Part B: Course Detail

Teaching Period: Term1 2024

Course Code: BUSM8903C

Course Title: Develop and present business proposals

Important Information:

Please note that this course may have compulsory in-person attendance requirements for some teaching activities.

To participate in any RMIT course in-person activities or assessment, you will need to comply with RMIT vaccination requirements which are applicable during the duration of the course. This RMIT requirement includes being vaccinated against COVID-19 or holding a valid medical exemption.

Please read this RMIT Enrolment Procedure as it has important information regarding COVID vaccination and your study at RMIT: https://policies.rmit.edu.au/document/view.php?id=209.

Please read the Student website for additional requirements of in-person attendance: https://www.rmit.edu.au/covid/coming-to-campus

Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance.

School: 525T Business & Enterprise

Campus: City Campus

Program: C4421 - Certificate IV in Entrepreneurship and New Business

Course Contact: Theresa Lyford

Course Contact Phone: +61 3 9925 5444

Course Contact Email: theresa.lyford@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Maurice Tornello

maurice.tornello@rmit.edu.au

 

Nominal Hours: 30

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 skills and knowledge required to research the viability of ideas for business opportunities and develop and present proposals for viable options in formats suiting a range of stakeholders.

The unit applies to those establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation. The proposals may relate to products and/or services offered by the business.

No licensing, legislative or certification requirements apply to this unit at the time of publication.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBESB302 Develop and present business proposals

Element:

1.Evaluate business ideas

Performance Criteria:

1.1 Identify ideas relating to business opportunities

1.2 Research key factors influencing their financial viability

1.3 Analyse business ideas to determine viability of business opportunity

1.4 Record outcomes of evaluation according to workplace procedures

Element:

2.Manage risk associated with business proposal

Performance Criteria:

2.1 Identify potential risks associated with opportunity ideas and viability of business

2.2 Communicate with relevant stakeholders the potential risks

2.3 Assist relevant stakeholders to develop risk management systems

Element:

3.Develop proposal for viable business ideas

Performance Criteria:

3.1 Identify audience for proposal, and required structure and content

3.2 Establish budget according to financial viability

3.3 Develop description of business idea according to identified budget and business opportunities

3.4 Confirm that draft proposal meets requirements

Element:

4.Present business proposal

Performance Criteria:

4.1 Determine presentation method suited to audience

4.2 Provide customised business proposal to target audience

4.3 Seek feedback to inform future proposals

Learning Outcomes


On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.


Details of Learning Activities

This unit is 'clustered' with BSBESB401 - Research and develop business plans

For BSBESB302 - Develop and present business proposals, students will be undertaking a range of in-class activities and workshops to assist them in developing a new business idea, and evaluating its viability.

 


Teaching Schedule

Week 1 12 Feb

BEBESB401 – Research and develop business plans

Module 1: Foundations of business planning

Purpose, goals and objectives, budgets,

Introduction to the course, review of business planning.

Identifying new business opportunity
Week 2 19 Feb

Market factors, analysis and opportunities

 Review of the business environment and its impact on business decision making
Week 3 26 Feb

Module 2: Business plan development

Stakeholder, resources, legal and compliance, financials, marketing

Reviewing 'stakeholders', legal and ethics, and integrating into the business plan

BSBESB401

AT2A
Week 4 4 March

Developing the operations plan and contingency plan

risks and contingencies		 The 'nuts and bolts' of the business plan is the 'operations plan'. Review of content and purpose
Week 5 11 March BSBESB401 AT1 Quiz – in class via CANVAS access

BSBESB401

AT1 Quiz
Week 6 18 March

Module 3: Finalise the Business Plan

Finalising the business plan, and ensuring clarity and consistency when presenting to clients

BSBESB401

AT2B

AT3A

AT3B
Week 7 25 March

Client meetings – Business Plan

 

 Mid semester break
Week 8 8 April

BSBESB302 – Develop and present business proposals

Introduction, Assessments review

 Review the new business opportunity and how to apply the learnings
Week 9 15 April Developing business proposals (Module 1) Reviewing the content and structure of a business proposal as it applies to the student's nominated 'new business venture'
Week 10 22 April

Research and evaluate business ideas

Risks, legal and statutory framework		 Reviewing the viability of the business concept, and legal requirements for operating the business
Week 11 29 April

Preparing business proposals

  • Financial viability
Evaluation, ROI, Risks		 Preparing a business proposal, including costs, revenue, ROI, and risks
Week 12 6 May

BSBESB302 AT1 Quiz – in-class via CANVAS access

 Quiz
Week 13 13 May Preparing business proposals Preparing the new business proposal suitable for showing to stakeholders
Week 14 20 May Finalising business proposals (Module 2) Finalising the new business proposal
Week 15 27 May

Presentations – business proposals

 

Presenting the new business proposal

Assessments Due: BSBESB302

AT2B / AT2C / AT2D
Week 16 3 June Re-work if required

 


Learning Resources

Prescribed Texts


References


Other Resources

All resources are provided to students and access via an online Learning Management System. Resources included a simulated business environment, learner guide and workbook, and templates.


Overview of Assessment

Assessment for this course is ongoing throughout the semester. Your knowledge and understanding of course content is assessed through participation in class exercises, oral/written presentations and through the application of learned skills and insights. Full assessment briefs will be provided and can be found on CANVAS.


Assessment Tasks

There are two (2) assessment tasks for this unit. Student must achieve a grade of 'Satisfactory' for all assessments to achieve a final grade of 'Competent' for the clustered course

Assessment Task 1: Written Questions

Students must answer seven written questions in an open book written assessment.

  • Due week 12

Assessment Task 2: Develop and present a Business Proposal (project and role play)

This task consists of four parts:

    • Part A: Research and Evaluate Business Ideas
    • Part B: Manage Risks Associated with the Business Proposal
    • Part C: Develop Proposal for a Viable Business Idea
    • Part D: Present Business Proposal
  • Due week 15
     
     


Assessment Matrix

There are two (2) assessment tasks for this unit. Student must achieve a grade of 'Satisfactory' for all assessments to achieve a final grade of 'Competent' for the clustered course

Assessment Task 1: Written Questions

Students must answer seven written questions in an open book written assessment.

Assessment Task 2: Develop and present a Business Proposal (project and role play)

This task consists of four parts:

    • Part A: Research and Evaluate Business Ideas
    • Part B: Manage Risks Associated with the Business Proposal
    • Part C: Develop Proposal for a Viable Business Idea
    • Part D: Present Business Proposal

Course Overview: Access Course Overview