New Business Planning

Price:

$560.00

To enrol, select payment option below:

Prepaid Fee
Payment Plan

New Business Planning

$560.00

TOTAL: $610.00 over 2 months
Initial Payment: $200.00
Succeeding Payments: $102.50 X 4 fortnightly payments

Payment Plan

Units of Competency

Course Access

3 months access to online course

Support Hours

7am - 9pm AEST (Mon - Fri)

Why Study with AOT?

Over 15 years of delivering qualifications online
Dedicated eLearning and LMS development team
Courses developed in-house by industry experts
Courses written specifically for online delivery
Professional and industry skilled trainers
Rated ‘Excellent’ on independent review platform TrustPilot

Simulated Workplace

Full access to our unique virtual company that brings your course material to life.

Delivery Mode

100% online, available 24/7
No classroom attendance or work placement

Trainer Support

One-on-one unlimited

Description

Course Overview

Is it time to take your side hustle to the next level? The first step is to develop a business plan.

If you’re an aspiring entrepreneur waiting to start your own small business or side hustle, this is the course to get you started.

AOT’s Business Planning short course will give you the foundation skills and knowledge to enable you to create your business plan. This includes business goals and objectives, researching market needs, risk analysis, legal requirements, business structures, ABNs and negotiating contracts.

Upon successful completion of the short course, you will receive a Statement of Attainment in partial completion of the BSB40320 Certificate IV in Entrepreneurship and New Business.

Career Pathways

Owner Operator
Small Business Manager
Small Business Operator
Small Business Owner

Study Pathways

You may apply for a credit transfer towards several qualifications. At AOT, these include:

BSB40320 Certificate IV in Entrepreneurship and New Business

Talk to our course advisor for more information on credit transfer rules and the qualification that will best suit your needs.

BSBESB401 Research and develop business plans

This unit describes the skills and knowledge required to research and develop business plans for achieving business goals and objectives.

The unit applies to those establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation.

Topics:

Prepare to develop business plan
Draft business plan
Create a business plan
Finalise business planning and plan for risk

Upon successful completion of this unit, you will develop at least one business plan that addresses the goals and objectives of a business or business venture.

Nominal hours = 50

BSBESB402 Establish legal and risk management requirements of new business ventures

This unit describes the skills and knowledge required to identify and comply with legal and risk management requirements of the business or new business venture, including negotiating, creating and planning for legal contracts used within the business, where required.

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.

Topics:

Identify legal and risk management requirements relating to business
Implement procedures and processes to comply with legislative and regulatory requirements
Negotiate and arrange contracts
Mitigate business risks

Upon successful completion of this unit, you will:

Establish legal and risk management requirements for at least one business or new business venture, and implement procedures for meeting them
Create at least one contract with a supplier of goods or services to business or new business venture
Identify, assess and treat at least three different risks specific to business or new business venture and prioritise risks with highest probability of occurrence and greatest negative impact.

Nominal hours = 60

Course Assessment

You will be assessed for these units of competency using a variety of tasks to assess your understanding and skills. A virtual session means you will be one on one with your assessor either answering questions or taking part in a role play, just as you would do in any classroom, only we do it online.

All of our assessments are marked by your assessor within ten (10) working days following the day you submitted your work. You have three (3) attempts for each assessment task to achieve a satisfactory outcome (100% pass mark), with your assessor giving you detailed feedback following each submission.

Unit	Written Activities	Virtual Classroom/Roleplay	Scenario/ Case study	Project/ Report
BSBESB401 Research and develop business plans	✔Written Activities			✔Project/Report
BSBESB402 Establish legal and risk management requirements of new business ventures	✔Written Activities	✔Virtual Classroom		✔Project/Report

Course Duration

We provide you with up to three (3) months to complete this course. How long it actually takes you to complete each unit will be reflective of the time you are able to dedicate to your studies.

In the units list, you will see the government’s nominal hours for each unit, which are their anticipated number of study hours. Our students usually find that their actual study hours are less than this.

Course Requirements

Requirements

There are no formal requirements. However, learners will need:

Sufficient language, literacy and numeracy skills to complete the course
Basic computer skills
- Knowledge of common computing terms and word processing
- Proficiency with web browser software and sending/receiving e-mail including e-mail with attachment
- Familiarity with navigating the Internet
Meet technology requirements
Be at least 18 years old or have completed Year 12 if enrolling in a Diploma

Technology requirements

Operating System: Windows 7 or higher (recommended); MAC OS X 10.6 (Snow Leopard) or higher (recommended)
CPU: Min. of 2 GB of RAM, Min. of 2 GB of spare disk space is recommended
Processor: 2.0 GHz processor or higher (32-bit or 64-bit)
Monitor with at least 1024x768 screen resolution
Internet access: Minimum ADSL1 with a speed of at least 3 Mbps
An email address that is unique to you and that you will maintain throughout your enrolment
Headset (or speakers and microphone) and webcam
Microsoft Office (Word, Excel, PowerPoint, Publisher) or similar software
Up-to-date web browser version

Learner Support

Support you can expect from AOT

Our focus is to provide the real-world skills and knowledge that you need to advance your career, fulfil your goals and achieve success in the workplace. No matter what course you choose, here at AOT you will receive the assistance and support that will help make your study time convenient, manageable and worthwhile. The benefit of studying with us is that you don't have to schedule your time to attend face-to-face classroom sessions. You can study at times convenient to you in your own home or anywhere that suits your learning style. To support you in your study we provide:

Live chat

Trainer support available whilst you are studying 7am – 9pm AEST (Mon to Fri).

Contact us form

Mentoring sessions

You can book unlimited appointments with a trainer to discuss the learning material, assessment expectations, or assessment feedback.

Virtual classroom sessions

This can be booked with your trainer for specific assessments.

Course induction

You are provided with a course induction tutorial and you may also request for a Learner Support Officer to personally take you through the sauceLMS and your course.

Help and Support

A section on your sauceLMS dashboard with useful links.

Student Frequently Asked Questions

Find answers to your questions quickly and easily using the FAQs.

You are not alone in your study with AOT!

New Business Planning

New Business Planning