small business

Satisfactory Essays
Assessor
Result
Date

CERTIFICATE IV
SMALL BUSINESS MANAGEMENT
BSB40407

Assessment 1

Management and Legal
(To be used for NEIS online training)

Clustered units

BSBSMB401A
Establish Legal and risk management requirements of a small business

BSBSMB404A
Undertake small business planning

STUDENT’S FULL NAME: Student Instructions
Complete Part A & B of this assessment.
Part A – Insert your full name, date submitted and online username and password.
Part B - Answer each question by typing in your answer where indicated.
On completion - email this assessment to your coach as an attachment.

Part A - ASSESSMENT COVER SHEET

Student’s Name:

Course Code/Name:
BSB40407 Certificate IV Small Business Management

Units of Competency:
BSBSMB401A
Establish legal and risk management requirements of a small business
BSBSMB404A
Undertake small business planning

Element of Competency:
BSBSMB401A – 01, 02, 03

BSBSMB404A – 01, 02, 03

Awarded Grade
Assessment Description:
Part A & Part B

C Competent
NYC Not Yet Competent
Online Assessment
R.T.O
MISSION AUSTRALIA
11 Cleveland Street
STONES CORNER, Queensland 4120
Due Date:
Eight weeks after course start date.
Date Submitted:

Assessor Comments:
This assessment was a re-sit.

NYC Procedure (Where an NYC appears in the Awarded Grade box, the following is to be followed) Student to arrange extra tuition on ______/_____/_________ at _____________.
Re-sit assessment required by _______/________/__________.
Additional work required.
Other:
Business Coach/Trainer’s Name

Signature:

Date:
Assessor’s Name:

Signature:

Date:

By inserting your online username below as your signature, you as the student, agree to the assessment process, comments and grade given. If you have received an NYC, your signature below indicates that you agree with the NYC Procedure as outlined above. Also you

You May Also Find These Documents Helpful

  • Powerful Essays

    Small Business

    • 1926 Words
    • 8 Pages

    A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business. The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee. This is different from the sale of an independent business, in which there is no continued relationship required by the seller. Makeup of a business opportunity…

    • 1926 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Small Business

    • 253 Words
    • 2 Pages

    A small business is a business that is privately owned and operated, with a small number of employees and relatively small number of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships. The definition of the term “small business” can vary from country to country. For e.g. In the U.S. the Small Business Administration generally specifies a small business as having fewer than 500 employees for manufacturing businesses and less than $7 million in…

    • 253 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Small Business

    • 1230 Words
    • 5 Pages

    Small Business 2 In accessing the Equal Employment Opportunity Office (EEOC) website, I found it very hard to find a clear and concise reason as to why small businesses were treated differently than the larger businesses and why the law would differentiate between them. These smaller organizations are sometimes treated differently by the EEOC because they lack the resources that most large companies possess. Most small businesses can't afford to hire the best qualified people that…

    • 1230 Words
    • 5 Pages
    Best Essays
  • Better Essays

    Small Business

    • 1679 Words
    • 7 Pages

    Small businesses have been considered the mainstay in countries around the world. In many European countries for example, the small business has been considered crucial to the success and flourishment of the country in general. Most individuals start upon a small business venture in the hopes of realizing ownership, independent profits and personal success. Small businesses can prove extremely successful when planned properly. Studies suggest that several small businesses, however, close or fail…

    • 1679 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Small Business

    • 3396 Words
    • 14 Pages

    benefits of owning a small business?? Surveys show that owners of small businesses believe they work harder, earn more money, and are happier than if they worked for a large company. Before launching any business venture, every potential entrepreneur should consider the benefits of owning a small business. * Opportunity to gain control over your own destiny: Entrepreneurs cite controlling their own destinies as one of the benefits of owning their own businesses. Owning a business provides entrepreneurs…

    • 3396 Words
    • 14 Pages
    Better Essays
  • Powerful Essays

    Small Business

    • 2023 Words
    • 7 Pages

    Chapter Seven Aida Moua Small Businesses and Entrepreneurship: Economic Rocket Fuel Review Questions 1. Review the benefits an entrepreneur might seek in starting a new business. Which benefits are most appealing to you? Why? Some benefits that are most appealing to me is having greater financial success, independence, flexibility, and challenge because with all of them combined, it’s beneficial to me and can help me gain more money easier. 2. Do you recognize any of the entrepreneurial personality…

    • 2023 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Small Business

    • 6548 Words
    • 27 Pages

    ASA University Review, Vol. 5 No. 1, January–June, 2011 Small and Medium Enterprises Development in Bangladesh: Problems and Prospects A.K.M. Helal uz Zaman* Md. Jahirul Islam** Abstract Small and medium sized enterprises (SMEs) are playing increasingly important role as engines of economic growth in many countries including ours. SMEs provide low cost employment opportunities and render flexibility to the economy. Many of the SMEs are engaged in export activities suggesting that they are…

    • 6548 Words
    • 27 Pages
    Powerful Essays
  • Powerful Essays

    Small Business

    • 3931 Words
    • 17 Pages

    Small Business Management March 24 – May 17 2014 Course Description The elements necessary to establish and operate a small business are examined in light of internal and external environmental requirements. Prerequisite: MGMT 330 Proctored Exams: None Instructor Information Dr. Jay Griesser, DBA, Business and Computer Science, Nova Southeastern University Email: jwgriesser@cougars.ccis.edu Textbooks Hatten, Timothy S., Small Business Management: Entrepreneurship and…

    • 3931 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    small business

    • 3377 Words
    • 14 Pages

    service. When we search about the location for our coffee shop we identify three locations Manama or Jidali or in Mall but we select the Jidali road because Manama not have enough barking and the mall the rent will be high. In our idea we start our business after six month because we are studying now and we should be have lot of time to focus in work. The idea is creative and new in the market we don't have coffee make same sandwich and draw customer. We have some goals we need apply it in the future:…

    • 3377 Words
    • 14 Pages
    Powerful Essays
  • Better Essays

    Small Business

    • 7385 Words
    • 30 Pages

    Task 1 ( Criteria 1.1 1.2 1.3 ) 1.1 Select a small business enterprise which is a private firm or a published-listed company based in Singapore, china or other countries. You are required to access to the following information and describe and present the business profile of the selected company, based on the following items A brief history of the business Based in the PRC, China Animal Healthcare Ltd. is principally engaged in the business of manufacturing, sale and distribution of animal…

    • 7385 Words
    • 30 Pages
    Better Essays