Course Title: Undertake small business planning

Part A: Course Overview

Program: C5252 Diploma of Furniture Design and Technology

Course Title: Undertake small business planning

Portfolio: DSC Portfolio Office

Nominal Hours: 50

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Course Contact: Julian Pratt

Course Contact Phone: +61 3 9925 4820

Course Contact Email: furniture@rmit.edu.au



Course Description

This unit describes the performance outcomes, skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives. Specific legal requirements apply to the management of a small business.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

BSBSMB404A Undertake small business planning

Elements:

1.  Identify elements of the business plan

2.  Develop a business plan

3.  Develop strategies for minimising risks


Learning Outcomes

This work is undertaken by individuals who operate a small business.

This unit is suitable for micro and small businesses or a department in a larger organisation.


Overview of Assessment

Evidence of the following is essential:

   -  development of a business plan which provides for finance, marketing and provision of products/services to facilitate the business goals and objectives

   -  identification of and planning for, OHS and duty of care responsibilities

   -  development of risk management strategies

   -  knowledge of relevant legislation.