Establish Legal and Risk management Requirements of New business Ventures

Establish Legal and Risk management Requirements of New business Ventures

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10+

Hours of learning

Self-paced

Format

10

Number of lessons

10

Hours

Self-paced

Format

10

Lessons

About course

In this course, you will learn the essential skills and knowledge required to identify and manage the legal and risk management aspects of a business or new venture. This unit is designed for individuals establishing a business or starting a new venture within a larger organization. You will explore key elements such as legal compliance, contract negotiation, and risk mitigation strategies. The course will guide you through the processes of documenting business goals, ensuring compliance with legislative and regulatory requirements, and creating contracts that align with business objectives. By the end of the course, you will be equipped to effectively manage legal obligations, minimize business risks, and develop robust strategies to support the successful operation of your business.

Chapters

Identify Legal and Risk Management Requirements Relating to BusinessChapter-1
  • Identify legal structure of business using reliable sources
  • Identify legislative and regulatory requirements applicable to identified legal structure
  • Analyse identified requirements and their relationship to business and workplace practices and processes
  • Develop and implement procedures to ensure compliance with relevant legislative and regulatory requirements
  • Develop and implement processes and procedures for storing and maintaining legal documents and business records
  • Establish systems to identify areas of non-compliance and take corrective action where necessary
  • Assess products and/or services to determine procurement rights and ensure protection of business interests
  • Negotiate and secure contractual procurement rights for goods and/or services as required and according to business plan and workplace procedures
  • Complete any contractual arrangements according to workplace procedures and business plan
  • Seek legal advice if required to confirm contractual rights and obligations
  • Analyse business activities and identify applicable risk management requirements
  • Assess probability and impact of identified internal and external risks to business
  • Develop a plan to prioritise and treat risks
  • Implement procedures to mitigate risks according to risk treatment plan

Earn a career certificate

Add this credential to your LinkedIn profile, resume or CV. Share it on social media and in your performance review.
In this course, you will learn the essential skills and knowledge required to identify and manage the legal and risk management aspects of a business or new venture. This unit is designed for individuals establishing a business or starting a new venture within a larger organization. You will explore key elements such as legal compliance, contract negotiation, and risk mitigation strategies. The course will guide you through the processes of documenting business goals, ensuring compliance with legislative and regulatory requirements, and creating contracts that align with business objectives. By the end of the course, you will be equipped to effectively manage legal obligations, minimize business risks, and develop robust strategies to support the successful operation of your business.

Earn a career certificate

Add this credential to your LinkedIn profile, resume or CV. Share it on social media and in your performance review.
Identify Legal and Risk Management Requirements Relating to BusinessChapter-1
  • Identify legal structure of business using reliable sources
  • Identify legislative and regulatory requirements applicable to identified legal structure
  • Analyse identified requirements and their relationship to business and workplace practices and processes
  • Develop and implement procedures to ensure compliance with relevant legislative and regulatory requirements
  • Develop and implement processes and procedures for storing and maintaining legal documents and business records
  • Establish systems to identify areas of non-compliance and take corrective action where necessary
  • Assess products and/or services to determine procurement rights and ensure protection of business interests
  • Negotiate and secure contractual procurement rights for goods and/or services as required and according to business plan and workplace procedures
  • Complete any contractual arrangements according to workplace procedures and business plan
  • Seek legal advice if required to confirm contractual rights and obligations
  • Analyse business activities and identify applicable risk management requirements
  • Assess probability and impact of identified internal and external risks to business
  • Develop a plan to prioritise and treat risks
  • Implement procedures to mitigate risks according to risk treatment plan

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Choose Your Plan

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Set up your learner profile with just a few details.

Confirm Your Email

Check your inbox to verify your email and activate your account.

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Dive into your course and begin learning immediately.

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