BSB40407 Certificate IV in Small Business Management


BSB40407 CERTIFICATE IV IN SMALL BUSINESS MANAGEMENT

The BSB40407 Certificate IV in Small Business Management offered at City East Community College is for anyone looking to start up a small business, in the early stages of small business development, or wishing to improve their existing small business management skills.

The qualification focuses on developing business planning, marketing operational and financial skills key skills and reflects the role of individuals who use well-developed skills and a broad knowledge base in a wide variety of small business contexts. They apply solutions to a defined 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.

Practical Skills
Learn to identify and address customer needs, plan and market the business, conduct risk analysis, report financial activity, develop business concepts, navigate through unpredictable problems, manage compliance, projects and work life balance, build relationships, establish networks, and a wide range of other crucial practical skills you will need to take the business where you want it to go.

Subject areas
Marketing a small business
Legal and risk management
Business planning and analysis
Personal and professional time management
Professional relationship and network building

DELIVERY AND DURATION
22 weeks part time
1 day (7 hours) & 1 evening (3.5 hours) per week
9.15am – 5pm & 6pm – 9.30pm
Structured class training and assessment –231 hours
Home study – 12 hours per week

ENTRY REQUIREMENT
To enrol in this qualification at City East Community College, you need to have completed Year 10 or equivalent, or have relevant industry experience.

ENROLMENT
Currently no Class is available. Further enrolments may commence in 2015, please check with City East Community College, Tel 93887 7400, email: info@cityeastcc.com.au or the College website www.cityeastcc.com.au for updated information. City East Community College reserves the right to accept or decline applications at its total discretion.

COURSE CONTENT
To successfully complete this qualification, you require ten units of competence. These ten units are comprised of four core units which are compulsory and six elective units. The units of competence shown below have been selected by City East Community College based on industry consultation at the time of scope registration, but may change subject to target group or further advice from our industry-expert trainers.

Core Units
BSBSMB401A Establish legal and risk management requirements of small business
BSBSMB402A Plan small business finances
BSBSMB403A Market the small business
BSBSMB404A Undertake small business planning
Elective Units
BSBFIA402A Report on financial activity
BSBSMB406A Manage small business finances
BSBSMB407A Manage a small team
BSBCUS401B Coordinate implementation of customer service strategies
BSBMKG413A Promote products and services
BSBSMB405B Monitor and manage small business operations

UNIT DESCRIPTIONS
BSBSMB401A Establish Legal and Risk Management Requirements Of Small Business
This unit describes the performance outcomes, skills and knowledge required to identify and comply with the regulatory, legal, taxation and insurance requirements, and risk management needs of small business. Specific legal requirements apply to the management of a small business.

BSBSMB402A Plan Small Business Finances
This unit describes the performance outcomes, skills and knowledge required to develop a financial plan to support business viability. Specific legal requirements apply to the management of a small business.

BSBSMB403A Market the Small Business
This unit describes the performance outcomes, skills and knowledge required to develop and implement marketing strategies, and to monitor and improve market performance. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.

BSBSMB404A Undertake Small Business Planning
This unit describes the performance outcomes, skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives.

BSBFIA402A Report on financial activity
This unit describes the performance outcomes, skills and knowledge required to report financial activity for business both in response to client requests and to meet statutory requirements such as the completion of statutory requirement reports.
BSBSMB406A Manage small business finances
This unit describes the performance outcomes, skills and knowledge required to implement, monitor and review strategies for the ongoing management of a small business’s finances. It also includes day to day financial management of the small business.

BSBSMB407A Manage a small team
This unit describes the performance outcomes, skills and knowledge required to plan for the management of and to
manage staff. It involves industrial relations, staff selection, staff records, induction, training, team development and career planning to enhance business operations through retaining a competent, committed and motivated team in the workplace.

BSBCUS401B Coordinate implementation of customer service strategies
This unit describes the performance outcomes, skills and knowledge required to advise on, carry out
and evaluate customer service strategies, including the design of improvement strategies based on
feedback. Operators may have responsibility to provide guidance or to delegate aspects of these tasks to others.

BSBMKG413A Promote products and services
This unit describes the performance outcomes, skills and knowledge required to coordinate and review the promotion of an organisation’s products and services.

BSBSMB405B Monitor and manage small business operations
This unit describes the performance outcomes, skills and knowledge required to operate a small business and to implement a business plan. The strategies involve monitoring, managing and reviewing operational procedures.

ASSESSMENT
Assessment for this program is formative (monitoring progress and achievement during the training) and summative (final assessment tasks and consideration of formative tasks related to final qualification).

A range of assessment methods will be used including observation, oral and written questioning, project work and group work tasks. Assessment tasks are designed for each unit of competency to assess the appropriate mix of skills and knowledge, allowing participants to apply theory to practical workplace situations.

The rationale is based on recommended assessment models. Assessment requires achievement across all tasks to demonstrate competence and course progress.

Units are assessed holistically across the 5 modules outlined in the Course Structure and a final summative project assesses holistically across the 10 units of the course.

RPL is available for all units. If you believe you are competent in any of the qualifications units, you may wish to apply for RPL. If successful, you can obtain credit for units reducing the time it will take to complete the qualification. An RPL Information package is available from your Trainer or from Administration.

COURSE OUTCOME
This qualification reflects the role of individuals who use well-developed skills and a broad knowledge base in a wide variety of small business contexts. They apply solutions to a defined 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.

Employable Outcomes
Small business owner
Small Business manager

CERTIFICATION
BSB40407 Certificate IV in Small Business Management will be issued on successful completion of the training program and fulfilment of City East Community Colleges' requirements.

If you do not complete the entire qualification, a Statement of Attainment will be issued should you successfully completed one or more units of competency.

QUALIFICATION PATHWAYS
After achieving this qualification you may undertake further qualifications in a specialist area within the Business Training Package such as marketing, management, human resources.

STUDENT HANDBOOK
Details of the college’s policies and procedures are available in the student handbook. This is available on request, from City East Community College Tel: 9387 7400

This course has no current classes. Please join the waiting list.