Course Title: Undertake small business planning
Part B: Course Detail
Teaching Period: Term2 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:mcvet@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Teacher: Elena Popa
Phone: 9925-4815
Email: elena.popa@rmit.edu.au
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
None
Course Description
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: |
Element 1 Identify elements of a business plan |
Performance Criteria: |
1.1 Identify purpose of the business plan |
Element: |
Element 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. |
Element: |
Element 3 Develop strategies for minimising risks |
Performance Criteria: |
3.1 Identify specific interests and objectives of relevant people and see and confirm their support of the planning business direction |
Learning Outcomes
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 :-
Lectures
Group discussion
Class exercises
Class presentations
Workshopping
Out-of-class activities :-
Online research
Interviews
Excursion
NOTE
This class runs for 8 - 10 weeks, and commences week 3 of semester 2 for semester 2 intake
Teaching Schedule
Week | Class content | Elements | |
Week 3 | Course overview and assessment Psychology of business – motivation, barriers to success, goal setting. Developing a concept for a business |
Element 1 1.1,1.2,1.3 |
|
Week 4 | Personal career audit SWOT analysis Business planning – establishment costs Obtaining an ABN/Tax File Number/Business Name Business plan template |
Element 1 1.1,1.2,1.3 |
|
Week 5 | Business and legal requirements. Choosing an appropriate business structure The use of advisors – lawyers, accountants, government agencies, consultants O.H. & S. requirements Services offered by Business Victoria |
Formative Assessment - Career Audit |
Element 2 2.1, 2.2, 2.3, 2.4, 2.5, 2.6, 2.7 |
Week 6 | The strategies of marketing Defining a market for your product/service Business and legal requirements. Choosing an appropriate business structure Sourcing grants/mentoring |
Element 2 2.2, 2.3,2.4 |
|
Week 7 | Writing a business plan Purpose of the components of the plan Layout and presentation of the plan |
Online research |
Element 1 1.2, 1.3 |
Week 8 | Excursion – Business Victoria |
Formative Assessment - Excursion This date could change depending on availability at Business Victoria |
Element 1 1.1, 1.2, 1.3, Element 2 |
Week 9 | Development of Business Plan |
Draft Plan |
Element 1 1.1-3 Element 2 Element 3 |
Week 10 | Presentation of Business Plan Peer group assessment |
Summative Assessments 1. Business Plan 2. Presentation |
Learning Resources
Prescribed Texts
References
|
Other Resources
N/A
Overview of Assessment
Assessment will demonstrate the research and creation of a small business concept relevant to the Music Industry.
Assessment Tasks
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.
Formative Assessment
• Career Audit - Week 5
• Excursion - Week 8
Summative Assessment
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 10
• Presentation of Business Plan - Week 10
A peer group assessment will be conducted in week 10 - group marks will be adjusted if
students within each group have not contributed to both parts of the assessments.
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
Assessment Matrix
The assessment matrix demonstrates alignment of assessment tasks with the relevant Unit of Competency. These are available through the course contact in Program Administration
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Other Information
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.
Attendance
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
Student Progress
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
Work Placement:
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