Course Title: Develop a micro business proposal

Part A: Course Overview

Program: C4386 Certificate IV in Tertiary Preparation

Course Title: Develop a micro business proposal

Portfolio: Vocational Education

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.

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.  

 

 

See Canvas


Terms

Course Code

Campus

Career

School

Learning Mode

Teaching Period(s)

BUSM8786C

City Campus

TAFE

650T Vocational Business Education

Face-to-Face or Internet

Term1 2018,
Term2 2018,
Term1 2019,
Term2 2019,
Term2 2020,
Term1 2021

Course Contact: Allan Maree

Course Contact Phone: +61 3 9925 1601

Course Contact Email: allan.maree@rmit.edu.au



Course Description

This unit describes the skills and knowledge required to research the feasibility of a business opportunity, and to present a business idea in formats suiting a rang of stakeholders.

It applies to individuals who are establishing or operating a micro business providing self-employment.

Pre-requisite Courses and Assumed Knowledge and Capabilities

None



National Competency Codes and Titles

National Element Code & Title:

BSBSMB302 Develop a micro business proposal

Elements:

1. Evaluate business opportunities

2. Detail the business idea

3. Prepare the business overview to suit different stakeholders


Learning Outcomes


See Canvas 





Overview of Assessment

In order to achieve competency in this unit, you must provide:

Performance Evidence

Evidence of the ability to:

  • analyse information from a range of sources to evaluate a business opportunity, including:
  • consideration of personal and family commitments
  • digital technologies including e-commerce
  • risk identification and assessment
  • personal skills and attributes analysis against required skills
  • financial returns
  • document and communicate the business idea, and products and services to stakeholders including:
  • customising information for each stakeholder.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

Knowledge Evidence

To complete the unit requirements safely and effectively, the individual must:

  • summarise relevant government legislative requirements relating to micro business operations
  • explain how to manage income and expenditure costing for a micro business
  • discuss regulations and codes of practice relevant to micro business operation
  • outline principles of risk assessment relevant to the business opportunity
  • describe at least three different business proposal formats or methods of presentation.

Assessment Conditions

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 technology including internet access
  • relevant legislation, regulations, standards and codes
  • relevant workplace documentation and resources
  • case studies, or where possible, real situations
  • interaction with others.

Feedback

Feedback will be provided throughout the semester in class and/or online discussions.  You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed.  Finally, you can email or arrange and appointment with your teacher to gain more feedback on your progress.

You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course.