Legal and Risk Management Requirements of Small Business

BSBSMB401 Establish Legal and Risk Management Requirements of Small BusinessNRT

Course Overview | Outcomes and Recognition | Fees and Subsidies | Registration

Course Overview

This is an online course for all plumbers and contractors who wish to obtain a QBCC Trade Contractor Licence. Furthermore, this course is also one of the mandatory Certificate IV competencies required to obtain a Queensland Plumbing and Drainage Contractors Licence.

This course covers current legislation and best practice relating to the legal requirements required to identify and comply with all regulations affecting a business. Specifically, it covers the skills and knowledge required to identify and comply with the regulatory, legal, taxation and insurance requirements, and risk management needs of small business. 

This course is recommended for owners of existing micro and small businesses or those wishing to set up a new business or a department in a larger organisation.

** PLEASE NOTE:  A Webcam is required in order to participate in the course. 


There are no prerequisites for this course.

Unique Student Identifier

Student must also possess a valid USI.

From 1 January 2015 all learners undertaking Nationally Accredited Training must possess a valid Unique Student Identifier (USI). The USI is a specific number which allows learners to access their training records and results at any time. If learners do not possess a valid USI while undertaking accredited training they will be unable to receive a Statement of Attainment.

For more information about the USI, and to create your USI please click HERE or contact MPAQ on 07 3273 0800.

Course Delivery

This course is delivered online and is self-paced. Students will be given 3 months to complete the course.

Outcomes and Recognition

Course Outcomes

On successful completion of this course learners will be able to:

  • Identify and implement business legal requirements
  • Comply with legislation, codes and regulatory requirements
  • Negotiate and arrange contracts
  • Identify and treat business risks

Course Recognition 

On successful completion of this course learners will be issued with a Nationally Recognised Statement of Attainment.

Fees and Subsidies

Course Fees

Members: $480* (GST Free)

Associate Members: $522* (GST Free)

Non-members: $580* (GST Free)

* Course Subsidies may be available.

Course Subsidies

Construction Skills Queensland is an independent, not-for-profit, industry-funded body supporting employers, workers, apprentices, trainees and career seekers in the building and construction industry. Click here to view the eligibility requirements for this funding.

Below is a list of the short course unit codes and names and the maximum funding amount available to eligible participants:

Short Course Code Short Course Title Max. Amount Funded
per Participant
BSBSMB401 Establish Legal and Risk Management Requirements of Small Business $360.00

Additional Fees

Additional fees may apply for the process of applying for your contractor licence. These fees and charges will be incurred from the Queensland Building and Construction Commission (QBCC) and any issues with these fees should be raised directly with them.


NOTE: Please ensure you have all of your personal details, including your USI, with you prior to registering for the course to make your enrolment process as quick and easy as possible. Once your registration, payment and enrolment is complete you will be able to commence the training course immediately.

Register Now

The program used for this training program runs best on a non-Apple device.

If you require any assistance with the course please contact the MPAQ Training Department on 07 3273 0800 or email

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