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FLC

Teaching guide

Understanding Businesses

Every company you buy from, work for, or might someday invest in runs on the same basic math. This course teaches you to think about a business — how it makes money, whether it keeps any, what it owns and owes, and what could go wrong.

  • 11 lessons
  • 13 class periods of 45 min
  • Intermediate

By the end of the unit

What students will be able to do

Pacing guide

13 days, one lesson per class

Every lesson comes with a 45-minute plan, projector-ready slides, and a printable worksheet with an answer key.

  1. Day 1

    How Businesses Make Money

    Apply Profit = Revenue − Expenses

    Activity: Run the Cart

  2. Day 2

    Profit and Margins

    Distinguish gross, operating, and net profit

    Activity: Margin Match

  3. Day 3

    Reading an Income Statement

    Read an income statement from revenue to net income

    Activity: Line by Line

  4. Day 4

    Assets, Liabilities, and Equity

    Define assets, liabilities, and equity

    Activity: Keep It Balanced

  5. Day 5

    Reading a Balance Sheet

    Read a balance sheet as a snapshot on one date

    Activity: Financial Health Check

  6. Day 6

    Cash Flow

    Explain why profit and cash can differ

    Activity: Profitable and Broke

  7. Day 7

    Business Models

    Define a business model

    Activity: Model Match

  8. Day 8

    Competitive Advantages

    Define a competitive advantage (moat)

    Activity: Build a Moat

  9. Day 9

    What Is a Company Worth?

    Calculate market capitalization and the price-to-earnings (P/E) ratio

    Activity: Buy the Pizza Shop

  10. Day 10

    Business Risk

    Identify common risks a business faces

    Activity: Risk Radar

  11. Day 11

    Putting It Together

    Apply the six-question framework to a business

    Activity: Analyst Team

  12. Day 12

    Review day

    Play Money Jeopardy with this course's questions, then review what teams missed.

    Open Jeopardy
  13. Day 13

    Unit test

    A printable test in short and full versions, with an answer key.

    Open unit test

Classroom games

Games that fit this course