Coverage: All five Paper 1 topics (1.1–1.5) with mixed card types: reasoning, scenario, compare, connection, trace/calculation, extended-response (6/9/12 mark), cloze and misconception. Heaviest coverage on extended-response and scenario, which yield the most marks.
Spec points covered: 1.1.1 dynamic nature; 1.1.2 risk & reward; 1.1.3 adding value/USP; 1.1.4 entrepreneur role & characteristics; 1.2.1 customer needs; 1.2.2 primary/secondary, qual/quant, sample, social; 1.2.3 segmentation; 1.2.4 competitive environment; 1.2.5 market mapping; 1.3.1 aims & objectives (financial & non-financial); 1.3.2 revenue, costs, profit, break-even, ARR, margin of safety; 1.3.3 cash & cash-flow forecasts; 1.3.4 sources of finance; 1.4.1 ownership (sole, partnership, Ltd, franchise, limited liability); 1.4.2 location; 1.4.3 marketing mix; 1.4.4 business plan; 1.5.1 stakeholders & conflicts; 1.5.2 technology; 1.5.3 consumer & employment law; 1.5.4 economic context (interest, inflation, exchange, tax, income).
Lighter coverage / still to do: calculation drills could be expanded (especially break-even charts, percentage change in profit, cash-flow with multi-month carry). Specific employment-law cases (e.g. equality vs minimum wage) get one card each — could be doubled. Specific franchising mechanics (royalties, fees) only one card.
Suggested connection cards (for next batch):
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