BUSINESS STUDIES FOUNDATION
An Introduction to Business Environments
Laws and regulations
- Introduction to the types and range of laws and regulations that impact on business, e.g. business registration, business taxation, employees, work, health and safety, consumer law and intellectual property.
Business decision making
- Implications for owner/managers
Legal requirements for establishing small to medium enterprises (SMEs)
- ABN
- Business name Registration for tax file number
Business decision making
- Implications of legal requirements for owner/managers.
Unit 5: Operating a Small Business - Accounting and Finance (30 hours)
Social, environmental and ethical factors
- Taxation responsibilities, non-disclosure of information, cash handling and security
Business decision making
- Implications for owner/managers.