Course Title: Undertake small business planning

Part B: Course Detail

Teaching Period: Term1 2012

Course Code: BUSM6315C

Course Title: Undertake small business planning

School: 320T Design (TAFE)

Campus: City Campus

Program: C6097 - Advanced Diploma of Building Design (Architectural)

Course Contact : Rosetta Di Giangregorio

Course Contact Phone: +61 3 9925 4819

Course Contact Email:design.tafe

Name and Contact Details of All Other Relevant Staff

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


Course Description

This unit describes the performance outsomes, skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives.

National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBSMB404A Undertake small business planning


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 .


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.


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 business or a department in a larger organisation.

Details of Learning Activities

To be advised

Teaching Schedule 

Learning Resources

Prescribed Texts


Other Resources

Overview of Assessment

Evidence of the following is essential:
• development of a business plan which provides for finance, marketing and provision of products/services to facilitate the business goals and objectives
• identification of and planning for, OHS and duty of care responsibilities
• development of risk management strategies
• knowledge of relevant legislation

Assessment Tasks

Assessment Matrix

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.;ID=tkn8wtd23h84z

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:;ID=nzasms4pljer 

Extension of Time for Submission of Assessable work Procedure:
Students must refer to the RMIT policy for eligibility and procedures.;ID=7usdbki1fjf31;STATUS=A?QRY=extension%20of%20time%20form&STYPE=ENTIRE

Equitable Assessment:
Students must refer to the RMIT policy for eligibility and procedures.;ID=id0959jyz9mx

Special Consideration:
Students must refer to the RMIT policy for eligibility and procedures.;ID=qkssnx1c5r0y

Assessment Decisions:
Final assessment decisions can be reviewed and or appealed.
See RMIT Assessment Policies:;ID=ikqkqdh2zf5n1

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.

Refer to the RMIT policy on plagiarism which is reference under Academic Integrity atRMIT;ID=kw02ylsd8z3n;STATUS=A?QRY=Plagiarism%20-%20student%20information&STYPE=ENTIRE 

Course Overview: Access Course Overview