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FINANCIAL management

N

Determine resource requirements

N

Plan small business finances

N

Manage small business finances

N

Conduct cost-benefit analyses.

Overview

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This skill set, Small Business Financial Management (BSBSS00050), is for small business practitioners who are managing finances for a small business. It may relate to people who are establishing or operating a micro business providing for self-employment. These units of competency meet the industry requirements for conducting business via contracted activity. Units in this skill set may provide credit towards BSB30315 Certificate III in Micro Business Operations and BSB42615 Certificate IV in New Small Business.

i

Determine Resource Requirements

BSBSMB304 – Determine resource requirements for the micro business

Plan Small Business Finances

BSBSMB402 – Plan small business finances

b

Manage Small Business Finances

BSBSMB421 – Manage small business finances

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