Investigate micro business opportunities

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver BSBSMB301A, 'Investigate micro business opportunities'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Investigate micro business opportunities' on This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to for every purchase, so go nuts :)

Elements and Performance Criteria



1. Describe business ideas

1.1. Gather information for business ideas from appropriate sources

1.2. List details of business ideas and opportunities

1.3. Research alternative business ideas in light of the resources available

1.4. Specify and list products and services to match business ideas

1.5. Identify and research potential customer information for business ideas

1.6. Identify and take into account financial, business and technical skills available when researching business opportunities

2. Identify market needs

2.1. Collect information regarding market size and potential from appropriate sources

2.2. Investigate market trends and developments to identify market needs relative to business ideas

2.3. Gather market information from primary and secondary sources to identify possible market needs in relation to business ideas

2.4. Identify ethical and cultural requirements of the market and their impact on business ideas

2.5. Identify new and emerging markets and document their features

2.6. Identify and organise information on expected market growth or decline and associated risk factors

3. Investigate factors affecting the market

3.1. Identify projected changes in population, economic activity and the labour force that may affect business ideas

3.2. Identify movements in prices and projected changes in availability of resources

3.3. Review trends and developments and identify their potential impact on business ideas

Qualifications and Skillsets

BSBSMB301A appears in the following qualifications:

  • ICP30410 - Certificate III in Printing and Graphic Arts (Digital Printing)
  • CPC32011 - Certificate III in Carpentry and Joinery
  • CPC31211 - Certificate III in Wall and Ceiling Lining
  • CPC31411 - Certificate III in Construction Waterproofing
  • CPC30111 - Certificate III in Bricklaying/Blocklaying
  • CPC30611 - Certificate III in Painting and Decorating
  • CPC31711 - Certificate III in Low Rise Structural Framing
  • CPC32311 - Certificate III in Stonemasonry (Monumental/Installation)
  • CPC30311 - Certificate III in Concreting
  • CPC31811 - Certificate III in Shopfitting
  • CPC32211 - Certificate III in Joinery (Stairs)
  • CPC30811 - Certificate III in Roof Tiling
  • CPC31311 - Certificate III in Wall and Floor Tiling
  • CPC30411 - Certificate III in Demolition
  • CPC30511 - Certificate III in Dogging
  • CPC31111 - Certificate III in Steelfixing
  • CPC30911 - Certificate III in Scaffolding
  • CPC30211 - Certificate III in Carpentry
  • CPC32111 - Certificate III in Signage
  • CPC31011 - Certificate III in Solid Plastering
  • CPC31911 - Certificate III in Joinery
  • CPC31511 - Certificate III in Formwork/Falsework
  • CPC31611 - Certificate III in Paving
  • CPC30711 - Certificate III in Rigging
  • SIS30610 - Certificate III in Sport Career Oriented Participation
  • CPP30607 - Certificate III in Investigative Services
  • AUR20105 - Certificate II in Automotive Administration
  • AUR21105 - Certificate II in Automotive Sales
  • AUR30105 - Certificate III in Automotive Administration
  • AUR31005 - Certificate III in Automotive Sales
  • AUR50105 - Diploma of Automotive Management
  • AUR40105 - Certificate IV in Automotive Management
  • BSB30307 - Certificate III in Micro Business Operations
  • WRH40209 - Certificate IV in Trichology
  • WRH40109 - Certificate IV in Hairdressing
  • CHC42608 - Certificate IV in Celebrancy
  • CUS30109 - Certificate III in Music
  • CUS30309 - Certificate III in Music Business
  • CUS30209 - Certificate III in Technical Production
  • CUV40403 - Certificate IV in Photoimaging
  • SFI50211 - Diploma of Fishing Operations
  • SFI40111 - Certificate IV in Aquaculture
  • SFI40511 - Certificate IV in Seafood Processing
  • SFI40611 - Certificate IV in Seafood Industry Sales and Distribution
  • LMT60207 - Advanced Diploma of Medical Grade Footwear
  • FDF30310 - Certificate III in Plant Baking
  • FDF30810 - Certificate III in Plant Baking
  • FDF30110 - Certificate III in Food Processing
  • FDF30210 - Certificate III in Pharmaceutical Manufacturing

And the skillsets: