We are learning to identify and evaluate factors in choosing and running a business. To understand common challenges business owners face and the skills required to overcome them.
Running a business is not easy. It might seem exciting, but it’s not always as easy as it looks. Business owners face many challenges, from managing money to keeping customers happy, and even finding time to relax. It’s not just about making a profit—it’s about making smart decisions, solving problems on the spot, and juggling multiple tasks every day. Whether it's dealing with unexpected costs, handling difficult customers, or managing a busy work schedule, being a business owner requires hard work, patience, and the ability to adapt to new challenges. In today’s lesson, we’ll explore some of these difficulties through a real-life example and see how smart planning and problem-solving can help businesses survive and thrive.
What do you think are some benefits of owning a business?
What might be some challenges or unexpected issues in running a business?
Read through this sheet and answer the questions. This is an example similar to that on the test, it will help you understand the difficulties of someone who is starting their own business.
Teacher notes: Ask students to highlight or underline any major problems Mia encounters in her business. Encourage them to make notes in the margins about why they think these issues occurred.