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Skill set details

SIBSS00002 - Small Business Financial Management (imported from BSB07) (Release 1)

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 SIB10 Beauty Training Package10/Sep/2018

Releases:
ReleaseRelease date
1 1 (this release) 09/Dec/2010

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Modification History

Not applicable.

Description

Not applicable.

Pathways Information

Pathway 

  • BSBSMB304A Determine resource requirements for the micro business provides credit towards the:
  • BSB30307 Certificate III in Micro Business Operations
  • SIB30110 Certificate III in Beauty Services
  • BSBSMB402A Plan small business finances provides credit towards the:
  • BSB40407 Certificate IV in Small Business Management
  • SIB30110 Certificate III in Beauty Services
  • BSBSMB406A manage small business finances provides credit towards the:
  • SIB30110 Certificate III in Beauty Services
  • SIB50210 Diploma of Salon Management.

Licensing/Regulatory Information

Not applicable.

Skill Set Requirements

Units 

BSBSMB304A

Determine resource requirements for the micro business

BSBSMB402A

Plan small business finances

BSBSMB406A

Manage small business finances

Target Group

Target Group 

This skill set is for small business practitioners who are managing finances for a small business. It may relate to people, such as nail technologists or make-up artists who are establishing or operating a micro business providing for self employment.

Suggested words for Statement of Attainment

Suggested form of words for Statement of Attainment 

These units of competency meet the industry requirements for financial management.