Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

BSBSMB302 Mapping and Delivery Guide
Develop a micro business proposal

Version 1.0
Issue Date: May 2024


Qualification -
Unit of Competency BSBSMB302 - Develop a micro business proposal
Description
Employability Skills
Learning Outcomes and Application 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 range of stakeholders.It applies to individuals who are establishing or operating a micro business providing self-employment.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.

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.

Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities 		Slides
PPT 		Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Evaluate business opportunities
  • Identify and research key factors influencing viability of business ideas
  • Analyse business ideas in terms of personal or family needs and commitments
  • Evaluate impacts of emerging or changing technology, including ecommerce, on the opportunity
  • Determine viability of business opportunity in line with perceived risks, available resources, financial returns and other outcomes sought
  • Assess and match personal skills/attributes against those perceived as necessary for a particular business opportunity
  • Identify and assess business risks according to resources available and personal preferences
       
Element: Detail the business idea
  • Develop an accurate description of the business idea for key stakeholders
  • Develop an accurate summary of the major products and/or services required to suit personal needs and requirements
       
Element: Prepare the business overview to suit different stakeholders
  • Present an accurate list of key stakeholders and their information requirements
  • Determine an acceptable method of presentation of information for each stakeholder
  • Provide accurate customised information to target audiences
       


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.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Evaluate business opportunities

1.1 Identify and research key factors influencing viability of business ideas

1.2 Analyse business ideas in terms of personal or family needs and commitments

1.3 Evaluate impacts of emerging or changing technology, including ecommerce, on the opportunity

1.4 Determine viability of business opportunity in line with perceived risks, available resources, financial returns and other outcomes sought

1.5 Assess and match personal skills and attributes against those required for a particular business opportunity

1.6 Identify and assess business risks according to resources available and personal preferences

2. Detail the business idea

2.1 Develop an accurate description of the business idea for key stakeholders

2.2 Develop an accurate summary of the major products or services required to suit personal needs and requirements

3. Prepare the business overview to suit different stakeholders

3.1 Present an accurate list of key stakeholders and their information requirements

3.2 Determine an acceptable method of presentation of information for each stakeholder

3.3 Provide accurate customised information to target audiences

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.

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.

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, 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.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Evaluate business opportunities

1.1 Identify and research key factors influencing viability of business ideas

1.2 Analyse business ideas in terms of personal or family needs and commitments

1.3 Evaluate impacts of emerging or changing technology, including ecommerce, on the opportunity

1.4 Determine viability of business opportunity in line with perceived risks, available resources, financial returns and other outcomes sought

1.5 Assess and match personal skills and attributes against those required for a particular business opportunity

1.6 Identify and assess business risks according to resources available and personal preferences

2. Detail the business idea

2.1 Develop an accurate description of the business idea for key stakeholders

2.2 Develop an accurate summary of the major products or services required to suit personal needs and requirements

3. Prepare the business overview to suit different stakeholders

3.1 Present an accurate list of key stakeholders and their information requirements

3.2 Determine an acceptable method of presentation of information for each stakeholder

3.3 Provide accurate customised information to target audiences

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
Identify and research key factors influencing viability of business ideas 
Analyse business ideas in terms of personal or family needs and commitments 
Evaluate impacts of emerging or changing technology, including ecommerce, on the opportunity 
Determine viability of business opportunity in line with perceived risks, available resources, financial returns and other outcomes sought 
Assess and match personal skills/attributes against those perceived as necessary for a particular business opportunity 
Identify and assess business risks according to resources available and personal preferences 
Develop an accurate description of the business idea for key stakeholders 
Develop an accurate summary of the major products and/or services required to suit personal needs and requirements 
Present an accurate list of key stakeholders and their information requirements 
Determine an acceptable method of presentation of information for each stakeholder 
Provide accurate customised information to target audiences 

Forms

Assessment Cover Sheet

BSBSMB302 - Develop a micro business proposal
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

BSBSMB302 - Develop a micro business proposal

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: