Undertake small business planning

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 BSBSMB404A, 'Undertake small business planning'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Reference books for 'Undertake small business planning' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)

Elements and Performance Criteria



1. Identify elements of the business plan

1.1. Identify purpose of the business plan

1.2. Identify and review the essential components of the business plan

1.3. Identify and document business goals and objectives as a basis for measuring business performance

2. Develop a business plan

2.1. Research resources, legal and compliance requirements, specifically in relation to occupational health and safety (OHS), in accordance with business goals and objectives

2.2. Research market needs, and market size and potential

2.3. Identify sources and costs of finance, from the financial plan, to provide required liquidity and profitability for the business

2.4. Identify methods, from the marketing strategies, to promote the market exposure of the business

2.5. Identify methods/means of production/operation from the production/operations plan to conform with business goals and objectives

2.6. Identify staffing requirements to effectively produce/deliver products/services

2.7. Identify specialist services and sources of advice, where required, and cost in accordance with resources available

3. Develop strategies for minimising risks

3.1. Identify specific interests and objectives of relevant people and seek and confirm their support of the planned business direction

3.2. Identify and develop risk management strategies according to business goals and objectives, and relevant legal requirements

3.3. Develop contingency plan to address possible areas of non-conformance with the plan

Qualifications and Skillsets

BSBSMB404A appears in the following qualifications:

  • ICP50110 - Diploma of Printing and Graphic Arts (Digital Production)
  • ICP50310 - Diploma of Printing and Graphic Arts (Printing)
  • ICP50410 - Diploma of Printing and Graphic Arts (Management_Sales)
  • ICP50510 - Diploma of Printing and Graphic Arts (Process Improvement)
  • PRM40509 - Certificate IV in Asset Maintenance (Waste Management)
  • PRM40209 - Certificate IV in Asset Maintenance (Pest Management)
  • PRM40704 - Certificate IV in Asset Maintenance (Fire Safety Systems Inspection)
  • LMF60308 - Advanced Diploma of Furniture Design and Technology
  • LMF40308 - Certificate IV in Musical Instrument Making and Repair
  • LMF50508 - Diploma of Furniture Design and Technology
  • LMF50308 - Diploma of Stained Glass and Lead Lighting
  • LMF40508 - Certificate IV in Furniture Design and Technology
  • CPC40708 - Certificate IV in Building and Construction (Trade Contracting)
  • CPC40808 - Certificate IV in Swimming Pool and Spa Building
  • CPC40110 - Certificate IV in Building and Construction (Building)
  • CPC40911 - Certificate IV in Plumbing and Services
  • SFL40110 - Certificate IV in Floristry
  • SFL50110 - Diploma of Floristry Design
  • SIS40210 - Certificate IV in Fitness
  • CPP40307 - Certificate IV in Property Services (Real Estate)
  • CPP40507 - Certificate IV in Property Services (Business Broking)
  • CPP40407 - Certificate IV in Property Services (Stock and Station Agency)
  • CPP40811 - Certificate IV in Access Consulting
  • CPP40611 - Certificate IV in Property Services (Operations)
  • CPP50409 - Diploma of Property Services (Business Broking)
  • SIB50210 - Diploma of Salon Management
  • AUR50105 - Diploma of Automotive Management
  • AUR40105 - Certificate IV in Automotive Management
  • BSB40407 - Certificate IV in Small Business Management
  • BSB40907 - Certificate IV in Governance
  • WRH40209 - Certificate IV in Trichology
  • WRH40109 - Certificate IV in Hairdressing
  • WRH50109 - Diploma of Hairdressing Salon Management
  • SIF40108 - Certificate IV in Funeral Services
  • PSP42010 - Certificate IV in School Support Services
  • PSP41904 - Certificate IV in Government (School Support Services)
  • FPI40205 - Certificate IV in Timber Processing
  • FPI40105 - Certificate IV in Forest Operations
  • CUS40209 - Certificate IV in Sound Production
  • CUS40309 - Certificate IV in Music Business
  • CUS40109 - Certificate IV in Music
  • 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
  • CUE50403 - Diploma of Venues and Events
  • LMT60207 - Advanced Diploma of Medical Grade Footwear
  • FDF30310 - Certificate III in Plant Baking
  • FDF40110 - Certificate IV in Food Processing
  • FDF30810 - Certificate III in Plant Baking
  • FDF30110 - Certificate III in Food Processing
  • FDF30210 - Certificate III in Pharmaceutical Manufacturing
  • FDF40210 - Certificate IV in Pharmaceutical Manufacturing
  • SIR50207 - Diploma of Visual Merchandising
  • SIR40207 - Certificate IV in Retail Management
  • CUF40407 - Certificate IV in Make-up
  • CUF50107 - Diploma of Screen and Media

And the skillsets: