Course Title: Complete a business plan

Part A: Course Overview

Program: C6082

Course Title: Complete a business plan

Portfolio: DSC

Nominal Hours: 50.0

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)

BUSM6205C

Brunswick Campus

TAFE

350T Fashion & Textiles

Face-to-Face

Term2 2011,
Term2 2013

Course Contact: Julia Raath

Course Contact Phone: +61 3 9925 9201

Course Contact Email: Julia.Raath@rmit.edu.au


Course Description

Determining an enterprise’s financial requirements and setting structural policies and strategies in place is critical to the short and long term financial viability of the business plan.

This subject covers the knowledge & processes required to assess and complete an industry standard small business plan.

Students will consider financial requirements, business viability and future performance of the proposed business venture

This unit is particularly suitable for those wishing to begin small and micro businesses in a variety of textile-based product & service-oriented industries including retail & smallgoods.


Pre-requisite Courses and Assumed Knowledge and Capabilities

Complete a Business Plan is 1 of 3 clustered courses from the Business Project: whioch includes

BUSM6206C Manage finances
MKTG5771C Develop and implement a sales or marketing plan 

You are strongly advised to ensure you are enrolled in all 3 courses to succesfully complete the project

Business Project is taught concurrently with a Design Project and an Industry Project.



National Competency Codes and Titles

National Element Code & Title:

BSX02302A Complete a business plan

Elements:

1. Specify business goals & objectives

2. Identify the need for specialist services

3. Formulate the business plan

4. Apply the business plan


Learning Outcomes

The following learning outcomes relate specifically to Federally-endorsed Employability Skills.

Provided evidence of the following skills is considered essential to demonstrate competency in this unit – on completion the student should be able to:

• Analyse relevant information to identify trends, opportunities, constraints affecting business viability
• Assess financial requirements of the business including finance & capital
• Specify strategies to manage identified risks
• Identify external resources/support required for successful operation of the business
• Identify forms and sources of finance
• Evaluate the strategic advantages of potential alliances
• Relate financial, human resource and operational requirements to the goals & vision of the enterprise
• Analyse complex information & data to determine progress towards business goals & make adjustments to achieve profitability of the business
• Prepare contingency plans for changes in business directions


Over this unit the student should provide evidence of consistency in performance when:

• Organising work
• Completing tasks according to instructions
• Working systematically with attention to detail
• Identifying improvements & avoiding damage
• Using workplace & OHS practices
• Recording and reporting accidents & incidents
• Assessing operational readiness of equipment
• Recognising & adapting to cultural differences in the workplace, including modes of behaviour & interactions



Overview of Assessment

To achieve successful completion of this course students must demonstrate an understanding of all elements & performance criteria 

Assessment tasks have been designed to measure achievement of each element in a flexible manner.

In overview there is one individually submitted assessment task for this subject: Complete a Business Plan.