Course Title: Undertake small business planning
Part B: Course Detail
Teaching Period: Term1 2013
Course Code: BUSM6406C
Course Title: Undertake small business planning
School: 345T Media and Communication
Campus: City Campus
Program: C4276 - Certificate IV in Sound Production
Course Contact : Program Administration
Course Contact Phone: +61 39925-4815
Course Contact Email:firstname.lastname@example.org
Name and Contact Details of All Other Relevant Staff
Teacher: Viv Weir
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
This course is designed to develop the skills and knowledge required to research and develop a business plan for achieving business goals and objectives.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title:
BSBSMB404A Undertake small business planning
Element 1 Identify elements of a business plan
1.1 identify purpose of the business plan
Element 2 Develop a business plan
2.1 Research resources, legal and compliance requirements, specifically in relation to occupational health and safety (OHS), in accordance with business goals and objectives.
Element 3 Develop strategies for minimising risks
3.1 identify specific interests and objectives of relevant people and see and confirm their support of the planning business direction
On successful completion of this unit, you will be able to identify the research and planning required to develop of Business Plan for a small business.
Details of Learning Activities
In class activities :-
Out-of-class activities :-
|1||Course overview and assessment |
Psychology of business – motivation, barriers to success, goal setting.
Developing a concept
|2||Personal career audit |
Business planning – establishment costs
Obtaining an ABN
The impact of the GST
|3||Business and legal requirements. Choosing an appropriate business structure |
The use of advisors – lawyers, accountants, government agencies, consultants
O.H. & S. requirements
|Formative Assessment - Career Audit||2.1, 2.2,2.3,2.4,2.5,2.6,2.7|
|4||The strategies of marketing |
Defining a market for your product/service
Writing a press release
Business and legal requirements. Choosing an appropriate business structure
|5||Writing a business plan |
Purpose of the components of the plan
Layout and presentation of the plan
|Online research||1.2, 1.3|
|6||Excursion – Business Victoria||Formative Assessment - Excursion||1.1, 1.2, 1.3, 2.7|
|7||Development of Business Plan |
Refining Plan and planning presentation
|8||Presentation of Business Plan||Summative Assessments |
1. Business Plan
Overview of Assessment
Assessment will demonstrate the research and creation of a small business concept relevant to the Music Industry.
Assessment tasks in this unit are either ungraded or graded. Ungraded tasks provide the basis for ongoing feedback and can be considered as essential building blocks for more substantial (graded) assessment tasks.
To demonstrate competency in this course, you will need to complete the following pieces of assessment to a satisfactory standard. You will receive feedback on all assessment.
• Career Audit - week 3
• Excursion - week 6
Group assessments (all group members to contribute to each assessment): –
• Prepare and submit a written Business Plan to identify a small business
concept relevant to the Music Industry - week 8
• Presentation of Business Plan - week 8
For further information on the grading system and criteria used, please refer to the course blackboard site. CHD Competent with High Distinction
CDI Competent with Distinction
CC Competent with Credit
CAG Competency Achieved - Graded
NYC Not Yet Competent
DNS Did Not Submit for Assessment
The assessment matrix demonstrates alignment of assessment tasks with the relevant Unit of Competency. These are available through the course contact in Program Administration
It is strongly advised that students attend all sessions in order to engage in the required learning activities, ensuring the maximum opportunity to gain the competency.
Cover Sheet for Submissions
All students must complete a submission cover sheet for each piece of submitted work.
Plagiarism - RMIT has a strict policy on plagiarism. For more information on this policy go to Academic Integrity
All students have access to the myRMIT copyright shell. The myRMIT copyright shell contains information on copyright, plus also examples on how to use copyright works as part of your projects and assignments.
Special consideration Policy (Late Submission)
All assessment tasks are required to be completed to a satisfactory level. If you are unable to complete any piece of assessment by the due date, you will need to apply for an extension. Please refer to the following URL for extensions and special consideration:
Student Progress Committee
This committee promotes the early identification of students who are not achieving acceptable academic performance. The committee provides identified students with assistance and seeks to ensure such students are aware of the range of support services available to them at the University. Student Progress Committee (SPC)
Students are offered opportunities to provide feedback through a variety of mechanisms including online surveys conducted at the end of each course or semester, student complaints and Student Staff Consultative Committees
Course Overview: Access Course Overview