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Elective UnitCPP51122 Curriculum
BSBESB407/Manage finances for new business ventures
Unit Description
Covers financial management for new business ventures including budgeting, cash flow, financial planning, and financial risk assessment.
What You'll Learn
This unit covers the essential knowledge and skills required to demonstrate competency in manage finances for new business ventures. You will engage with practical scenarios and theoretical concepts that prepare you for real-world application in the Diploma of Property (Agency Management).
Assessment Requirements
To achieve competency in this unit, you must demonstrate:
Develop and manage financial plans for new business ventures including projections and risk assessment.
Assessment
Portfolio
Duration
4-6 Weeks
Level
Diploma
Study Tips
- 1Review the unit requirements early and create a study schedule
- 2Gather workplace examples that demonstrate your skills
- 3Stay in regular contact with your trainer for feedback
- 4Use the learner resources provided by your RTO