UNIT

BSBESB403Plan finances for new business ventures

Release 1Current

Modification History

Release

Comments

Release 1

This version first released with BSB Business Services Training Package Version 7.0.

Links

Companion Volume Implementation Guide is found on VETNet - https://vetnet.education.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

Application

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.

Unit Sector

Business Competence – Entrepreneurship and Small Business

Unit Mapping Information

Supersedes and is equivalent to BSBSMB402 Plan small business finances.

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