Unit of competency Outline

Date retreived
22/07/2026 9:47 PM AWST

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Establish a franchise operation

Establish a franchise operation

Unit of competency
National Code
BSBFRA501
State Code
AUK19
TGA Status
Replaced
DTWD Status
Replaced
Current Release Number
1.00
Current Release Date
25/03/2015
View on TGA
State Implementation and Classification
Approved Date
15/09/2015
Field of Education
080301 - Business Management
Original Release Date
15/09/2015
Nominal Hours
50
Description
This unit describes the skills and knowledge required to establish a franchising operation from an existing business, chain of businesses or planned concept.It applies to individuals with a well-established, sound theoretical knowledge base in franchising who are proficient in using a range of specialised technical and managerial techniques to plan and establish a franchise operation.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1 Research feasibility of establishing a franchise operation
  • 1.1 Undertake research into franchising models
  • 1.2 Analyse existing business or planned concept to determine opportunity for expansion into franchise operation, seeking assistance as required
  • 1.3 Undertake market research on product or service
  • 1.4 Complete business plan for franchise operation
  • 1.5 Complete marketing plan for franchise operation
  • 1.6 Determine financial viability of proposed franchise operation
2 Plan for establishment of a franchise operation
  • 2.1 Secure financial backing for franchise operation
  • 2.2 Complete documentation of franchising operation according to legislative and regulatory requirements
  • 2.3 Define and document the roles and responsibilities of franchisor and franchisees
  • 2.4 Develop and document policies and procedures for franchisees and franchisors
  • 2.5 Determine and document resources required to commence franchise operation
  • 2.6 Develop and document recruitment, support and monitoring processes for franchise operation
3 Implement plan for establishment of a franchise operation
  • 3.1 Undertake marketing of franchise operation
  • 3.2 Identify franchisees and formalise agreements
  • 3.3 Assist franchisees in developing a business and marketing plan
  • 3.4 Obtain resources to implement franchise operation
  • 3.5 Support and coordinate franchise operation
  • 3.6 Monitor franchise operation in accordance with agreement
4 Review implementation process
  • 4.1 Develop and implement a process to review the start-up of a franchise operation
  • 4.2 Evaluate practices used in start-up to identify improvements
  • 4.3 Implement identified improvements to all documented policies, procedures and practices
No information
No information
Replaces
State Code National Code Title Type
D0723 BSBFRA501B Establish a franchise operation Unit of competency
Replaced By
State Code National Code Title Type
OCE80 BSBESB406 Establish operational strategies and procedures for new business ventures Unit of competency
State Code National Code Title Type
AVT2 BSB50515 Diploma of Franchising Qualification