11–12Business Studies 11–12 Syllabus (2026)
The new Business Studies 11–12 Syllabus (2026) is to be implemented from 2028 and will replace the Business Studies Stage 6 Syllabus (2010).
2027
- Plan and prepare to teach the new syllabus
2028, Term 1
- Start teaching the new syllabus for Year 11
- Start implementing new Year 11 school-based assessment requirements
- Continue to teach the Business Studies Stage 6 Syllabus (2010) for Year 12
2028, Term 4
- Start teaching the new syllabus for Year 12
- Start implementing new Year 12 school-based assessment requirements
2029
- First HSC examination for the new syllabus
Content
Year 11
Benefits of starting a business
Financial risk and opportunity cost of starting a business
Sources of business ideas
Types of business models
Entrepreneurial innovation, including proposing and justifying new products and business ideas
Establishment options, including starting, purchasing and franchising
Legal structures, including sole trader, partnership, company and cooperative
Role of incorporation and limited liability
Registration of business name, Australian Business Number (ABN) and web domain
Purpose of certification as an Aboriginal and/or Torres Strait Islander business
Purpose of trade marks and patents
Permits, licences and industry regulations
Purpose of defining the target market
Features and interpretation of market research, including the role of market research, primary and secondary data, sample size and representative sampling
Use of competitor analysis to identify gaps in the market
Role of market validation and a minimum viable product
Branding, including brand development through the creation of a business name, logo and packaging
Promotion for small and medium enterprises (SMEs), including online presence and referral marketing
Price considerations, including costs, competition and the target market
Considerations when deciding on business location
Start-up costs, including facilities and initial inventory
Labour needs and costs, including the cost of pay, leave entitlements and superannuation
- Relationship between fixed costs, variable costs, contribution margin (), break-even point , profit and loss
Sources of finance, including personal savings, debt, equity, grants and alternative sources from innovations in financial technology
Role of non-government and government organisations in the development of Aboriginal businesses
Role of payment terms and invoicing
Role of insurance in managing financial risk
Tax obligations based on business size and legal structure, including goods and services tax (GST), council rates, income tax and company tax
Purpose of a business plan for guiding decisions, assessing viability and attracting finance
Key information in a business plan for a new business, including the business idea, registrations, target market, marketing, and resource and financial planning