Business & Money management

Why might we start our own business and how confident are we as a nation? Slides for L1 and L2 English learners to find out more about their career choices (in this case, running their own business) while building their English skills.

Editor's note

Level
Level 1
Level 2
English
FE L1.4 Communicate information / ideas / opinions clearly & accurately on range of topics
FE L2.5 Communicate information/ideas/opinions clearly/effectively with further detail/development if required
FE L1.6 Follow / understand discussions & make contributions relevant to situation & subject
FE L1.12 Recognise that language & other textual features can be varied to suit different audiences & purposes
FE L1.14 Understand organisational / structural features use to locate relevant information
FE L1.17 Read & understand a range of specialist words in context
FE L1.18 Use knowledge of punctuation to aid understanding of texts
FE L2.15 Use a range of reference materials & resources (e.g. glossaries, legends/keys) for different purposes
FE L2.16 Understand organisational features & use to locate relevant information in a range of sources
Context
Business & Money management
Employment skills & Public services

This is a Level 2 based Currency Conversion set of 4 questions with resource sheets and answers.  All exchange rates resources were obtained from web sites such as The Post Office and the Bank of England. 

Editor's note

Also provides useful practice in multiply, dividing with decimals (up to 4 decimal places); sensible rounding of answers; and extracting data from tables.

Level
Level 1
Level 2
GCSE L1-5
Maths
FM Straightforward problem(s) with more than 1 step
FM Complex multi-step problem(s)
FM L2.13 Calculate amounts of money, compound interest, percentage increases, decreases & discounts inc. tax & budgeting
FM L2.14 Convert between metric & imperial units of length, weight & capacity using a) a conversion factor & b) a conversion graph
FM L2.10 Add, subtract, multiply & divide decimals up to 3 decimal places
Context
Business & Money management
Leisure Travel Tourism

This is a project based on Benford's law. I had this idea after watching the Numberphile series on YouTube. This is a project based activity that involves many skills including working with large numbers, using percentages, representing data and probability.

The investigation is introduced to learners using the PPT (and optional YouTube links). Learners then split into four groups - each is given a random set of  share prices [see Excel file].  Each group investigates the occurrence of numbers starting with each digit from 1 to 9.

Editor's note

Level
Level 1
Level 2
Maths
FM Complex multi-step problem(s)
FM L1.1 Read, write, order & compare large numbers (up to one million)
FM L1.14 Calculate percentages of quantities, inc. simple percentage increase / decrease by 5% & multiples of
FM L1.15 Estimate answers to calculations using fractions and decimals
FM L1.27 Represent discrete data in tables, diagrams & charts inc. pie charts, bar charts, line graphs
FM L1.28 Group discrete data & represent grouped data graphically
FM L1.30 Understand probabilities on a scale from 0 to 1; use to compare the likelihood of events
FM L1.31 Use equally likely outcomes to find probabilities of simple events & express as fractions
Context
Business & Money management

A reading comprehension and vocabulary activity suitable for both ESOL and Literacy / Functional Skills. The activities are based on a BBC News article about John Cronin’s online business, John’s Crazy Socks. John, who has Down’s Syndrome, is a co-founder of the business, along with his father, Mark.

Level
Entry Level 2
Entry Level 3
Level 1
English
Engage in Discussion
Use reading strategies
Rw/L1.2
Identify main points and detail
Plan, compose and draft
Follow and understand
Functional Skills English
ESOL
ESOL Reading: word focus (vocabulary, word recognition, phonics)
ESOL Writing: text focus (composition)
ESOL Reading: text focus (comprehension)
Context
Employment skills & Public services
Business & Money management

An exercise in Microsoft Word built around the content of a HR article from:
https://www.consultancy.uk/services/hr-consulting

Editor’s note
Three separate step by step activities cover paragraph formatting, working with tables, and pictures/objects.

Level
Level 2
Level 1
ICT
Level 1 and 2 CLAIT / ECDL
Developing, presenting and communicating information
Functional ICT
Context
Business & Money management

My class of adult learners were struggling to associate fractions with real world scenarios so I created this worksheet based on honest situations.
The questions are diverse in difficulty from Entry level 2 to Level 2 making it a good worksheet as a starter or revision.
Editor’s note
With curriculum mapping and answers

Level
Entry Level 2
Entry Level 3
Level 1
Level 2
Maths
N2/L2.3
N2/L1.2
Functional Maths - numbers and the number system
N2/E3.6
N2/E3.1
N2/E2.2
Context
Retail Hospitality Customer service
Business & Money management

This a functional resource. This resource uses addition, subtraction, multiplication and rounding numbers.
Sam and Tom have weekly incomes from various sources and lots of expenditure!
Subtraction is needed to find out how much money they have left, and multiplication is used to work out money needed for lunches for each day. Each section ends with a rounding task showing items the students have saved for.

Level
Entry Level 3
Entry Level 2
Maths
Functional Maths - numbers and the number system
Functional Maths - measures, shape & space
Context
Independent living
Business & Money management

I use this in my ESOL Functional Maths classes. I know there are already excellent measures / postal charges resources on Skillsworkshop, but I wanted to do a matching type exercise, which ESOL students are very familiar with.

Level
Level 1
Entry Level 3
Maths
Functional Maths - measures, shape & space
Functional Maths - handling information and data
ESOL
ESOL Reading
Context
Retail Hospitality Customer service
Business & Money management

Comprehensive, step by step 12 page workbook.
Students must research their own budgets and local financial institutions before making major financial decision such as costing an event and taking out a loan to buy a car.
Covers money, decimals, ratio and percentages (interest rates). Fully mapped to E2-L1 Functional Maths.

Level
Level 1
Entry Level 3
Entry Level 2
Maths
General numeracy / maths
Functional Maths
Context
Independent living
Business & Money management

Very useful set of follow me cards for checking learners’ knowledge of adding and subtracting negative numbers. With instructions.

Level
Level 2
Maths
N1/L2.1
Functional Maths - numbers and the number system
Context
Business & Money management