This qualification reflects the role of individuals who act as franchisors. A franchisor licenses trademarks, and tried and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage piece of gross sales or gross profits as well as the annual fees. This qualification applies to the franchisor, while the BSB40707 Certificate IV in Franchising applies to the franchisee.
Job Roles
Franchisor - of one or more sites of a franchise operation within any sector of the economy.
Subjects
Total number of units = 8
8 elective units
4 elective units must be selected from the Group A units listed below.
2 of the elective units must be selected from the Group A or Group B units listed below.
The remaining 2 elective units may be selected from the Group B units listed below, or any currently endorsed Training Package or accredited course at the same qualification level. If not listed below, one unit may be selected from either a Certificate IV or an Advanced Diploma qualification.
Elective units must be relevant to the work outcome, local industry requirements and the qualification level.
There are no entry requirements for this qualification.
Pathways into the qualification
Preferred pathways for candidates considering this qualification include:
BSB40407 Certificate IV in Small Business Management, the BSB40707 Certificate IV in Franchising or other relevant qualification/s
OR
with vocational experience working in a business management role or a franchising environment, but without formal qualification.
Examples of indicative job roles for candidates seeking entry based upon their vocational experience include:
Small Business Manager
Franchisee.
This breadth of expertise would equate to the competencies required to undertake this qualification.
Pathways from the qualification
After achieving this qualification candidates may undertake:
BSB60407 Advanced Diploma of Management.
The BSB50507 Diploma of Franchising has been developed for a franchisor. The Certificate IV qualification is designed for those operating as franchisees.
Entry Requirements
Not applicable.
Licensing Information
Licensing, Legislative, Regulatory or Certification Considerations
There is no direct link between this qualification and licensing, legislative and/or regulatory requirements. However, where required, a unit of competency will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit.
Employability Skills
QUALIFICATION SUMMARY
The following table contains a summary of the Employability Skills required by industry for this qualification. The Employability Skills facets described here are broad industry requirements that may vary depending on qualification packaging options.
Employability Skill
Industry/enterprise requirements for this qualification include:
Communication
consulting with others on developing a range of operational plans
demonstrating effective interpersonal and customer service skills when interacting with franchisees and customers
reporting on information gained and analysis on possible franchise site opening
Teamwork
managing relationships and providing feedback
providing coaching and/or counselling skills as required
working closely with and supporting franchisees
Problem-solving
analysing data and evaluating the effectiveness of systems
calculating resource requirements and acquiring them
conducting financial feasibilities and managing budgets
solving complex and non-routine difficulties
using a variety of problem solving and decision making strategies
Initiative and enterprise
being entrepreneurial, creative and providing innovative solutions to complex issues
encouraging creative and innovative workplace solutions
identifying new and emerging opportunities for the franchise business and developing strategies to capitalise on them
Planning and organising
collecting, collating and analysing information using appropriate workplace business systems
planning for business and marketing
researching the feasibility of establishing, planning the set up and implementing policies and procedures for the selected franchise model
Self-management
applying knowledge in a self directed manner
managing a franchise business model
Learning
coaching and mentoring others to acquire new knowledge and skills
identifying training opportunities and making training available
managing the performance of franchisees via regular monitoring and review
Technology
using computerised systems, software and telecommunication devices
using technology to assist the management of information and to assist the planning process
