITIES
  • INTERACTIVE CASE STUDY
  • SUPPORTING STUDENT WORKSHEETS

CASE STUDY ANALYSIS
THE CURIOUS CAT CAFE

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  • The interactive case study explores the story of Oscar Matthews, who opened the Curious Cat Cafe in the Midlands in 2019. Although initially successful, bad publicity and the pandemic forced the cafe to close, and Oscar had to put the company into administration. Fortunately, as he had set up the business as a Limited Company, he was not personally responsible for the debts of the business and was able to find another job to provide for his family.

Teacher Resources

Below you can find a range of teaching resources, from printable PDFs to Google Forms, along with an uninterrupted video to play to the entire class.

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