Describe taxation, financial, and insurance responsibilities for small business owner-operators

Produce self-assessments of suitability for managing small business enterprise opportunities

Research small business opportunities

Assess small business ownership options and business structures

Analyse environmental factors external to an organisation that may impact on a business and an individual's work role

Demonstrate knowledge of the impact of environmental factors on business strategy and operations

Monitor environmental factors to anticipate change and/or impacts on a business operation

Explain and apply principles and practices for innovation, entrepreneurship, and intrapreneurship

Manage the development of small business ventures

Conduct an environmental analysis for an organisation

Investigate and evaluate small business franchising options

Develop strategies to foster innovation and entrepreneurship for small business enterprises

Identify and assess business development opportunities for a small business enterprise

Develop initiatives for innovation management