Course Title: Business Practice

Part A: Course Overview

Program: C5111

Course Title: Business Practice

Portfolio: DSC

Nominal Hours: 16.0

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 Code	Campus	Career	School	Learning Mode	Teaching Period(s)
BUSM5383	City Campus	TAFE	320T Design (TAFE)	Face-to-Face
BUSM7646	Brunswick Campus	TAFE	320T Design (TAFE)	Face-to-Face

Course Contact: Julian Pratt

Course Contact Phone: +61 3 9925 4820

Course Contact Email: julian.pratt@rmit.edu.au

Course Description

The purpose of this course is to provide participants with the knowledge involved in operating a small business in the art/design industry.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None

National Competency Codes and Titles

National Element Code & Title:

VBS636 Business Practice

Learning Outcomes

1. Define small business in Australia and the way it is affected by changes in the economy.
2. Outline the characteristics that need to be considered in exploring a small business opportunity.
3. Specify the knowledge abilities and personal characteristics required to start and operate a successful small business.
4. Describe an appropriate structure to use and its legal and protective means, support and maintenance.
5. Describe the financial procedures required to start up, monitor and maintain a small business.
6. Describe how to establish a business plan, set goals and use appropriate time management strategies.

Overview of Assessment

The major assessment task will consist of a research report investigating a local small enterprise.