Planning New Business Opportunities Skillset

About the course

Thinking of opening your own home-based business? When your job is at stake, what else would you do but running your own business – be it small or big? Sometimes it’s even better to work for yourself rather than for someone else. This qualification reflects the role of skilled independent small business owners or who wants to establish new businesses who apply a broad range of competencies in varied contexts, using some discretion and judgement and relevant theoretical knowledge. You will learn the essential aspects of running a small business – from business planning to marketing, from selling your products to keeping track of cash flow, while complying with the relevant legislation.
h1. Pre-requisites

Whilst there are no prerequisites for this course, it is expected that you have adequate language, literacy and numeracy skills and computer skills to be able to interact with peers, trainers and completing assessments using a computer in the classroom.

Selection of units of competency

BSBESB301 Investigate business opportunities
BSBESB302 Develop and present business proposals
BSBESB303 Organise finances for new business ventures
BSBESB305 Address compliance requirements for new business ventures
BSBITU306 Design and produce business documents
BSBWRT301 Write simple documents

Assessment strategies

Assessments will be conducted in both summative and formative manner to ensure the candidate can perform in accordance with the standard detailed in the relevant Training Business Services Package. Assessment strategies include knowledge questions, Role Play, projects, case study analysis, Observations etc.

Delivery strategy

This qualification will be delivered in a classroom environment by a qualified industry skilled trainer at Western Sydney Skills Hub at North Parramatta. Address – 410 Church St, Level 3, Suite 34, North Parramatta, NSW 2151. Please note that classes may not be available when you are reading this course description, but the college still encourages the potential candidates to register their interest by joining the waiting list (available at the bottom of this page). In class delivery includes:

  • Classroom delivery by experienced and industry skilled trainer
  • Simulated in class experience
  • Activities performed in the class
  • Role play as required in a given unit of competency
  • Audio/Video presentation to introduce learners with real life scenarios
  • Self-paced trainer led activities to reinforce, extend and reflect on what has been learnt in the class

This qualification may not have any classes during the school holiday, but you will be advised if such is the case. Depending on your current knowledge and skills, 10 to 15 hours of home study per week is recommended to complete reading the learner guides, doing research if required and complete the activities.

What if I find that the course is not suitable for me?

Once you have commenced your study, you cannot cancel your enrolment. Therefore, we strongly advise you to read the course information, especially who will benefit from this course, the units of competency covered and delivery and assessment strategies. Our enrolment and refund policies are available in our Student Handbook. You can access the Student Handbook by visiting our website or you can contact us on 02 96872072 or email to for a copy of the Student Handbook.

How much work is involved in completing the course?

Please note assessments for this course involve significant work both during and after the sessions. You will have maximum of two attempts to submit your assessments. If you are considered Not Yet Competent after the second submission with significant gaps prevailing in your submissions, you may be asked to re-enrol into the course.

Recognition of Prior Learning (RPL)

If you believe you already have skills and experience relevant to the competencies of this course, please let the trainer know for a recognition. Please note that applying for RPL may not automatically result in the issuing of the skill set. In case of any gaps found, you will be advised of those gaps and asked to provide further evidence against your RPL claim. If you are still considered Not Yet Competent (NYC), you may be offered a tutorial for those gaps, which will incur further cost.

Final outcome

Upon successful completion of the units listed above, you will be awarded with BSB30220 Certificate III in Entrepreneurship and New Business.

The units of competency will provide credit towards the with BSB30220 Certificate III in Entrepreneurship and New Business.

Have more questions to ask?

Please feel free to contact our friendly enrolment officers on 02 9687 2072 to discuss more about the course or send an email to

Assessments are made against units of competency from the Certificate III in Entrepreneurship and New Business BSB30220.
  • Address compliance requirements for new business ventures (BSBESB305)
  • Organise finances for new business ventures (BSBESB303)
  • Design and produce business documents (BSBITU306)
  • Investigate business opportunities (BSBESB301)
  • Develop and present business proposals (BSBESB302)
  • Write simple documents (BSBWRT301)

This course has no current classes. Please the waiting list.