Unit of competency Outline
Date retreived
22/07/2026 6:26 PM AWST
22/07/2026 6:26 PM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Manage a practice
Manage a practice
Unit of competency
National Code
HLTCOM503D
HLTCOM503D
State Code
WD085
WD085
TGA Status
Replaced
Replaced
DTWD Status
Deleted
Deleted
State Implementation and Classification
Approved Date
08/08/2014
Field of Education
080301 - Business Management
Original Release Date
08/08/2014
Nominal Hours
30
Description
DescriptorThis unit of competency describes the skills and knowledge required to manage a clinical health practice according to the size and scale of the business
Notes
Elements and Performance Criteria
1. Establish the practice
- 1.1 Prepare a business plan
- 1.2 Establish policies and procedures
- 1.3 Ensure required resources are available
- 1.4 Comply with statutory and regulatory requirements
2. Implement financial management procedures
- 2.1 Manage the finances of the business
- 2.2 Establish systems for financial documentation
- 2.3 Record information for financial reports
3. Implement practice management strategies
- 3.1 Implement operational strategies
- 3.2 Implement marketing strategies
- 3.3 Plan and manage meetings
- 3.4 Monitor stock levels and supplies
4. Implement personnel management strategies
- 4.1 Implement support strategies to support staff
- 4.2 Develop human resource strategies
- 4.3 Manage payroll and employee records if necessary
- 4.4 Manage diversity appropriately
RANGE STATEMENT
The Range Statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Business plan may include information on:
Budget forecasts
Business goals and objectives
Legal structure
Management strategies
Marketing strategies
Required resources
Specialist services to be provided or recruited
Staffing requirements
Statutory and regulatory compliance
Strategies to make the organisation child safe and child friendly
The comprehensiveness and extent of detailed documentation required in the business plan will depend on a range of factors which may include:
Different stages in the development of a business
Level of risk involved including the provision of services to clients under 18 years of age on a one to one basis
Market focus of the business
Need to raise finance and requirements of lenders
Proposed size and scale of the business
In accordance with requirements for the scale of the operation policies and procedures may include:
Child protection requirements including background checks
Child safe, child friendly policy including code of conduct, managing complaints
Communication procedures
Documentation procedures
Emergency procedures
Financial procedures
Human resources policies
Policy and procedure guidelines developed and/or provided by industry associations
Security procedures
Stock control procedures
Treatment protocols
Required resources may include:
Administrative equipment and materials
Communications equipment
Marketing materials
Physical location
Practice/medical equipment
Staff
Statutory and regulatory requirements may include local, state and national legislation and regulations affecting business operations such as:
Anti-competition/monopoly and consumer-based legislation
Anti-Discrimination Act
Business registration
Codes of practice standards
Equal Employment Opportunities Act
Fire, WHS and environmental legislation
Planning and other permissions
Relevant state and territory child protection legislation
Taxation, copyright and trademark regulations
Therapeutic Goods Act
Manage the finances of the business includes monitoring and making decisions on:
Assets
Current financial state of the clinic (or owner/operator)
Financial inputs required (sources and forms of finance)
Financial performance to date (if applicable)
Likely return on investment
Projections of likely financial results (budgeting)
Risks and measures to manage or minimise risks
Financial documentation may include:
NB These will vary in complexity according to the scale of the business and the level of support employed from accountants and financial consultants
Asset registers
Banking documentation
Costing procedures
Credit transactions
Creditors and debtors systems
Draft financial forecasts/budgets
Payroll records
Petty cash
Stock records
Financial reports may include:
NB These will vary in complexity according to the scale of the business and the level of support employed from accountants and financial consultants
Budget reports
Cash flow forecasts
Detailed ledger accounts
Profit and loss statements
Reconciliations
Taxation documentation
Operational strategies may include:
Daily operation procedures
Environmental strategies
Management and administrative systems and procedures
Marketing approaches, which may include advertising a child friendly environment
Office systems
Staffing procedures
Marketing strategies may include:
Advertising
Development of marketing/promotional materials, including child friendly literature
Pricing strategies
Promotional and public relations activities
Publicity and media relations
Stock may include:
Information materials provided to clients
Materials and equipment required to prepare and dispense medicines
Materials and equipment used in the treatment of clients
Medicinal preparations provided to clients Stationery and administrative supplies
Other promotional materials
Support strategies may include:
Catering to personal limitations
Collegial support group or network
Defining boundaries
Gaining adequate supervision
Maintaining discussions with colleagues
Personal or professional support
Setting, reviewing and adjusting goals
Human resource strategies may include:
NB These will vary in detail according to number of personnel involved either as practitioner partners or employees
Implementation of statutory requirements
Performance management strategies
Personnel documentation
Planning and facilitation of meetings
Recruitment targets, policies and procedures
Support networks
Time and stress management
Training and assessment
Workplace communications
Work health and safety (WHS)
Employee records may include:
Employee records (including tax file number, remuneration, leave and training records, records of disciplinary action, time and wages sheets)
Job/position descriptions
WHS records
Prohibited persons declaration when working with people under 18
Records of taxation and superannuation payments made
Relevant awards and/or industrial agreements.
Manage diversity involves:
Valuing and utilising the different skills, backgrounds and capabilities of self and staff and developing strategies to encourage and enable their effective integration into the business. Diversity may include for example:
Competencies
Culture
Education
Gender
Language
Network of contact
Work history
Work preference
The Range Statement relates to the unit of competency as a whole. It allows for different work environments and situations that may affect performance. Add any essential operating conditions that may be present with training and assessment depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts.
Business plan may include information on:
Budget forecasts
Business goals and objectives
Legal structure
Management strategies
Marketing strategies
Required resources
Specialist services to be provided or recruited
Staffing requirements
Statutory and regulatory compliance
Strategies to make the organisation child safe and child friendly
The comprehensiveness and extent of detailed documentation required in the business plan will depend on a range of factors which may include:
Different stages in the development of a business
Level of risk involved including the provision of services to clients under 18 years of age on a one to one basis
Market focus of the business
Need to raise finance and requirements of lenders
Proposed size and scale of the business
In accordance with requirements for the scale of the operation policies and procedures may include:
Child protection requirements including background checks
Child safe, child friendly policy including code of conduct, managing complaints
Communication procedures
Documentation procedures
Emergency procedures
Financial procedures
Human resources policies
Policy and procedure guidelines developed and/or provided by industry associations
Security procedures
Stock control procedures
Treatment protocols
Required resources may include:
Administrative equipment and materials
Communications equipment
Marketing materials
Physical location
Practice/medical equipment
Staff
Statutory and regulatory requirements may include local, state and national legislation and regulations affecting business operations such as:
Anti-competition/monopoly and consumer-based legislation
Anti-Discrimination Act
Business registration
Codes of practice standards
Equal Employment Opportunities Act
Fire, WHS and environmental legislation
Planning and other permissions
Relevant state and territory child protection legislation
Taxation, copyright and trademark regulations
Therapeutic Goods Act
Manage the finances of the business includes monitoring and making decisions on:
Assets
Current financial state of the clinic (or owner/operator)
Financial inputs required (sources and forms of finance)
Financial performance to date (if applicable)
Likely return on investment
Projections of likely financial results (budgeting)
Risks and measures to manage or minimise risks
Financial documentation may include:
NB These will vary in complexity according to the scale of the business and the level of support employed from accountants and financial consultants
Asset registers
Banking documentation
Costing procedures
Credit transactions
Creditors and debtors systems
Draft financial forecasts/budgets
Payroll records
Petty cash
Stock records
Financial reports may include:
NB These will vary in complexity according to the scale of the business and the level of support employed from accountants and financial consultants
Budget reports
Cash flow forecasts
Detailed ledger accounts
Profit and loss statements
Reconciliations
Taxation documentation
Operational strategies may include:
Daily operation procedures
Environmental strategies
Management and administrative systems and procedures
Marketing approaches, which may include advertising a child friendly environment
Office systems
Staffing procedures
Marketing strategies may include:
Advertising
Development of marketing/promotional materials, including child friendly literature
Pricing strategies
Promotional and public relations activities
Publicity and media relations
Stock may include:
Information materials provided to clients
Materials and equipment required to prepare and dispense medicines
Materials and equipment used in the treatment of clients
Medicinal preparations provided to clients Stationery and administrative supplies
Other promotional materials
Support strategies may include:
Catering to personal limitations
Collegial support group or network
Defining boundaries
Gaining adequate supervision
Maintaining discussions with colleagues
Personal or professional support
Setting, reviewing and adjusting goals
Human resource strategies may include:
NB These will vary in detail according to number of personnel involved either as practitioner partners or employees
Implementation of statutory requirements
Performance management strategies
Personnel documentation
Planning and facilitation of meetings
Recruitment targets, policies and procedures
Support networks
Time and stress management
Training and assessment
Workplace communications
Work health and safety (WHS)
Employee records may include:
Employee records (including tax file number, remuneration, leave and training records, records of disciplinary action, time and wages sheets)
Job/position descriptions
WHS records
Prohibited persons declaration when working with people under 18
Records of taxation and superannuation payments made
Relevant awards and/or industrial agreements.
Manage diversity involves:
Valuing and utilising the different skills, backgrounds and capabilities of self and staff and developing strategies to encourage and enable their effective integration into the business. Diversity may include for example:
Competencies
Culture
Education
Gender
Language
Network of contact
Work history
Work preference
EVIDENCE GUIDE
The evidence guide provides advice on assessment and must be read in conjunction with the Performance Criteria, Required Skills and Knowledge, the Range Statement and the Assessment Guidelines for this Training Package.
Critical aspects for assessment and evidence required to demonstrate this competency unit:
Observation of performance in the workplace or a simulated workplace is essential for assessment of this unit
Assessment may contain both theoretical and practical components and examples covering a range of practice environments
The individual being assessed must provide evidence of specified essential knowledge as well as skills
Consistency of performance should be demonstrated over the required range of situations relevant to the workplace
Where, for reasons of safety, space, or access to equipment and resources, assessment takes place away from the workplace, the assessment environment should represent workplace conditions as closely as possible
Assessment of sole practitioners must consider their unique workplace context, including:
interaction with others in the broader professional community as part of the sole practitioner's workplace
scope of practice as detailed in the qualification
Context of and specific resources for assessment:
Assessment should replicate workplace conditions as far as possible
Method of assessment
Observation in the work place (if possible)
Written assignments/projects or questioning should be used to assess knowledge
Case study and scenario as a basis for discussion of issues and strategies to contribute to best practice
Access and equity considerations:
All workers in the health industry should be aware of access and equity issues in relation to their own area of work
All workers should develop their ability to work in a culturally diverse environment
In recognition of particular health issues facing Aboriginal and Torres Strait Islander communities, workers should be aware of cultural, historical and current issues impacting on health of Aboriginal and Torres Strait Islander people
Assessors and trainers must take into account relevant access and equity issues, in particular relating to factors impacting on health of Aboriginal and/or Torres Strait Islander clients and communities
The evidence guide provides advice on assessment and must be read in conjunction with the Performance Criteria, Required Skills and Knowledge, the Range Statement and the Assessment Guidelines for this Training Package.
Critical aspects for assessment and evidence required to demonstrate this competency unit:
Observation of performance in the workplace or a simulated workplace is essential for assessment of this unit
Assessment may contain both theoretical and practical components and examples covering a range of practice environments
The individual being assessed must provide evidence of specified essential knowledge as well as skills
Consistency of performance should be demonstrated over the required range of situations relevant to the workplace
Where, for reasons of safety, space, or access to equipment and resources, assessment takes place away from the workplace, the assessment environment should represent workplace conditions as closely as possible
Assessment of sole practitioners must consider their unique workplace context, including:
interaction with others in the broader professional community as part of the sole practitioner's workplace
scope of practice as detailed in the qualification
Context of and specific resources for assessment:
Assessment should replicate workplace conditions as far as possible
Method of assessment
Observation in the work place (if possible)
Written assignments/projects or questioning should be used to assess knowledge
Case study and scenario as a basis for discussion of issues and strategies to contribute to best practice
Access and equity considerations:
All workers in the health industry should be aware of access and equity issues in relation to their own area of work
All workers should develop their ability to work in a culturally diverse environment
In recognition of particular health issues facing Aboriginal and Torres Strait Islander communities, workers should be aware of cultural, historical and current issues impacting on health of Aboriginal and Torres Strait Islander people
Assessors and trainers must take into account relevant access and equity issues, in particular relating to factors impacting on health of Aboriginal and/or Torres Strait Islander clients and communities
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| D5827 | HLTCOM503C | Manage a practice | Unit of competency |