Undertake Small Business Planning

Undertake Small Business Planning-18
To complete the unit requirements safely and effectively, the individual must: discuss all government legislative requirements relating to business operation, especially in regard to WHS and environmental issues, equal employment opportunity, industrial relations and antiexplain methods of evaluationsummarise WHS responsibilities and procedures for identifying hazards relevant to the businessoutline planning processesdescribe preparation of a business planidentify principles of risk management relevant to small business planning outline common risks particular to the small business type or industryexplain reasons for, and benefits of, business planningclarify relevant industry codes of practiceoutline setting goals and objectivesexplain types of business planning – feasibility studies; strategic, operational, financial and marketing planning.Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the Management and Leadership – Small and Micro Business field of work and include access to:business equipment and resourcesrelevant legislation, regulations, standards and codesrelevant workplace documentation and resourcescase studies or where possible, real situations interaction with others.

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South Regional TAFE's indicative fees for 2019 are available at the link: These fees are indicative for local students enrolling full-time in government funded courses in 2017.

Your fees will be calculated from your individual circumstances at the time of enrolment.

Please note: all webinar participants will also receive access to a recording for seven days after the live session.

When you complete this course you will be ready for a career in Small Business.

Contact each training provider directly for further information.

A guide to durations can be found at Australian Qualifications Framework.Learning Objectives: Part One: The Growth Environment If you know that your business has great potential, and you want to take those important first steps in developing it sustainably, then this is the program for you.As a special bonus, all participants receive a free copy of a Dr. This is a financial template with financial tools designed to help you operate and evaluate your business.Building the right strategy will help you avoid the pitfalls of growing too quickly or too slowly.Learn how your current business activities are affecting growth and concentrate on removing the barriers.Starting a business is tough, but growing a business is tougher.Develop your growth plan and transition successfully into the next stage of business.Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.1.1 Identify purpose of the business plan 1.2 Identify and review essential components of the business plan 1.3 Identify and document business goals and objectives as a basis for measuring business performance2.1 Research resources, legal and compliance requirements, specifically in relation to work health and safety (WHS), 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 financial plan, to provide required liquidity and profitability for the business 2.4 Identify methods, from marketing strategies, to promote market exposure of the business 2.5 Identify methods or means of production or operation from production or operations plan to conform with business goals and objectives 2.6 Identify staffing requirements to effectively produce or deliver products and services 2.7 Identify, assess and prioritise internal and external risks2.8 Identify specialist services and sources of advice, where required, and cost in accordance with available resources 3.1 Identify specific interests and objectives of relevant people and seek and confirm their support of planned business direction 3.2 Identify and develop risk management strategies according to business goals and objectives, and relevant legal requirements 3.3 Develop a contingency plan to address possible areas of non Evidence of the ability to:develop a business plan which provides for finance, marketing and provision of products or services to facilitate all business goals and objectivesidentify and plan all work health and safety (WHS) and duty of care responsibilitiesidentify and assess internal and external risks to the businessdevelop risk management strategies including a contingency plan for non-conformance.Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.This course is especially designed for those who already operate or are intending to operate a small business or who use well developed skills and a broad knowledge base to solve a range of unpredictable problems, and analyse and evaluate information from a variety of sources.They may provide leadership and guidance to others, and have responsibility for the output of others. Please check with your local campus for study modes and elective units offered.

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