Mr Kidman's ClassroomEdexcel · GCSE (9–1) · Business · 1BS0
GCSE Business Revision
Understand business decisions with clear notes, worked calculations and useful diagrams. Explore small businesses in Theme 1 and growing businesses in Theme 2.
Filters work together. BUS1–BUS10 are this site's page codes; the numbered subtopics follow Edexcel 1BS0. Study both themes; Business has no Foundation/Higher split.
Business topics
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Theme 1 · Investigating small business
Paper 1Enterprise and entrepreneurship
Ideas, risk, reward, added value and the entrepreneur.
Spotting a business opportunity
Customer needs, market research, segmentation and competition.
Putting a business idea into practice
Objectives, revenue, costs, profit, break-even, cash flow and finance.
Making the business effective
Ownership, liability, franchising, location, the marketing mix and business plans.
Understanding external influences on business
Stakeholders, technology, legislation, the economy and business responses.
Theme 2 · Building a business
Paper 2Growing the business
Growth, changing objectives, globalisation, ethics and the environment.
Making marketing decisions
Product, price, promotion, place and an integrated marketing mix.
Making operational decisions
Production, productivity, suppliers, stock, quality and customer service.
Making financial decisions
Gross and net profit, margins, average rate of return and interpreting performance.
Making human resource decisions
Structures, communication, working patterns, recruitment, training and motivation.
How should I use these notes?
Each page covers one of the ten main course topics, with sections for all 39 numbered subtopics. Follow the definitions with a chain of effects, apply it to the business in the question and justify your judgement using evidence. Practise calculations with their units and interpretations.
Theme 1 focuses on small businesses; Theme 2 on growth and larger businesses. Knowledge across the course can inform answers on either paper. The cases here are fictional practice examples.