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Qualification details

BSB50515 - Diploma of Franchising (Release 2)

Summary

Usage recommendation:
Deleted
The Deleted usage recommendation was implemented on 13 June 2017 to describe training components that have no replacement. Enrolments in training components and statements of attainment or qualifications issued before 13 June 2017 are valid. For any components marked as deleted after 13 June 2017, the applicable transition/teach-out periods apply. For specific questions regarding the enrolment, delivery or issuance of a statement of attainment/qualification, please contact your training regulator.
Mapping:
MappingNotesDate
DeletedDeleted from BSB Business Services Training Package18/Oct/2020
Supersedes and is equivalent to BSB50507 - Diploma of FranchisingUpdated to meet Standards for Training Packages24/Mar/2015

Release Status:
Current
Releases:
ReleaseRelease date
2 (this release) 30/Aug/2019
(View details for release 1) 25/Mar/2015


Units of competency

CodeSort Table listing Units of Competency by the Code columnTitleSort Table listing Units of Competency by the Title columnEssentialSort Table listing Units of Competency by the Essential column
BSBIPR501 - Manage intellectual property to protect and grow businessManage intellectual property to protect and grow businessElective
BSBMGT516 - Facilitate continuous improvementFacilitate continuous improvementElective
BSBFRA504 - Manage relationships with franchiseesManage relationships with franchiseesElective
BSBWOR502 - Lead and manage team effectivenessLead and manage team effectivenessElective
BSBWOR501 - Manage personal work priorities and professional developmentManage personal work priorities and professional developmentElective
BSBCUS501 - Manage quality customer serviceManage quality customer serviceElective
BSBRSK501 - Manage riskManage riskElective
BSBFRA502 - Manage a franchise operationManage a franchise operationElective
BSBFRA505 - Manage closure of a franchiseManage closure of a franchiseElective
BSBFRA503 - Manage establishment of new sites or regionsManage establishment of new sites or regionsElective
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Displaying items 1 - 10 of 19

Classifications

SchemeCodeClassification value
ANZSCO Identifier 140000 Hospitality, Retail And Service Managers 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 
Qualification/Course Level of Education Identifier 421 Diploma 
Taxonomy - Industry Sector N/A Customer Service,Business Administration,Small Business 
Taxonomy - Occupation N/A Franchisor 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 140000 Hospitality, Retail And Service Managers 30/Jul/2015 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 30/Jul/2015 
Qualification/Course Level of Education Identifier 421 Diploma 25/Mar/2015 
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Modification History

Release 

Comments 

Release 2

This version first released with BSB Business Services Training Package Version 5.0.

Version created to update Elective Unit list.

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

Qualification Description

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.

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 = 8 

This qualification has no core units. 

8 elective units must be selected, of which: 

  • 4 units must be selected from the Group A units listed below
  • 2 units may be additional units from Group A
  • 2 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 environment and the qualification, maintain the integrity of the AQF alignment and contribute to a valid, industry-supported vocational outcome.

Elective Units 

Group A 

BSBFRA501 Establish a franchise operation

BSBFRA502 Manage a franchise operation

BSBFRA503 Manage establishment of new sites or regions

BSBFRA504 Manage relationships with franchisees

BSBFRA505 Manage closure of a franchise

Group B units 

BSBCUS501 Manage quality customer service

BSBFIM501 Manage budgets and financial plans

BSBINM501 Manage an information or knowledge management system

BSBIPR501 Manage intellectual property to protect and grow business

BSBLED501 Develop a workplace learning environment

BSBMGT502 Manage people performance

BSBMGT517 Manage operational plan

BSBMGT516 Facilitate continuous improvement

BSBPMG522 Undertake project work

BSBRSK501 Manage risk

BSBSUS501 Develop workplace policy and procedures for sustainability

BSBWHS521 Ensure a safe workplace for a work area

BSBWOR501 Manage personal work priorities and professional development

BSBWOR502 Lead and manage team effectiveness

Qualification Mapping Information

Supersedes and is equivalent to BSB50507 Diploma of Franchising.

Links

Companion Volume Implementation Guides are available from VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10