BSBESB302

This unit describes the skills and knowledge required to research the viability of ideas for business opportunities and develop and present proposals for viable options in formats suiting a range of stakeholders.

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. The proposals may relate to products and/or services offered by the business.

Topics:

  1. Evaluate business ideas
  2. Manage risk associated with business proposal
  3. Develop proposal for viable business idea
  4. Present business proposal

Upon successful completion of this unit, you will:

  • develop and present a business proposal for a product or service.

In the course of the above, you must:

  • analyse information from a range of sources to evaluate the viability of the business opportunities, including:
    • consideration of personal commitments
    • risk identification and assessment
    • personal skills and attributes analysis against required skills
    • anticipated financial returns.

Nominal hours = 30 hours