Business teachers that teach Microsoft Word are presented with a unique challenge, bring the content down to the students' level.  Teachers who have been teaching for years fall into the trap of knowing their topic so well, they assume it is "easy" and that the student will learn quickly and know everything they do in short order.  Keep in mind, your students may have never used Word and their schema may not be nearly as developed as yours.  Keeping that in mind, here are some tips for teaching Microsoft Word.

Start with the basics: Begin by introducing the fundamental features of Microsoft Word, such as creating, opening, and saving documents, as well as navigating the interface. Beginning with the basics leverages the educational theory of scaffolding.  Start with the skills students will stand on every day after that lesson.

Provide hands-on practice: Encourage students to actively engage with Word by assigning practical exercises or projects that require them to use various features and tools. Don't be afraid to let you student experiment. Perhaps have a "find your own feature" day where students find s new feature they aren't familiar with and experiment with it. I liked to show students how to build a table of contents automatically based on header styles. It would save them a lot of time when writing other papers. 

Break it down: When teaching more complex features, break them down into step-by-step instructions, demonstrating each step clearly and encouraging students to follow along. Again, this deploys scaffolding in your presentation and don't forget to ask the student to demonstrate what they have learned before you keep presenting new content. Be cautious of automated teaching systems.  Often, they will teach a skill that is so isolated, that the student doesn't understand the context of the tool they are working with. You can fill that gap in your instruction.

Utilize templates: Showcase the pre-designed templates available in Word and explain how they can save time and effort for creating professional-looking documents. Templates can show students what is possible in Word.  So instead of explaining what word can do, they can open a template and see for themselves. Don't forget to explain to student concept of professional formatting.  Word doesn't do a great job telling students how to format a block style letter. Format is important in the business world, and implementing it correctly still escapes computer applications like Word.

Focus on formatting: Teach students how to format text, paragraphs, and pages effectively, including font styles, sizes, alignments, line spacing, margins, and indentation.

Explore styles and themes: Introduce students to Word's built-in styles and themes, which can help maintain consistency and enhance the visual appeal of documents.

Teach collaboration features: Highlight the collaborative capabilities of Word, such as real-time co-authoring, comments, and track changes, to enable students to work together on documents. Having student work on the same document live is fun and a great business skill. 

Demonstrate productivity shortcuts: Share time-saving shortcuts like keyboard combinations for common tasks, using the Quick Access Toolbar, and customizing the Ribbon interface.

Show advanced features: Introduce advanced features gradually, such as tables, images, headers and footers, footnotes, citations, and automatic table of contents. Don't be afraid to expose more advanced features before basic ones.  The educational theory of interleaving applies here. Of course, use your judgement. However, in many cases with great students, exposing them to advanced features could pay benefits for them later. You can read more interleaving here.

Practice troubleshooting: Encourage students to explore common issues they may encounter while using Word and teach them how to troubleshoot problems, such as document corruption or formatting inconsistencies. I have always found troubleshooting paragraph spacing is something that escapes many.  Some time spent on fixing bad paragraph spacing with "show codes" can save you and them a lot of time sharpening their work products.

Remember to adapt these tips provide ample opportunities for students to ask questions which will enhance their learning experience with Microsoft Word.