Unit of competency Outline

Date retreived
22/07/2026 11:54 PM AWST

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Prepare for self-management in racing

Prepare for self-management in racing

Unit of competency
National Code
RGRPSH310
State Code
OAB52
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
05/07/2018
View on TGA
State Implementation and Classification
Approved Date
08/02/2019
Field of Education
080301 - Business Management
Original Release Date
08/02/2019
Nominal Hours
40
Description
This unit of competency describes the skills and knowledge required to determine current and future financial requirements, identify sources of professional assistance, develop strategies for self-promotion, and identify and apply principles of small business management.The unit applies to individuals who work in racing industry sectors and are preparing for self-management. They take responsibility for their own activities and work collaboratively with others under broad direction.Licensing, legislative, regulatory or certification requirements apply to this unit. Users are advised to check with the relevant Principal Racing Authority (PRA) for current requirements.
Notes
Elements and Performance Criteria
1. Apply business planning and financial management skills
  • 1.1 Identify and apply the principles of and requirements for financial recordkeeping and budgeting
  • 1.2 Identify and use sources of professional advice for investment, insurance, taxation and superannuation
  • 1.3 Research and use basic principles of small business management
2. Employ marketing techniques
  • 2.1 Identify and apply responsible and appropriate marketing opportunities within the industry
  • 2.2 Conduct marketing of self and organisation
  • 2.3 Apply business promotion and public relations principles
3. Investigate career options
  • 3.1 Explore training and qualifications available for both current role and future career options
  • 3.2 Investigate benefits and challenges of using rider or driver agents
No information
No information
Replaces
State Code National Code Title Type
S6938 RGRPSH310A Prepare for self-management in racing Unit of competency