Modification History
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Release |
Comments |
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Release 2 |
This version first released with BSB Business Services Training Package Version 8.0. Three newly created units for organisational disruption were added to Group B Transferable Skills electives:
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Release 1 |
This version first released with BSB Business Services Training Package Version 7.0. |
Qualification Description
This qualification reflects the role of individuals establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation.
These individuals use well developed skills and a broad knowledge base to solve a range of unpredictable problems, and analyse and evaluate information from a variety of sources. They may provide leadership and guidance to others and have responsibility for the output of others.
Licensing/Regulatory Information
No licensing, legislative or certification requirements apply to this qualification at the time of publication.
Entry Requirements
Nil
Packaging Rules
Total number of units = 10
4 core units plus
6 elective units, of which:
- 2 elective units must be selected from Group A
- for the remaining 4 elective units:
- up to 3 units may be selected from Group A
- up to 4 units may be selected from Group B
- if not listed, up to 2 units may be selected from a Certificate III, Certificate IV or Diploma from this or any other currently endorsed Training Package qualification or accredited course.
Elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment and contribute to a valid, industry-supported vocational outcome.
Core units
BSBESB401 Research and develop business plans
BSBESB402 Establish legal and risk management requirements of new business ventures
BSBESB403 Plan finances for new business ventures
BSBESB404 Market new business ventures
Elective units
Group A – Entrepreneurship and New Business
BSBESB301 Investigate business opportunities
BSBESB302 Develop and present business proposals
BSBESB405 Manage compliance for small businesses
BSBESB406 Establish operational strategies and procedures for new business ventures
BSBESB407 Manage finances for new business ventures
Group B – Transferable Skills
BSBCRT411 Apply critical thinking to work practices
BSBCRT413 Collaborate in creative processes
BSBCRT512 Originate and develop concepts
BSBFIN401 Report on financial activity
BSBHRM415 Coordinate recruitment and onboarding
BSBHRM523 Coordinate the learning and development of teams and individuals
BSBINS401 Analyse and present research information
BSBINS410 Implement records systems for small business
BSBLDR412 Communicate effectively as a workplace leader
BSBLDR413 Lead effective workplace relationships
BSBLDR521 Lead the development of diverse workforces
BSBLEG421 Apply understanding of the Australian legal system
BSBMKG431 Assess marketing opportunities
BSBMKG434 Promote products and services
BSBOPS401 Coordinate business resources
BSBOPS404 Implement customer service strategies
BSBOPS407X Support organisational response to disruption
BSBOPS506X Plan for organisational disruption
BSBOPS507X Manage organisational response to disruption
BSBPEF401 Manage personal health and wellbeing
BSBPEF403 Lead personal development
BSBPMG430 Undertake project work
BSBPRC402 Negotiate contracts
BSBSTR401 Promote innovation in team environments
BSBSTR501 Establish innovative work environments
BSBSUS411 Implement and monitor environmentally sustainable work practices
BSBTEC403 Apply digital solutions to work processes
BSBTEC404 Use digital technologies to collaborate in a work environment
BSBTEC405 Review and maintain organisation’s digital presence
BSBTWK401 Build and maintain business relationships
BSBWHS411 Implement and monitor WHS policies, procedures and programs
BSBXBD403 Analyse big data
BSBXCM401 Apply communication strategies in the workplace
BSBXCS402 Promote workplace cyber security awareness and best practices
BSBXTW401 Lead and facilitate a team
FNSACC416 Set up and operate a computerised accounting system
PSPGEN028 Provide a quotation
SIRXECM003 Design an ecommerce site
SIRXMKT006 Develop a social media strategy
SIRXOSM005 Develop a basic website for customer engagement
Qualification Mapping Information
Supersedes and is equivalent to BSB42618 Certificate IV in New Small Business.
Supersedes but is not equivalent to BSB42518 Certificate IV in Small Business Management.
Links
Companion Volume Implementation Guide is found on VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10
