SBM small business finance

General Awareness

This course satisfies the business knowledge and experience requirements to be granted a Contractor's licence as outlined by CBS.

Competency Standard

BSBESB403 Plan finances for new business ventures

Prerequisites

N/A

Learning Outcomes

1. Prepare to plan finances
2. Develop a financial plan
3. Plan to acquire finance

Course Objectives

This unit describes the skills and knowledge required to identify financial requirements of a business, including profit targets, cash flow projections and strategies to garner financial support.

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.

No licensing, legislative or certification requirements apply to this unit at the time of publication.