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Certificate IV in Entrepreneurship and New Business BSB40320
COURSE DESCRIPTION
Are you ready to turn your entrepreneurial idea into the next big thing? Our BSB40320 Certificate IV in Entrepreneurship and New Business is designed to equip you with all the practical skills you need to succeed.
With this certification, you’ll learn how to negotiate contracts, create business plans that attract investors, develop promotions, recruit team members, and manage finances. These essential skills will help you hit the ground running and confidently build your business.
The BSB40320 Certificate IV in Entrepreneurship and New Business is perfect for anyone looking to take their entrepreneurial journey to the next level. Whether you’re starting a new business or looking to expand an existing one, this qualification will provide you with the knowledge and skills you need to succeed.
Enrol now and learn from experienced instructors who will guide you every step of the way. Don’t miss out on the opportunity to turn your entrepreneurial dreams into a reality!
RPL - $1250
Study online - $2500
CERTIFICATION & OUTCOME
The Certificate IV in Entrepreneurship and New Business BSB40320 qualification can provide a number of career and further study outcomes.
After completing this course you could explore some of the following careers:
- Business Manager
- Business Owner
- Business Development Officer
Gain knowledge and experience in areas such as:
- Establishing risk management requirements
- Marketing for small business
- Undertaking small business planning
- Managing small business finances
Already have experience in New small business? Apply for RPL and gain your qualification sooner!
View the core and elective units that this qualification can be studied via online correspondence or via Recognition of Prior Learning (RPL).
Packaging Rules
Total number of units = 10
4 core units plus
6 elective units, of which:
- 2 elective units must be selected from Group A
- for the remaining 4 elective units:
- up to 3 units may be selected from Group A
- up to 4 units may be selected from Group B
- if not listed, up to 2 units may be selected from a Certificate III, Certificate IV or Diploma from this or any other currently endorsed Training Package qualification or accredited course.
Elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment and contribute to a valid, industry-supported vocational outcome.
Core units
BSBESB401 Research and develop business plans
BSBESB402 Establish legal and risk management requirements of new business ventures
BSBESB403 Plan finances for new business ventures
BSBESB404 Market new business ventures
Elective units
Group A – Entrepreneurship and New Business
BSBESB301 Investigate business opportunities
BSBESB302 Develop and present business proposals
BSBESB405 Manage compliance for small businesses
BSBESB406 Establish operational strategies and procedures for new business ventures
BSBESB407 Manage finances for new business ventures
Group B – Transferable Skills
BSBCRT411 Apply critical thinking to work practices
BSBCRT413 Collaborate in creative processes
BSBCRT512 Originate and develop concepts
BSBFIN401 Report on financial activity
BSBHRM415 Coordinate recruitment and onboarding
BSBHRM523 Coordinate the learning and development of teams and individuals
BSBINS401 Analyse and present research information
BSBINS410 Implement records systems for small business
BSBLDR412 Communicate effectively as a workplace leader
BSBLDR413 Lead effective workplace relationships
BSBLDR521 Lead the development of diverse workforces
BSBLEG421 Apply understanding of the Australian legal system
BSBMKG431 Assess marketing opportunities
BSBMKG434 Promote products and services
BSBOPS401 Coordinate business resources
BSBOPS404 Implement customer service strategies
BSBPEF401 Manage personal health and wellbeing
BSBPEF403 Lead personal development
BSBPMG430 Undertake project work
BSBPRC402 Negotiate contracts
BSBSTR401 Promote innovation in team environments
BSBSTR501 Establish innovative work environments
BSBSUS411 Implement and monitor environmentally sustainable work practices
BSBTEC403 Apply digital solutions to work processes
BSBTEC404 Use digital technologies to collaborate in a work environment
BSBTEC405 Review and maintain organisation’s digital presence
BSBTWK401 Build and maintain business relationships
BSBWHS411 Implement and monitor WHS policies, procedures and programs
BSBXBD403 Analyse big data
BSBXCM401 Apply communication strategies in the workplace
BSBXCS402 Promote workplace cyber security awareness and best practices
BSBXTW401 Lead and facilitate a team
FNSACC416 Set up and operate a computerised accounting system
PSPGEN028 Provide a quotation
SIRXECM003 Design an ecommerce site
SIRXMKT006 Develop a social media strategy
SIRXOSM005 Develop a basic website for customer engagement
This qualification reflects the role of individuals establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation.
These individuals use well-developed skills and a broad knowledge base to solve a range of unpredictable problems and analyse and evaluate information from a variety of sources. They may provide leadership and guidance to others and have responsibility for the output of others.
Find out more detailed information here.
3CIR is an authorised third party of Asset College (RTO #31718). We provide the following methods of study in line with their policies:
OPTION 1 – Study Online
Our standard online delivery option allows you to complete one unit per month for up to 12 months. During this time, you will have regular contact with a dedicated trainer to assist you with your studies. We recommend dedicating 20-25 hours per week to ensure you get the most out of your learning experience.
Our accelerated learning option may suit those with prior knowledge, skills or qualifications. This option allows you to complete two monthly units for up to six months. To succeed in this intensive program, we recommend dedicating 30-40 hours per week to your studies.
Upon successful enrolment, you will be granted access to our interactive and user-friendly eLearning platform. Each unit includes reading materials and a series of assessment activities that can be completed at your own pace and convenience. Start the enrolment process now to take the first step towards your educational goals with 3CIR.
OPTION 2 – Recognition of Prior Learning (RPL)
If you already have skills and experience relevant to this qualification, you may be eligible for RPL and receive your qualification with little or zero additional study. Contact us or complete an RPL Assessment Form to determine the right option. Watch our video here.
OPTION 3 – Study Online at our Facilities
You can complete the same course online at our training partner’s facilities using their resources and equipment at no extra cost. 3CIR and/or our training partner will have staff available to provide additional support if required. Note: Subject to availability, bookings are essential.
OPTION 4 – Study in Class
Although we do not generally offer courses in class, we can schedule a 5 or 10-day face-to-face workshop for groups of 5 or more students. Note that there may be additional work required following the workshop. Please contact us for more information on this option.
After completing this qualification, you can explore further study through the following courses:
Choose the way you pay
Whether you’re studying online or obtaining your qualification through RPL, we provide several convenient options:
- Direct Transfer
- Credit
- BPay
- PayID
- Paypal
Learn about your payment options or contact us today.
Break down the cost of your qualification through our easy payment plan options.
PAYRIGHT: Pays your qualification upfront and creates a manageable plan spread over your nominated timeframe with fortnightly or monthly payment options.
AFTERPAY: Pay your fee over 6 weeks. No interest and no fees when you pay on time. This payment method has a maximum limit amount of $2000. Please let us know if you want to pay with AfterPay, and we will send you a personal link.
Frequently asked questions
Why study Certificate IV in Entrepreneurship and New Business?
There are a few reasons why you might want to study Certificate IV in Entrepreneurship and New Business. Maybe you have a great business idea but don’t know how to get started. Maybe you’re already running your own business but want to formalise your knowledge and learn some best practices. Or maybe you’re just interested in entrepreneurship and want to increase your chances of success if you ever decide to start your own business.
What jobs can I get with a Certificate IV in Entrepreneurship and New Business?
Some examples include business consultants, small business owner, business development manager, marketing coordinator, and sales manager. There really aren’t any specific or definitive boundaries when it comes to what you can do with this certification; ultimately, it will open up a lot of opportunities and allow you to develop the skillset needed to be successful in whatever career path you choose to pursue.
What study options are available to me?
You can either enrol in online study or use your experience and obtain this degree through RPL. Online study is great for those who want to shift careers entirely or start new in the field, where RPL is for those who have experience but no qualifications. RPL is cheaper and quicker but you must have the right experience to use this path. Find out if you’re eligible with our free RPL assessment.
What support is provided for me to succeed?
3CIR wants you to study smarter, not harder! With trainers available to answer any of your questions, you’ll be supported throughout your learning journey.
