Develop a Micro Business Proposal
Online course | Dedicated trainer support | Nationally accredited
Creating a business proposal is a smart first step towards establishing a viable small or micro business. A business proposal is effectively a blueprint or road map for your new business idea. It can also help you answer some critical questions before investing a substantial amount of money in launching the business, such as – is there a market for your product or idea, will you be able to source finance, do you have the all the skills to keep the business running, and what risks will you need to manage?
If you’re considering starting a small business this course will help you define, describe and pitch your business idea to key stakeholders.
This course is registered for Centrelink student payments. Please contact the Department of Human Services to check your eligibility for assistance.
This course is structured in three modules:
- How to research and analyse the viability of a small business concept
- Describe and summarise the small business opportunity for presentation to key stakeholders
- Identify the stakeholders required to support the establishment and launch of the small business opportunity
This course is designed to assist budding small business operators to evaluate the viability of their idea and consider a range of critical inputs including digital technology, risk mitigation, and the personal skills and attributes required for success.
Evaluate business opportunities
- Identify and research key factors influencing viability of business ideas
- Analyse business ideas in terms of personal or family needs and commitments
- Evaluate impacts of emerging or changing technology, including e-commerce, on the opportunity
- Determine viability of business opportunity in line with perceived risks, available resources, financial returns and other outcomes sought
- Assess and match personal skills and attributes against those required for a particular business opportunity
- Identify and assess business risks according to resources available and personal preferences
Detail the business idea
- Develop an accurate description of the business idea for key stakeholders
- Develop an accurate summary of the major products or services required to suit personal needs and requirements
Prepare the business overview to suit different stakeholders
- Present an accurate list of key stakeholders and their information requirements
- Determine an acceptable method of presentation of information for each stakeholder
- Provide accurate customised information to target audiences
There are no formal educational entry requirements for this course.
To support a successful learning experience student will require:
1. Minimum technology requirements including access to a device (desktop/mobile/tablet), reliable internet connection and use of a personal email account.
2. Access to a current or previous workplace to support the completion of work-based assessment and observation. Students who do not have access to a work environment will be supported with an alternative scenario.
Course delivery and support
This course is delivered online via MiTraining’s Learning Management System (LMS). When you enrol you’ll be asked to setup your LMS student account and will then be granted immediate access to the course materials including:
- Course content and reading materials
- Activities and assessments
- Discussion forums
- Supplementary learning materials
MiTraining trainers and assessors are qualified to deliver vocational education and training courses and hold current industry knowledge and expertise. A requirement for all trainers is that they can demonstrate vocational competency – that means they must have the particular skills and knowledge relevant to the course they are delivering.
All accredited courses include assessment. To gain a Statement of Attainment you must attempt and be deemed “competent” in each assessment item.
Your trainer will work with you to ensure you understand what is required in each assessment item. The assessments may take the form of questions, written projects, case studies, workplace scenarios or observation.
Each assessment method provides a different type of evidence. Taken together, the complete assessment provides a holistic view of your ability to perform competently and confidently in the workplace to the level set down in the Competency Standards.
Although undertaking the assessment is not compulsory, we highly recommend students complete and submit assessments to support and reinforce their knowledge and skills.
This course requires approximately a 56 hour study commitment made up of reading and digesting course content, self-directed reading and study, undertaking assessment items and workplace based collaboration.
You may complete the course more quickly depending on your level of prior experience (work and education). You will be provided with six months’ continuous access to the course on the LMS.
This course includes the unit of competency:
- BSBSMB302 Develop a micro business proposal
Students who choose to complete the course assessment may gain credit towards the nationally recognised Certificate III in Micro Business Operations offered by MiTraining.
What does the course cost?
The course fee is $184. For more information see the Course Details and Course Inclusions box on this course page.
Do I have to do the assessment?
Assessment is optional but highly recommended. To receive a Statement of Attainment you must complete the assessment and be deemed competent.
Who is the course accredited with?
The course incorporates the single unit of competency BSBSMB302 Develop a micro business proposal from the Australian Business Services Training Package. This unit of competency is a core unit within MiTraining’s Certificate III in Micro Business Operations. Vocational education and training packages are regulated by the Australian Skills Quality Authority (ASQA).
What kind of support do I get?
You will be assigned a dedicated, qualified trainer to support you through the course and assessments.
What's a micro business?
The terms micro business and small business are often used interchangeably. According to the Office of the Chief Economist, micro businesses represent around 25% of all businesses in Australia. A small business is defined as one with an annual turnover of less than $2 million (excluding GST) and employing fewer than 15 people.
Micro businesses also fall into this turnover category but will usually only employ between one (being the owner/operator) and four people.
Examples of micro business operators include freelance consultants, web and creative designers, personal trainers, small café or retail owners, individuals in private practice or those using a skill to provide personal services such as hair dressing or a trade.
Training options for teams
MiTraining Corporate offers highly practical and industry relevant training to small, medium and large organisations seeking to develop staff. Organisations can choose from nationally recognised qualifications, accredited short courses or professional development workshops to focus on a specific skill set.
To request a quote for delivery of training to groups of staff please call 1300 549 190 or enquire here.
Other recommended courses
Not sure if you’re ready to take the leap and start your own small business venture? Check out our blog article (4 minute read), How do you know when it’s time to become your own boss?