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Establish legal and risk management requirements of small business BSBSMB401
Price
Now Only $199.00 (one off payment)
Duration
3 months - You are able to complete the course sooner if you choose as we work at your pace.
Mode of Delivery - Online Self Paced
This mode of delivery is suitable for people who are not able to attend training face to face due to commitments relating to work or personal life, geographical restrictions, or preferred method of learning, and is self-paced.
About this Unit of Competency
- BSBSMB401 - Establish legal and risk management requirements of small business, is specifically designed to complement your trade knowledge with business knowledge.
- You will learn how to establish the legal requirements, and risk management practices, that apply to your business and industry. This Nationally Recognised Unit of Competency is accepted as evidence by QBCC in regards to the business knowledge requirements to be a licensed subcontractor.
- This unit describes the skills and knowledge required to identify and comply with all regulations affecting a business.
- It applies to individuals operating a small business who use analytical skills to interpret legislation, and regulations and develop procedures to manage compliance.
- This online course is ideal for people who are applying for an electrical contractor’s licence from the Electrical Safety Office (ESO), or are required to become a Qualified Business Person (QBP).
- You will be guided through the following subjects by your learning resources and with the support of your dedicated trainer.
- Outline business registration and licensing requirements
- Identify all government legislative requirements relating to the specific business operation
- Explain creation and termination of relevant legal contracts
- Summarise relevant cultural differences and legal implications
- Describe legal rights and obligations of alternative ownership structures
- Outline necessary record keeping to meet minimum legal and taxation requirements
- Summarise relevant consumer legislation and industry codes of practice
- Outline the key steps in the risk management process
- Explain relevant insurance requirements and products
Entry Requirements
- Nil
Licensing/Regulatory Information
There are no prerequisite requirements for this individual unit of competency.
Amount of Training
- Includes:
- Online learning, independent research, and assessments to be completed self-paced - You are provided access to all the required resources you need to successfully complete your Nationally Recognised Qualification.
- AALI Trainer/Assessor - For the duration of your course you are assigned an experience and qualified AALI Trainer/Assessor for training support. 12 months - You are able to complete the course sooner if you choose as we work at your pace.
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