These training and assessment materials are aligned to BSBSMB405 Monitor and manage small business operations [Australia]. It covers what is required to operate a small business and to implement a business plan. The strategies involve monitoring, managing and reviewing operational procedures.
This unit describes the skills and knowledge required to implement a business plan and modify operations as required. It applies to individuals who operate a small business which stands alone, or is part of a department within a larger organisation. Individuals in this role use problem-solving skills and take responsibility for developing approaches to manage business operations.