Skills assessment - BSBSMB401 Establish legal and risk management requirements of small business and BSBSMB404 Undertake small business planning Introduction Use this skills assessment form to give you an idea as to whether you would be successful in an RPL application for a unit/s. Scroll down the form, click on the relevant unit code to open the form up for that unit and select from the drop down list the relevant number of times you have performed that task yourself. Once you have provided a response for each unit, and/or previous study option, go to the 'summary' section. This will summarise the likelihood of whether you would be successful in an RPL application. If we can help with anything at all while you are completing this form, or if you have any questions about anything else, please don't hesitate to contact us on 1300 797 123 or email [email protected] Unit
BSBSMB401 Establish legal and risk management requirements of small business Have you performed the following: "" Task Response Identified and researched options for business structures Please select Never done Less than 10 Around 10-50 More than 50 Determined legislation and regulatory requirements affecting the business Please select Never done Less than 10 Around 10-50 More than 50 "" Developed and implemented procedures to ensure compliance with regulatory requirements Please select Never done Less than 10 Around 10-50 More than 50 "" Established systems to ensure WHS, registration and environmental requirements are met Please select Never done Less than 10 Around 10-50 More than 50 "" Identified taxation principles are requirements relevant to the business Please select Never done Less than 10 Around 10-50 More than 50 "" Identified and carefully maintained legal documents Please select Never done Less than 10 Around 10-50 More than 50 "" Monitored provision of products and services of the business to protect legal rights Please select Never done Less than 10 Around 10-50 More than 50 "" Conducted investigations to identify areas of non-compliance Please select Never done Less than 10 Around 10-50 More than 50 "" Sought legal advice on contractual rights and obligations Please select Never done Less than 10 Around 10-50 More than 50 Investigated and assessed potential products and services to determine procurement rights Please select Never done Less than 10 Around 10-50 More than 50 Identified options for leasing or ownership of business premises Please select Never done Less than 10 Around 10-50 More than 50 Identified potential internal risks to the business Please select Never done Less than 10 Around 10-50 More than 50 Identified potential external risks to the business Please select Never done Less than 10 Around 10-50 More than 50 Assessed the probability and impact of identified risks Please select Never done Less than 10 Around 10-50 More than 50 Prioritised risks for treatment Please select Never done Less than 10 Around 10-50 More than 50 Developed actions to mitigate risks including identifying insurance requirements Please select Never done Less than 10 Around 10-50 More than 50 "" ""
BSBSMB404 Undertake small business planning Have you performed the following: "" Task Response Identified the purpose of a busines plan Please select Never done Less than 10 Around 10-50 More than 50 Identified and reviewed essential components of a business plan Please select Never done Less than 10 Around 10-50 More than 50 "" Identified and documented business goals and objectives Please select Never done Less than 10 Around 10-50 More than 50 "" Researched resources, legal and compliance requirements, specifically in relation to WHS Please select Never done Less than 10 Around 10-50 More than 50 "" Researched markets needs Please select Never done Less than 10 Around 10-50 More than 50 Researched market size Please select Never done Less than 10 Around 10-50 More than 50 Researched market potential Please select Never done Less than 10 Around 10-50 More than 50 Identified sources and cost of finance to provide liquidity for the business Please select Never done Less than 10 Around 10-50 More than 50 Identified methods from marketing strategies to promote market exposure Please select Never done Less than 10 Around 10-50 More than 50 Identified methods or means or production or operation from production or operations plan Please select Never done Less than 10 Around 10-50 More than 50 Identified staffing requirements to effectively produce or deliver products and services Please select Never done Less than 10 Around 10-50 More than 50 Identified, assessed and prioritised internal and external risks Please select Never done Less than 10 Around 10-50 More than 50 Identified specialist services and sources of advice Please select Never done Less than 10 Around 10-50 More than 50 Identified specific interests and objectives of relevant people Please select Never done Less than 10 Around 10-50 More than 50 Identified and developed risk management strategies Please select Never done Less than 10 Around 10-50 More than 50 Developed a contingency plan to address possible areas of non-conformance with the plan Please select Never done Less than 10 Around 10-50 More than 50 "" ""
Previous study and completed courses Have you completed any of the following courses: Course Response BSBSBM401A Establish business and legal requirements Please select Yes No BSBSMB401A Establish legal and risk management requirements of small business Please select Yes No BSBSBM404A Undertake business planning Please select Yes No BSBSMB404A Undertake small business planning Please select Yes No "" ""
Summary Here is a summary of the possibility of RPL based on your responses: Unit Likelihood No = You will not be able to gain an RPL, you will need to enrol in the unit and complete it normally. Unlikely = it is extremely unlikely you would be successful in an RPL application based on your responses. We highly recommend to complete under normal enrolment, however the choice is yours. Likely = it is quite possible that you could apply for, and be granted, RPL for the unit. However this is based on you providing suitable and satisfactory evidence in addition to completing a quizz, experience video, work history, etc. Possibly = depends on what units you completed for the relevant course/s. We will need to check your academic transcript to confirm you have completed the required unit/s. Please complete the details below and click the 'submit' button. If it looks like you can apply for RPL for a unit/s, we will be in touch soon to advise on the next step. If it is unlikely that you would be successful in an RPL, we will contact you to advise how normal enrolment works and if you would like more information, etc. Please complete your details below and then click the 'submit' button. Name Email Mobile Please enter some background information about yourself, eg experience, knowledge, goals, etc