- BSBSMB304A - Determine resource requirements for the micro business
Assessor Resource
BSBSMB304A
Determine resource requirements for the micro business
Assessment tool
Version 1.0
Issue Date: April 2024
This work will be undertaken by individuals who are establishing or operating a micro business providing for self employment.
This unit describes the performance outcomes, skills and knowledge required to determine the resource requirements of the micro business and to source these resources.
Specific legal requirements apply to the management of a micro business.
You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)
Employability Skills
This unit contains employability skills.
Evidence Required
List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
The Evidence Guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package. | |
Overview of assessment | |
Critical aspects for assessment and evidence required to demonstrate competency in this unit | Evidence of the following is essential: knowledge of types of resources required by the business determining appropriate resource levels in line with business profile and desired profit selecting options for resource acquisition suited to the business and financial position developing procedures and systems to allow for the efficient and effective installation, use and maintenance of resources. |
Context of and specific resources for assessment | Assessment must ensure: access to relevant documentation candidate's individual circumstances and work in the context of establishing or running a micro business, are the basis for assessment. |
Method of assessment | A range of assessment methods should be used to assess practical skills and knowledge. The following examples are appropriate for this unit: oral or audio-visual presentation of a case study requiring the candidate to determine resources needed to operate a specific micro business in a field and location relevant to the candidate portfolio of evidence including identified and required resources, and options for their acquisition oral or written questioning to assess knowledge of relevant legislation from all levels of government that affects small business operation review of resource quantities determined review of procedures developed for the maintenance, support, repair and replacement of business machinery, equipment and software. |
Guidance information for assessment | Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended, for example: BSBSMB302A Develop a micro business proposal BSBSMB303A Organise finances for the micro business BSBSMB306A Plan a home-based business. |
Submission Requirements
List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here
Assessment task 1: [title] Due date:
(add new lines for each of the assessment tasks)
Assessment Tasks
Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.
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Required skills |
communication skills to negotiate contracts; to make initial and to maintain ongoing, contact with suppliers; to explain processes/procedures to contractors or employees (where relevant) literacy skills to produce simple instructions for a particular routine task numeracy skills to calculate resource/equipment expenditure research skills to investigate the resources needed for the business and options for acquiring them technology skills to select and use technology appropriate to a task. |
Required knowledge |
commonwealth, state/territory and local government legislative requirements relating to business operation, especially in regard to occupational health and safety (OHS) and environmental issues, equal employment opportunity, industrial relations and anti discrimination functions of a range of business equipment and machinery (including information technology/communications systems and software) organisation's business profile and structure procedures and systems for the use of and routine maintenance of resources types of resources that would be required as per the business profile. |
The range statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included. | |
Types of resources may include: | consumables equipment facilities human resources machinery materials software vehicles |
Information regarding resource requirements includes: | costs delivery set up |
Options for acquiring resources may include: | hiring leasing outsourcing purchasing |
Procedures and systems may include: | budgeting limits and approval process delivery and receipt of stock and materials developing and monitoring resource contracts installation and support for IT/communications equipment and software installation of machinery and equipment maintenance and repair of machinery and equipment ordering of stock and materials recruitment, induction and supervision of personnel (employees or contractors) storage of stock and materials |
Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.
Observation Checklist
| Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice | Yes | No | Comments/feedback |
|---|---|---|---|
| Use the business profile to determine the types of resources that may be required in the business | |||
| Gather information regarding resource requirements, from appropriate sources | |||
| Determine resource quantities in accordance with business activity levels and financial position | |||
| Investigate different options for acquiring resources needed in the business in terms of business profile and stakeholder needs | |||
| Determine reliability, risks and costs associated with these options in line with business projections | |||
| Determine ease of access to sources of service and support | |||
| Select suitable options as investigated | |||
| Establish relationships with suppliers and other key people | |||
| Design procedures and systems to allow for the effective and efficient introduction, use and maintenance of resources | |||
| Negotiate and review arrangements for supply of resources to ensure the business profile is met | |||
| Design procedures for monitoring the use of resources | |||
| Develop procedures for the maintenance, support, repair and replacement of business machinery, equipment and software |
Forms
Assessment Cover Sheet
BSBSMB304A - Determine resource requirements for the micro business
Assessment task 1: [title]
Student name:
Student ID:
I declare that the assessment tasks submitted for this unit are my own work.
Student signature:
Result: Competent Not yet competent
Feedback to student
Assessor name:
Signature:
Date:
Assessment Record Sheet
BSBSMB304A - Determine resource requirements for the micro business
Student name:
Student ID:
Assessment task 1: [title] Result: Competent Not yet competent
(add lines for each task)
Feedback to student:
Overall assessment result: Competent Not yet competent
Assessor name:
Signature:
Date:
Student signature:
Date: