Establish operational strategies and procedures for new business ventures (Superseded)
This unit is an accredited training resource consistent with the Nationally Recognised Training requirements for Vocational Education and Training (VET) and is ideal for Registered Training Organisations (RTOs) in Australia. It consists of Learning Resource Material (instructional theory), an Assessment Workbook, and information about assessment mapping to the Performance Criteria, Knowledge Evidence, and Performance Evidence requirements of this accredited unit.
Our BSBESB406 training product is available for purchase as a hardcopy (printed) book in both Learner Guide and Trainer/Assessor Guide variants. This unit is available for enrolment and online training/assessment via Catapult LMS (Learning Management System). NOTE: If you are a training provider, please do your own validation, in accordance with your Training and Assessment Strategy (TAS).
$19.00 inc GST
Unit information about the BSBESB406 training material in this resource
BSBESB406 information from training.gov.au.
This unit describes the skills and knowledge required to develop and implement operational strategies and procedures for new businesses.
The unit applies to those establishing a business providing self-employment, as well as those establishing a new venture as part of a larger organisation.
Unit mapping information
Supersedes and is equivalent to BSBSMB420 Evaluate and develop small business operations.
Supersedes but is not equivalent to:
BSBFRA401 Manage compliance with franchisee obligations and legislative requirements
BSBFRA402 Establish a franchise
BSBFRA403 Manage relationship with franchisor
BSBFRA404 Manage a multiple-site franchise
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
BSBIPR501 Manage intellectual property to protect and grow business
BSBSMB423 Create a digital technology plan for small business
Licensing, legislative, regulatory or certification requirements
No licensing, legislative or certification requirements apply to this unit at the time of publication.
Foundation skills essential to performance are explicit in the performance criteria of this unit of competency.
Unit sector or competency field
Business Competence – Entrepreneurship and Small Business
Prerequisite, co-requisite or interdependent assessment of units
Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry.
This includes access to:
business equipment and resources, including business technology
legislation, regulations, codes of practice and standards relating to business described in performance evidence
workplace documentation and resources relevant to performance evidence
Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.