Lesson plan · Entrepreneurship · Lesson 9
Business Plans
A one-page plan that forces clear thinking.
- 45 minutes
- Grades 9–12
- Beginner
- Activity: small groups
Objectives
Students will be able to:
- Build a one-page business plan
- Treat a plan as a list of assumptions to test
- Include key risks and a plan B
Materials
- Slide deck and a projector
- Worksheet (one per student)
- Exit ticket slips (bottom of the worksheet)
45-minute agenda
- 0–5 min
Warm-up
Post: “If you had to explain your business idea on one index card, what would you write?”
- 5–12 min
Direct instruction
Present the lesson slides. Make sure students leave with these points:
- One page beats forty for a new business.
- A plan is a list of assumptions to test.
- Include risks and a plan B.
- Update it monthly.
Use the “See it” slide (The one-page business plan) to make the idea visual.
- 12–17 min
Worked example
Walk through “Marcus's one-page plan” on the slides. Pause before the result and ask students to predict it.
- 17–32 min
One-Page Plan Sprint
Format: small groups · 15 minutes
- Groups use the one-page plan sections from the lesson for a business idea from earlier lessons.
- Each section gets no more than three bullet points.
- Groups circle their riskiest assumption and write how they'd test it in two weeks.
- Groups swap plans and give one question and one suggestion.
What to look for: Strong plans are specific, include numbers, name a riskiest assumption, and have a test with a deadline.
- 32–37 min
Check for understanding
Use the question slides — or run them as a Four Corners game. Answers:
- What's the main purpose of a one-page business plan for a new business? — B. To write down clear assumptions you can test and update
- What should happen to your plan? — B. Update the revenue section to reflect what you learned
- Naming your biggest risks in a business plan makes the business look weaker, so it's better to leave them out. — False
- 37–42 min
Discussion
- Which section of the one-page plan would be hardest for you to fill in? Why?
- Why might a long, detailed plan be less useful than a short one early on?
- 42–45 min
Exit ticket
Prompt: Why is a one-page plan better than a 40-page plan for a new business?
Answer: It forces clear thinking, is quick to update, and focuses on assumptions to test.
Differentiation
Common misconception
“A business plan predicts the future.” It's a set of guesses to test and update.
Support
Provide a filled-in example plan for a different business.
Extension
Update your plan after testing one assumption, and note what changed.
Homework or make-up work
Students can complete the full interactive lesson — including its knowledge check — at learnwithflc.org/courses/entrepreneurship/business-plans. No account needed; progress saves on their device.