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Plan finances for new business ventures OR Plan finances for new business ventures (SBM)
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Course Service ID 1165
Funded Hours 16
CITB Subsidised Amount $260
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 OR BSBSMB402 Plan small business finances
Prerequisites N/A
Learning Outcomes

1. Prepare to plan finances
2. Develop a financial plan
3. Plan to acquire finance
OR
1. Identify costs, calculate prices and prepare profit statement
2. Develop a financial plan
3. 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.

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