Small IT Business

Unit code: NIT3274 | Study level: Undergraduate
(Generally, 1 credit = 10 hours of classes and independent study.)
Footscray Park
Online Real Time
VU Brisbane
VU Sydney
NIT2171 - Introduction to ICT Management; or
NIT2271 - ICT Change Management
(Or equivalent to be determined by unit coordinator)


The unit will prepare students for starting and running a small IT business. It will enable students to research and develop a new IT business proposal. The students will role-play four forms of business ownership: sole proprietorship, partnership, corporation and trusts. The unit provides the opportunity for them to have a broad and coherent body of knowledge, including the types of IT-related businesses; business plan development; business functions: marketing, location, operations, staffing, accounting; government assistance; e-business; home-based business; taxation; borrowing; franchising; social, environmental and ethical considerations.

Learning Outcomes

On successful completion of this unit, students will be able to:

  1. Critically review the various forms of ownership of small businesses, including IT businesses;
  2. Evaluate various IT business opportunities;
  3. Compose a proposal for starting and running a business; and
  4. Tabulate sources of finance for starting and running the business.


For Melbourne campuses

Assessment type: Test
Grade: 40%
In class Tests (2) (20% each) Test 1: (Session 3): Open Book Conceptual Questions Test 2: (Session 10): Scenario Based Problem Solving Questions
Assessment type: Assignment
Grade: 60%
Part A: Business Proposal (30%) Part B: Implementation (30%)

Other locations

For students studying at National School of Business Management, Colombo
Assessment type: Test
Grade: 10%
Test (1 hour)
Assessment type: Report
Grade: 40%
Team Project: Business Website Development
Assessment type: Examination
Grade: 50%
Final Examination (3 hours)

Required reading

Reading materials will be provided on VU Collaborate.

As part of a course

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

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