Course Title: Undertake small business planning
Part B: Course Detail
Teaching Period: Term2 2021
Course Code: BUSM8865C
Course Title: Undertake small business planning
School: 375T Vocational Design and Social Context
Campus: Brunswick Campus
Program: C6161 - Advanced Diploma of Building Design (Architectural)
Course Contact: Catherine Ciavarella
Course Contact Phone: +61 3 9925 4819
Course Contact Email: catherine.ciavarella@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Miranda Sims
Casual VE Teacher
Remote Office
Only available by email and during scheduled class times in Canvas.
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
NA
Course Description
This unit describes the performance outcomes, skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives.
Specific legal requirements apply to the management of a small business.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBSMB404 Undertake small business planning |
Element: |
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 assess and prioritise internal and external risks 2.8. Identify specialist services and sources of advice, where required, and cost in accordance with available resources |
Element: |
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 |
Element: |
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 |
Learning Outcomes
This work is undertaken by individuals who operate a small business.
This unit is suitable for micro and small businesses or a department in a larger organisation.
Details of Learning Activities
Teaching Schedule
Week |
Delivery |
Class Discussion |
Class Activity |
Assessment Requirements |
|
1 6 July Semester 2 classes begin |
Online lecture |
Course overview and introduction Introduction to online learning using the Canvas LMS design and expectations Assessment summary Before the real plan begins |
Class participation and discussion required. |
Introduce Product Assessment Task 2 (Feasibility Study) |
|
2 |
Online lecture |
Element 1. Identify elements of the business plan |
Learning outcomes for Element 1 detailed. Class participation and discussion required. |
|
|
3 |
Online lecture |
Element 1. Identify elements of the business plan continued |
Participation in the Week 3 Online Discussion Board activity. |
Knowledge Assessment Task 1 released on Canvas |
|
4 |
Online self-directed learning |
Element 2. Develop a business plan |
Knowledge Assessment Task 1 due end of week 4. |
|
|
5 |
Online lecture |
Element 2. Develop a business plan |
||
|
6 |
Online self-directed learning |
Element 3. Develop strategies for minimising risks |
Online class participation and assessment Q & A discussion and support. |
|
|
7 |
Online lecture |
Work on assessments Discussion board help available |
Product Assessment Task 2 (Feasibility Study) due |
|
31 August - 6 September Mid-semester break | ||||
|
8 7 Sept Classes resume (Monday) |
Online lecture |
Assessment review and feedback |
Participation in the Week 8 Online Discussion Board activity. |
|
|
9 |
Online self-directed learning |
Course review and assessment discussion |
||
10 |
Online lecture |
Work on assessments Discussion board help and Q&A chat available |
||
11 |
Online self-directed learning |
Work on assessments Discussion board help and Q&A chat available |
Online class participation and assessment Q & A discussion and support. |
|
12 |
Online self-directed learning |
Work on assessments Discussion board help and Q&A chat available |
Online class participation and assessment Q & A discussion and support. |
|
13 |
Online self-directed learning |
Assessment discussion and support |
Product Assessment Task 3 (Business Plan) Due |
|
14 |
Online lecture |
Unit in review, reflecting back on all elements and relevance to future projects. |
||
15 |
Online self-directed learning |
Assessment review and feedback |
||
16 |
Online self-directed learning |
Assessment review and feedback |
This unit is co-delivered with BSBPMG415/BUSM8849C Apply project risk management techniques to support the required knowledge and skills in the context of working in architectural building design.
Delivery will be fully online via the Canvas LMS (Learning Management System) with weekly teacher led topic discussions you will engage in and self-directed learning activities including defining the elements of small business planning, business and market research, legislation, financials, documentation, and risk management. You will also be referred to a range of current online State and National small business planning resources and document templates to support their writing and development of their small business idea and plan.
Teaching Schedule
Teaching Schedule
Week |
Delivery |
Class Discussion |
Class Activity |
Assessment Requirements |
|
1 6 July Semester 2 classes begin |
Online lecture |
Course overview and introduction Introduction to online learning using the Canvas LMS design and expectations Assessment summary Before the real plan begins |
Class participation and discussion required. |
Introduce Product Assessment Task 2 (Feasibility Study) |
|
2 |
Online lecture |
Element 1. Identify elements of the business plan |
Learning outcomes for Element 1 detailed. Class participation and discussion required. |
|
|
3 |
Online lecture |
Element 1. Identify elements of the business plan continued |
Participation in the Week 3 Online Discussion Board activity. |
Knowledge Assessment Task 1 released on Canvas |
|
4 |
Online self-directed learning |
Element 2. Develop a business plan |
Knowledge Assessment Task 1 due end of week 4. |
|
|
5 |
Online lecture |
Element 2. Develop a business plan |
||
|
6 |
Online self-directed learning |
Element 3. Develop strategies for minimising risks |
Online class participation and assessment Q & A discussion and support. |
|
|
7 |
Online lecture |
Work on assessments Discussion board help available |
Product Assessment Task 2 (Feasibility Study) due |
|
31 August - 6 September Mid-semester break | ||||
|
8 7 Sept Classes resume (Monday) |
Online lecture |
Assessment review and feedback |
Participation in the Week 8 Online Discussion Board activity. |
|
|
9 |
Online self-directed learning |
Course review and assessment discussion |
||
10 |
Online lecture |
Work on assessments Discussion board help and Q&A chat available |
||
11 |
Online self-directed learning |
Work on assessments Discussion board help and Q&A chat available |
Online class participation and assessment Q & A discussion and support. |
|
12 |
Online self-directed learning |
Work on assessments Discussion board help and Q&A chat available |
Online class participation and assessment Q & A discussion and support. |
|
13 |
Online self-directed learning |
Assessment discussion and support |
Product Assessment Task 3 (Business Plan) Due |
|
14 |
Online lecture |
Unit in review, reflecting back on all elements and relevance to future projects. |
||
15 |
Online self-directed learning |
Assessment review and feedback |
||
16 |
Online self-directed learning |
Assessment review and feedback |
Course Description
This unit describes the performance outcomes, skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives. Specific legal requirements apply to the management of a small business.
Details of Learning Activities
This unit is co-delivered with BSBPMG41/BUSM8849C Apply project risk management techniques to support the required knowledge and skills in the context of working in architectural building design.
Delivery will be fully online via the Canvas LMS (Learning Management System) with weekly teacher led topic discussions students will engage in and self-directed learning activities including; defining the elements of small business planning, business and market research, legislation, financials, documentation and risk management. Students will be referred to a range of current online State and National small business planning resources and document templates to support their writing and development of their small business idea and plan.
Learning Resources
Prescribed Texts
References
Other Resources
The University Library has extensive resources and provides subject specialist expertise, research advice, help with referencing and support through:
The Learning Lab
https://www.rmit.edu.au/students/study-support/learning-lab
The Study Support Hub
https://www.rmit.edu.au/students/study-support/study-support-hub
English for uni workshops
https://www.rmit.edu.au/students/study-support/workshops/english-uni-workshops
Overview of Assessment
This unit of competency could be assessed in the workplace or a close simulation of the workplace environment, provided that simulated or project-based assessment techniques replicate building design workplace conditions, materials, activities, responsibilities and procedures.
Holistic or project-based assessment with other related units is recommended.
Assessment Tasks
Students enrolled in Vocational Education and Training qualifications are assessed for Competency. To be assessed as Competent means you have consistently demonstrated the required knowledge and skills at a standard expected in the workplace. To be assessed as Competent in this course, you will need to complete each assessment task to a satisfactory standard. You will receive feedback from the teacher at the conclusion of each assessment task.
You should refer to the assessment brief which is available through Canvas for full assessment criteria
- Knowledge Assessment Task 1 - Due Week 6
- Product Assessment Task 2 (Feasibility Study) - Due Week 9
- Product Assessment Task 3 (Business Plan) - Due Week 15
Results that apply to courses that are delivered and assessed in accordance with competency-based assessment are:
CA: Competency Achieved
NYC: Not Yet Competent
DNS: Did not Submit for Assessment
Attendance:
Your learning experience will involve online lectures, discussions, demonstration, and practical exercises reflecting on your own learning and development.
It is strongly advised that you attend all timetabled sessions online. This will allow you to engage in the required learning activities, ensuring you the maximum opportunity to complete this course successfully.
Assessment Matrix
The assessment matrix demonstrates alignment of assessment tasks with the relevant unit of competency. These mapping documents are available through Program Administration if required.
Other Information
Information about your studies:
You can access My Studies through the RMIT website for information about timetables, important dates, assessment dates, results and progress, Canvas etc.
https://www.rmit.edu.au/students
Assessment:
Information on assessment including Special consideration, Adjustments to assessment, (eg. applying for an extension of time):
https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment
Assessment declaration:
When you submit work electronically, you will be asked to agree to the Assessment declaration.
https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/assessment-declaration
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.
https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/academic-integrity
Credit Transfer and Recognition of Prior Learning:
Credit transfer is the recognition of previously completed formal learning (an officially accredited qualification).
Recognition of Prior Learning (RPL) is an assessment process that allows you to demonstrate competence using the skills you have gained through experience in the workplace, voluntary work, informal or formal training or other life experiences.
Please speak to your teacher if you wish to discuss applying for Credit Transfer or RPL for the unit(s) of competency addressed in this course.
https://www.rmit.edu.au/students/student-essentials/enrolment/apply-for-credit
Course Overview: Access Course Overview