Course Title: Undertake small business planning

Part B: Course Detail

Teaching Period: Term1 2017

Course Code: BUSM6315C

Course Title: Undertake small business planning

School: 320T Architecture & Design

Campus: City Campus

Program: C6136 - Advanced Diploma of Building Design (Architectural)

Course Contact: Catherine Ciavarella

Course Contact Phone: +61 3 9925 4819

Course Contact Email: catherine.ciavarella@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Nino G Lucci

nino.lucci@rmit.edu.au

 

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.

Pre-requisites and Co-requisites

NA

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.
 


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBSMB404A Undertake small business planning

Element:

1. Identify elements of the business plan

Performance Criteria:

1.1. Identify purpose of the business plan
1.2. Identify and review the essential components of the business plan
1.3. Identify and document business goals and objectives as a basis for measuring business performance

Element:

2. Develop a business plan

Performance Criteria:

2.1. Research resources, legal and compliance requirements, specifically in relation to occupational health and
safety (OHS ), in accordance with business goals and objectives
2.2. Research market needs, and market size and potential
2.3. Identify sources and costs of finance, from the financial plan , to provide required liquidity and profitability for the
business
2.4. Identify methods, from the marketing strategies , to promote the market exposure of the business
2.5. Identify methods/means of production/operation from the production /operations plan to conform with business
goals and objectives
2.6. Identify staffing requirements to effectively produce/deliver products/services
2.7. Identify specialist services and sources of advice, where required, and cost in accordance with resources available

Element:

3. Develop strategies for minimising risks

Performance Criteria:

3.1. Identify specific interests and objectives of relevant people and seek and confirm their support of the planned
business direction
3.2. Identify and develop risk management strategies according to business goals and objectives, and relevant legal
requirements
3.3. Develop contingency plan to address possible areas of non-conformance with the plan


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.


Details of Learning Activities

Students will attend a combination of face-to-face small business lectures and online sessions with exposure to; a range of current State and National small business planning resources, learning activities and document templates to support their development of their Small Building Design Practice. Students will participate in online collaboration tools using Blackboard Learning Management System available through myRMIT Studies periodically throughout the semester.


Teaching Schedule

WeekModeTopicAssessment
1                    LectureCourse overview and unit introduction 
2 & 3  Lecture

Elements of a Business Plan

 
4  LectureDetermine Business Goals and ObjectivesSubmit summary small business idea to teacher via blackboard drop box for approval this week
5 & 6  LectureDevelop the Plan and Small Business resources 
7, 8 & 9  Lecture

Relevant legislation and Business Operations / Finance

Feasibility Study Due - electronic to Blackboard
10   NO CLASS - Trade Presentation 
11  Online SessionMarket Strategies 
12 & 13  LectureDevelop strategies for minimising risk 
14 & 15   LectureFinancial Business Plan review 
16  LectureCourse SummaryBusiness Plan Due - electronic to Blackboard

Plan to match business plan objectives

Online Session Outline the business operations, potential staff selection and utilising

Specialist services to support the business practice


Learning Resources

Prescribed Texts


References


Other Resources

Victoria Government Small Business Websites


Overview of Assessment

This unit of competency could be assessed in the
workplace or a close simulation of the workplace
environment, provided that simulated or project-based
assessment techniques replicate building design
workplace conditions, materials, activities,
responsibilities and procedures.
Holistic or project-based assessment with other related
units is recommended.


Assessment Tasks

Overview The main objective of this unit is to provide students with the skills required for researching and developing a business plan, so they can achieve business goals and objectives in a small building design practice. This assessment has been divided into two separate tasks which students will undertake progressively to support their understanding of the business planning process in order to complete the final business plan at the end of the course. Utilising design thinking and problem solving skills students will develop a creative but critical plan for starting and maintaining their proposed small building design practice.

TASK 1 – Feasibility Study (40%) Due Session 5
The purpose of the first task is to clearly identify and document the proposed small building design business’ goals and objectives. The business plan will act as a basis for students to measure business performance over time, to ensure that they have a sustainable business model. The plan should continue to be reviewed for continuous improvement to accommodate further expansion.

TASK 2 – Business Plan (60%) Due Session 10

The final business plan should be a polished presentation of the whole small building design business strategy that has clearly identified:
 Mission, goals and objectives
 Legal compliance (particularly OHS)
 Financial plan
 Marketing strategies
 Operational plan
 Staffing requirements
 Specialist services
 Risk management strategies
 Contingency plan


Assessment Matrix

Element

TASK 1 - Feasibility Study

TASK 2 - Business Plan
1. Identify elements of the business planPerformance Criteria
1.1 & 1.3

Performance Criteria
1.1 - 1.3

2. Develop a business planPerformance Criteria
2.1, 2.2, 2.4, 2.7
Performance Criteria
2.1 - 2.7
3. Develop strategies for minimising risksPerformance Criteria
3.1

Performance Criteria
3.1 - 3.3

Other Information

Academic Progress:
At the end of each academic period individual student progress will be reviewed by the Student Academic Progress Review Committee and students will be advised of their eligibility for progression.

Student Charter:
The Student Charter, in association with the University’s statutes and law, indicates what the University and its students can expect from each other. The University’s mission is to create and disseminate knowledge to meet the needs of industry and the community and to foster in students the skills and passion to contribute to and engage with the world.
http://www.rmit.edu.au/about/studentcharter


Student Responsibilities:
In undertaking this course students are required to be responsible for:
•The time management of the course work in order to complete all work requirements satisfactorily and on time.
•RMIT encourages students to attend all scheduled classes to optimise academic success.
•To ascertain what content or assessment has been missed, and gather the information prior to next class.
•To be proactive in mastering the academic material of the course by challenging, questioning and extending course outcomes.
•To be responsible for the maintenance of a non-disruptive and scholastic attitude in the learning environment.
See RMIT Academic progress information, responsibilities and support for current students:
http://www.rmit.edu.au/browse;ID=nzasms4pljer (unresolved)

Extension of Time for Submission of Assessable work Procedure:
Students must refer to the RMIT policy for eligibility and procedures.
http://www.rmit.edu.au/browse;ID=7usdbki1fjf31;STATUS=A?QRY=extension%20of%20time%20form&STYPE=ENTIRE (unresolved)

Equitable Assessment:
Students must refer to the RMIT policy for eligibility and procedures.
http://www.rmit.edu.au/browse;ID=id0959jyz9mx (unresolved)

Special Consideration:
Students must refer to the RMIT policy for eligibility and procedures.
http://www.rmit.edu.au/browse;ID=qkssnx1c5r0y (unresolved)

Assessment Principals:
Final assessment decisions can be reviewed and or appealed.
See RMIT Assessment Policies:
http://www.rmit.edu.au/policies/academic

Employability skills:
Employability skills describe non-technical skills and competencies that are an important part of effective and successful participation in the workplace.
The following Employability Skills are an inherent part of this course:
Communication, Teamwork, Problem solving, Initiative and enterprise, Planning and organising, Self management, Learning and Technology.

Plagiarism:
Refer to the RMIT policy on plagiarism which is reference under Academic Integrity atRMIT
http://www.rmit.edu.au/browse;ID=kw02ylsd8z3n;STATUS=A?QRY=Plagiarism%20-%20student%20information&STYPE=ENTIRE (unresolved)

Course Overview: Access Course Overview