Unit of competency Outline

Date retreived
22/07/2026 4:30 AM AWST

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Develop and implement family business structures and relationships

Develop and implement family business structures and relationships

Unit of competency
National Code
AHCBUS512
State Code
OBK32
TGA Status
Current
DTWD Status
Approved
Current Release Number
2.00
Current Release Date
24/12/2020
View on TGA
State Implementation and Classification
Approved Date
28/01/2020
Field of Education
080321 - Farm Management And Agribusiness
Original Release Date
28/01/2020
Nominal Hours
65
Description
This unit of competency describes the skills and knowledge required to develop and implement business structures and relationships for a family based primary production business.This unit applies to individuals who participate in the establishment of a family based primary production business and communicate the roles and responsibilities of family members within that business. They take responsibility for their own work and provide and communicate solutions to a range of predictable and sometimes unpredictable problems.All work must be carried out to comply with organisational requirements, work health and safety legislation and codes, sustainability practices and in consultation with the management team.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Identify and establish an appropriate rural family business structure
  • 1.1 Establish the goals for the business and the goals of the individual family stakeholders
  • 1.2 Identify options for the business structure which best fit the business and family stakeholder goals
  • 1.3 Assess legal and taxation implications of each option
  • 1.4 Assess the advantages and disadvantages of each option for this business
  • 1.5 Establish an appropriate business organisational structure in consultation with members of the business unit
  • 1.6 Establish administrative procedures to ensure full compliance within the chosen structure.
  • 1.7 Prepare a succession plan for the business
2. Identify and establish the roles and responsibilities within the business unit
  • 2.1 Identify and discuss roles and responsibilities family stakeholders within the business
  • 2.2 Allocate individual roles and responsibilities to members of the business unit
  • 2.3 Assess roles and responsibilities of family members in accordance with succession and estate planning requirements
  • 2.4 Prepare, update and store wills
3. Develop and implement conflict and stress management strategies
  • 3.1 Identify potential causes of conflict and stress within a rural family business environment.
  • 3.2 Develop appropriate interpersonal skills to facilitate and promote positive relations within the business
  • 3.3 Identify and access relevant rural support networks and organisations
  • 3.4 Develop conflict and stress management strategies in consultation with family and other employees
  • 3.5 Implement strategies to minimise conflict and stress within the family and the workplace
  • 3.6 Review conflict and stress management strategies regularly
4. Implement business structure and review performance
  • 4.1 Review goals for the business and the goals of the individual family stakeholders.
  • 4.2 Review succession plan
  • 4.3 Adjust business structures and relationships on the basis of the reviews
No information
No information
Replaces
State Code National Code Title Type
BAO49 AHCBUS509 Develop and implement business structures and relationships Unit of competency