CeFE Unit 3 · Topic 1 · Lesson 1 of 5

What is a business?

LO1 — Describe what makes a business successful Open your Topic 1 Workbook alongside · keep saving across lessons

Stimulus — watch together

5 min
Workbook check: Before we start, one of you should have downloaded the Topic 1 Pair Workbook from the Topic 1 Teams assignment. Open it now and put both your names on the cover. You will add to this same file across all five Topic 1 lessons — do not start a new file each lesson.

Before we do anything else, we need to agree on what a business actually is. One short definition clip, then we'll talk about what we just heard.

Teacher notes — Stage 1

Before playing

  • Ask pairs to write down one keyword from the video — forces active watching.
  • Check both laptops are unmuted; YouTube mutes by default on embeds.

Timing cue

Around 5 minutes total including getting settled. One video, then move on. The other video clips and the Dragons' Den pitch arrive later in Topic 1 — Lesson 2 (forms of business) and Lesson 5 (USP).