BSBOPS601 - Develop and implement business plans

TAFE Victoria logo
Unit code: BSBOPS601 | Study level: TAFE
Footscray Nicholson


This unit describes the skills and knowledge required to lead a business operation that covers the steps required to develop and implement business plans.The unit applies to individuals who are running an organisation or who take a senior role in determining the effective functioning and success of the organisation. These individuals may oversee the work of a number of teams and other managers.


For Melbourne campuses

Assessment tasks will be designed to reinforce & extend knowledge and skill competence within set & controlled parameters in accordance with each unit’s learning outcomes & performance criteria requirements, incl the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines.

Students will be expected to demonstrate the following required skills:
*develop and implement at least one business plan.

In the course of the above, the candidate must:
*analyse and research business vision, mission, values, objectives, goals, competitors, financial targets, management arrangements and marketing approaches
*write a business plan, including:

  • description of the business
  • products and services
  • financial, physical and human resource requirements
  • regulatory requirements
  • marketing strategy
  • financial indicators
  • productivity and performance targets for key result areas
    *monitor and respond to business performance including evaluation of performance against key results indicators
    *consult, communicate with and report to relevant stakeholders
    *provide analysis of the strengths and weaknesses of a business plan.

Students will also be expected to demonstrate the following knowledge:
*organisational and legislative frameworks required for the development of business plans, including:

  • pre-existing strategic, business and operational plans
  • business vision, mission, values and objectives
  • permits or licences that may be required for new activity
    *processes for developing and monitoring business plans
    *customer needs and budgeting information
    *performance objectives and measures, including key results indicators
    *stakeholders involved in the development of business plans.

Required reading

The qualified trainer and assessor will provide teaching and learning materials as required in the form of workbooks produced by the Polytechnic and/or via the Polytechnic e-learning system.

As part of a course

This unit is studied as part of the following course(s):

Search for units, majors & minors