Course Title: Establish legal and risk management requirements of small business
Part B: Course Detail
Teaching Period: Term2 2015
Course Code: BUSM6378C
Course Title: Establish legal and risk management requirements of small business
School: 130T Vocational Engineering
Campus: City Campus
Program: C4338 - Certificate IV in Plumbing and Services
Course Contact: Program Manager
Course Contact Phone: +61 3 9925 4468
Course Contact Email: vocengineering@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Program Manager - Warren James
Tel: +61 3 9925 4468
Nominal Hours: 60
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
Nil
Course Description
This unit describes the performance outcomes, skills and knowledge required to identify and comply with the regulatory, legal, taxation and insurance requirements, and risk management needs of small business.
Specific legal requirements apply to the management of a small business.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBSMB401A Establish legal and risk management requirements of small business |
Element: |
1. Identify and implement business legal requirements |
Element: |
2. Comply with legislation, codes and regulatory requirements |
Element: |
3. Negotiate and arrange contracts |
Element: |
1. Identify and implement business legal requirements 2. Comply with legislation, codes and regulatory requirements 3. Negotiate and arrange contracts |
Performance Criteria: |
1.1. Identify and research possible options for the business legal structure using appropriate sources
|
Learning Outcomes
Refer to elements
Details of Learning Activities
Learning activities include in class workbook activities and researching industry practices and standards. This may include online learning activities. Students are expected to undertake design, size and documentation to relevant industry standards to include sustainability and WHS principles.
Teaching Schedule
This unit is delivered over 4 session
Session Number | Topic | Learning Activities/Resources | Elements/ Performance criteria | Assessments |
Session 1 |
1. Identify and research different types of business legal structures. 2. Determine legal and regulatory requirements to establish business. 3. Develop and implement procedures to comply with legislation.
|
|
1.1 - 1.3 | |
Session 2 |
1. Comply with legislation. - OHS -Taxation - Maintain legal documents and update records. 2. Monitor products and services of the business to ensure compliance. 3. Investigate for non-compliance and make changes if required.
|
. |
1.1 - 4.2 | Assessment 1 - research requirements of starting business due |
Session 3 |
1. Seeking legal advice. 2. Investigate products/services to determine procurement rights. 3. Negotiate and secure contracts. 4. Identify insurance requirements and get insurance. 5. Acquiring business premises and contract requirements. |
Assessment 2 - business plan due | ||
Session 4 |
Revision
|
Assessment 3 - establish business due |
Learning Resources
Prescribed Texts
There are no prescribed textbooks. |
References
Other Resources
Overview of Assessment
Assessment may incorporate a variety of methods including written/oral activities and demonstration of practical skills to the relevant industry standards. Participants are advised that they are likely to be asked to personally demonstrate their assessment activities to their teacher/assessor. Feedback will be provided throughout the course.
Assessment Tasks
Students must pass each of the following assessment tasks to demonstrate competent.
Assessment | |
Task 1 |
Assessment 1 - Research requirements of starting business |
Task 2 |
Assessment 2 - Business plan |
Task 3 |
Assessment 3 - Establish business |
These tasks assesses the following Course Learning Outcomes (CLOs):
Assessment Mapping Matrix
Elements/ Performance Criteria Covered |
Task 1 |
Task 2 |
Task 3 |
1.1 |
x |
|
|
1.2 |
x |
|
|
1.3 |
x |
|
|
2.1 |
x |
x |
|
2.2 |
x |
x |
|
2.3 |
x |
x |
|
2.4 |
x |
x |
|
2.5 |
x |
x |
|
3.1 |
|
|
x |
3.2 |
|
|
x |
3.3 |
|
|
x |
3.4 |
|
|
x |
To be deemed competent you must demonstrate an understanding of all aspects required of the competency. Assessment methods have been designed to measure your achievement of each competency in a flexible manner over multiple tasks.
Assessment Tasks
Students are required to complete three different types of assessment tasks
Assessment 1 – research requirements of starting business
Assessment 2 - business plan
Assessment 3 - establish business
To successfully complete this unit, a student needs to be deemed competent (CA grade) in all three assessment tasks.
Grading Criteria:
NYC - Not yet competent
CA - Competence Achieved
DNS - Did not submit assessment
Assessment Matrix
Assessments | Elements/Performance Criteria | Weighting |
Assessment 1 – research requirements of starting business | 1.1 - 1.3 | 30 |
Assessment 2 - business plan | 2.1-2.5 | 30 |
Assessment 3 - establish business | 3.1-3.5 | 40 |
Other Information
Academic Misconduct
Students are reminded that cheating, whether by fabrication, falsification of data, or plagiarism, is an offence subject to University disciplinary procedures. Plagiarism in oral or written presentations is the presentation of the work, idea or creation of another person, without appropriate referencing, as though it is one’s own. Plagiarism is not acceptable.
The use of another person’s work or ideas must be acknowledged. Failure to do so may result in charges of academic misconduct which carry a range of penalties including cancellation of results and exclusion from your course.
Students are responsible for ensuring that their work is kept in a secure place. It is also a disciplinary offence for students to allow their work to be plagiarized by another student.
Students should be aware of their rights and responsibilities regarding the use of copyright material. It is strongly recommended that students refer to the Guidelines for Students at the RMIT University Homepage.
Course Overview: Access Course Overview