Course Title: Undertake small business planning
Part B: Course Detail
Teaching Period: Term1 2014
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
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 :-
|Week 1||Course overview and assessment |
Psychology of business – motivation, barriers to success, goal setting.
Developing a concept
|Week 2||Personal career audit |
Business planning – establishment costs
Obtaining an ABN
The impact of the GST
|Week 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||Element 2
2.1, 2.2, 2.3, 2.4, 2.5, 2.6, 2.7
|Week 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
|Week 5||Writing a business plan |
Purpose of the components of the plan
Layout and presentation of the plan
|Online research||Element 1
|Week 6||Excursion – Business Victoria||Formative Assessment - Excursion||Element 1
1.1, 1.2, 1.3,
Development of Business Plan
|Draft Plan||Element 1
|Week 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.
You must submit all pieces of assessment in order for your competency to be assessed in this course.
Assessment tasks in this course are either formative or summative. Formative tasks provide the basis for ongoing feedback and can be considered essential building blocks for the more substantial summative assessment tasks. Summative assessment tasks in this unit are graded. To demonsrate competency in this course you need to complete each of 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
Cover Sheet for Submissions
You must complete a signed submission cover sheet for every piece of submitted work. This signed sheet acknowledges that you are aware of the plagiarism implications.
The major learning experience involves an understanding of the role of planning and the research needed to develop a strong and relevant business concept. Assessment is based on group exercises so It is strongly advised that you attend all sessions in order to engage in the required learning activities, ensuring the maximum opportunity to achieve competency in this unit.
Feedback - You will receive verbal and written feedback from teachers on your work. Where appropriate, this feedback will also includes suggestions on how you can proceed to the next stage of developing your projects.
Refer to policy on student feedback at RMIT
Monitoring academic progress is an important enabling and proactive strategy to assist you to achieve your learning potential. Refer to student progress policy
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. You can apply in writing for up to a week’s extension from your course teacher. If you need a longer extension, you wil need to apply for Special Consideration. Special Consideration, appeals and discipline
Academic Integrity and Plagiarism - RMIT University has a strict policy on plagiarism and academic integrity. Please refer to the website for more information on this policy go to Academic Integrity
It is a requirement of this program that all students participate in authentic work related tasks. These may be either simulated or in a real work environment. On occasion, we are approached by industry and given opportunities for students to apply for short term placements. When these placement opportunities arise, students are required to negotiate the specific details with the relevant program coordinator or teacher. All industry placements require students, RMIT staff and host organisations to sign a written agreement prior to the commencement of the placement.
Course Overview: Access Course Overview