BSBESB407 – Manage finances for new business ventures - Nationally Accredited

BSBESB407 – Manage Finances for New Business Ventures is a nationally recognised unit focused on managing business finances, interpreting financial information and improving financial decision-making.

Completed online and self-paced, this unit supports business owners to confidently monitor and manage the financial performance of their venture.

No prerequisites are required to enrol in or complete this
course.

• Basic Language, literacy and numeracy skills in English (LLN)
• Victorian Student Number (VSN) – Victoria only
• Unique Student Identifier (USI) – Australia wide
• Access to a functional pc or tablet device with video recording capabilities, internet access and Chrome internet browser.

Unique Student Identifier (USI) – Australia wide:

A USI is a reference number made up of numbers and letters. It creates a secure
online record of your nationally recognised training that you can access
anytime and anywhere, and it’s yours for life.

To receive a Statement of Attainment when completing your
course, you will need to give us a copy your USI number. Creating a USI is
free.

To obtain this USI if you don’t already have one please
follow the link below: http://www.usi.gov.au

• legislative and regulatory financial requirements that apply to new business venture described in performance evidence
• key purposes of financial reports
• components of financial budgets or projections, including cash flow estimates
• workplace procedures for
• forms, channels and modes of communication used in relation to managing business finances
• key features of business and industry benchmarking used to evaluate financial ratios
• key features of financial decision-making relevant to the business, including:
• components of client credit policies, including contingencies for debtors in default
• key features of significant financial indicators
• key features of balance sheet preparation and interpretation
• key features of debt collection procedures and strategies
• key features of profit and loss statement preparation and interpretation
• key features of stock records and stock control relevant to the business.

Online

Self paced, approximately 72 hours. 3 months course access online

Online Learning

Flexible, self-paced learning that allows you to study from anywhere, at any
time.

Select the payment option that best suits you during
checkout. We also offer flexible payment options through Zip Pay and Afterpay.

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options.

Our support staff are available to students and potential students who require support during office hours via email or phone.

Process your payment by completing the checkout process.
Once payment is received you will receive more information from our training team!

Please Note:

Our business hours are Monday to Friday, 9am – 5pm (AEST).

If you enrol or place an order outside of these hours, don’t worry — we’ve received it! You’ll receive your confirmation and next steps on the following business day.

Thank you for your patience