Undertake Small Business Planning

Starting a business is tough, but growing a business is tougher.

Develop your growth plan and transition successfully into the next stage of business.

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.

Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.

Copy and paste from the following data to produce each assessment task.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.No licensing, legislative or certification requirements apply to this unit at the time of publication.List the assessment methods to be used and the context and resources required for assessment.Presented by Bill Erichson of Pacific Training Innovations.This seminar is hosted at Small Business BC in Vancouver and delivered via live webinar.Please note that all delivery modes may not be available at all campuses, please check with individual campuses on modes of study.For full time courses, apply at when applications are open. For apprenticeships and traineeships, you must be employed in a training contract by an appropriate organisation to study.You will have the skills and knowledge to develop a viable business plan, understand your legal requirements and responsibilities, develop an operational plan and a financial plan, improve your customer service systems and skills, and effectively promote and advertise your enterprise.This qualification covers a vast array of skills used to develop a sound understanding of business requirements in today’s competitive environment.

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