Grade 11 Business Studies Term 3 Notes: Starting a Business Venture PDF nvgfyg

Term 3 Content Brief

Grade 11 Business Studies Term 3 Notes: Starting a Business Venture PDF nvgfyg

“Strategy: Plans created by the entrepreneur that is spelt out in the business plan and enforced in the action plan.” “Collateral: The asset that is pledged to the bank in case of a default in the repayment of a loan.” “Mortgaged bond: A debt instrument issued for a period of more than one year with the purpose of raising capital from borrowing.”

Table of contents covering exam guidelines, terms and definitions, aspects to consider when initiating a business, factors before start-up, reasons for funding, sources of funding, and factors influencing choice of funding, across 7 pages.

Outline aspects to consider when initiating a business; explain reasons businesses need funding; outline sources of funding; explain factors influencing the choice of funding.

Grade 11

Subject Business Studies

Year 2021

Curriculum South African (CAPS)

On this page you will find Gauteng Department of Education study notes for Grade 11 Business Studies, Term 3, Chapter 16. The chapter explains how to start a business venture using an action plan, covering the strategic, operational and other factors to weigh before start-up. It details why businesses need funding, the different sources of finance available, and the factors that influence which funding option to choose. Key terms and definitions are listed to support exam preparation. These notes help learners understand and recall the practical steps and financial considerations behind launching a new business, as required for Term 3 assessments.

The following document, 2021 BUSINESS STUDIES GRADE 11 NOTES TERM 3 CHAPTER 16 3.pdf, is the full document.

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