RECOGNITION OF PRIOR LEARNING
$937.50
Prices Include 25% Discount for Military & Emergency Services
Are you a budding entrepreneur with big ideas? If so, our BSB40320 Certificate IV in Entrepreneurship and New Business is the perfect qualification to help turn your ideas into reality.
This certification provides practical skills for every step in your entrepreneurial journey, from concept to delivery. With a comprehensive curriculum covering all aspects of a new business, you’ll learn how to negotiate contracts, create a business plan, recruit your team, manage finances, and promote your product or service.
Enrolling in the BSB40320 Certificate IV in Entrepreneurship and New Business will give you the knowledge you need to hit the ground running and build a successful business. Don’t miss out on the opportunity to become the next great innovator. Enrol in this qualification today and take the first step towards achieving your entrepreneurial dreams!
CERTIFICATION & OUTCOME
The BSB40320 Certificate IV in Entrepreneurship and New Business qualification can provide a number of career and further study outcomes.
After completing this course you could explore some of the following careers:
Â
Gain knowledge and experience in areas such as:
Already have experience in Entrepreneurship? Apply for RPLÂ and gain your qualification sooner!
Total number of units = 10
4 core units plus
6 elective units, of which:
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.
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
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
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
As military and emergency services personnel consider transitioning to civilian roles or expanding their career pathways, the landscape of Australian entrepreneurship and small-to-medium enterprises (SMEs) offers compelling opportunities. The Certificate IV in Entrepreneurship and New Business provides essential skills and knowledge to thrive in this dynamic environment. Here’s a closer look at the industry landscape tailored for you.
Australia’s job market is on a positive trajectory, with employment projected to increase across all 19 broad industries and all 8 broad occupational groups through to November 2026. Notably, over 90% of new jobs are expected to require post-school education, emphasising the value of qualifications like the Certificate IV in Entrepreneurship and New Business. Particularly, industries such as professional, scientific and technical services, encompassing entrepreneurial ventures, are forecasted to be among the sectors leading employment growth​.
Small and medium-sized enterprises (SMEs) are the backbone of the Australian economy, comprising 99.8% of all businesses and employing around 66% of the private sector workforce. These enterprises have shown resilience and adaptability, especially during economic challenges like the COVID-19 pandemic. With historically low-interest rates for business loans and a significant portion of the economy’s employment and innovation coming from this sector, there’s a solid foundation for launching and growing new businesses​.
For those transitioning from military or emergency services, the entrepreneurial path offers a unique opportunity to leverage the skills and disciplines acquired during service. The Certificate IV in Entrepreneurship and New Business equips you to negotiate contracts, create business plans, manage finances, and market products or services—skills directly applicable in running a business or spearheading innovative projects within larger organisations.
The Australian Government has strongly supported SMEs through policies promoting growth, investment, and private enterprise. Innovations in finance, such as crowd-sourced equity funding and competitive business loans, alongside assistance programs, are designed to enhance the operational environment for new and existing businesses. This ecosystem of support creates a fertile ground for veterans and service personnel looking to start or grow their businesses in Australia.
Embarking on a journey in entrepreneurship and new business can be a rewarding next step for military and emergency service personnel. The Certificate IV in Entrepreneurship and New Business prepares you for this dynamic field and positions you to take full advantage of the growth, innovation, and opportunities within Australia’s vibrant SME sector. As the employment landscape evolves, your skills and experiences can drive success in the civilian world, contributing to the nation’s economic prosperity and career fulfilment.
Embrace the challenge and opportunity—equip yourself with the knowledge and skills to lead in the new business frontier.
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.
Â
Welcome to 3CIR, your bridge to quality education. To ensure a seamless learning experience with us, we must understand and meet the technical requirements for our courses. The guidelines below provide the necessary information for setting up your device for optimal learning.
Essentials for Your Learning Journey
A contemporary computer system could be a PC, Mac, or tablet.
An inbuilt or external speaker and microphone for auditory activities.
An active internet connection is vital to access course materials, tutorials, and online resources. Please take a look at our detailed technical specs to know more about browser compatibility.
 Microsoft Office suite, including Word and PowerPoint. Alternatively, Mac or tablet users can utilize equivalent software.
For those relying on tablet applications, ‘Pages’ or similar apps can be used to create documents. However, please make sure you convert them to PDF format before submission.
Detailed Device Specifications
For Windows Users (PC / Laptop / Tablet):
Operating System: Windows 7 or newer.
Browser: Updated version of Google Chrome.
Essential Software: Microsoft Office (Version 2010 or higher)
The most recent versions of Adobe Flash Player & Adobe PDF Reader.
For Apple Mac Users:
Operating System: Mac OS X 10.6 or above.
Browser: The latest version of Chrome or Safari.
Essential Software: Microsoft Office tailored for Mac (Version 2010 or higher).
The most recent versions of Adobe Flash Player & Adobe PDF Reader.
For Android Device Users:
Operating System: Android’s newest version.
Browser: Updated version of Google Chrome.
For iPhone & iPad Users:
Operating System: Latest iOS version.
Browser: Updated version of Google Chrome.
Special Note: If you’re an iPad or iPhone user, you’ll need to use a PC, laptop, or Dropbox account to upload documents for submission.
Thank you for ensuring your system meets our technical requirements. This guarantees a smoother educational experience and ensures that you can make the most of the tools and resources 3CIR has to offer. Happy learning!
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:
To learn about your payment options, contact us today.
DVA Funding
If you’re currently discharged from service or are undertaking rehabilitation, you may be eligible for educational funding through DVA. Find out more.
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.
3CIR: Pioneering education solutions since 2016. We specialise in RPL for military and emergency services, and we help you translate your skills into recognised qualifications. Our expert-led courses and tailored corporate training programs empower your career advancement. Trust 3CIR for flexible, comprehensive support and a brighter future. Veteran owned, veteran operated.
Contact US
STAY UP TO DATE