BSB40320
Certificate IV in Entrepreneurship and New Business
Certificate IV in Entrepreneurship and New Business
BSB40320
Turn your dreams of running a successful small business into reality with a Skills Recognition Certificate IV in Entrepreneurship and New Business (BSB40320). You will learn everything you need to know to start your own business or work in a business development role for a company, including the ins and outs of business planning, market research, team management and day-to-day running of a new business.
After completion, you’ll have gained the know-how and confidence necessary to launch your own enterprise or apply for business development roles. If you already have a business or work in business development, this course will help you develop the skills needed to take your career to the next level.
If you’re looking for entrepreneurship courses online, Certificate IV in Entrepreneurship and New Business is the best place to start your journey.
Fast-Track Your Certificate IV in Entrepreneurship and New Business with RPL
Use your skills and knowledge to fast-track your Certificate IV in Entrepreneurship and New Business. Skills Recognition International is a 100% Certified Registered Training Organisation (RTO) authorised to translate your prior learning and experience into subject credits – so you can fast-track your auditing qualification. You’ll only study (and pay for) the course content you need.
Take Your Business To The Next Level with Certificate IV in Entrepreneurship and New Business
Successfully planning, launching, and running a business starts with an idea, but in a crowded and competitive marketplace, even the best innovators must refine their business skills in order to be successful. Ideal for small business owners and franchise owners, this comprehensive certificate gives you the competitive edge whether you’re at the development stage of a business venture or looking to take an existing business to the next level. And with an online entrepreneurship course, you can study around existing work obligations.
The course will hone your business acumen, building on your existing experience and developing essential skills in a range of areas including product marketing, risk management, data analysis, finance planning, customer service strategies, recruitment and team management, leadership and more.
Study Options
RPL
Online
Face-to-face
Career opportunities
- Small Business Owner
- Franchise Owner
RPL
- Recognition of Prior Learning available upon request
Prerequisites
- Nil
Location
- Online Delivery
Course length
- 12 months full-time
Study mode
- Online & Blended Delivery
Assessment
- Assessments, Exams, Zoom Sessions and Case Studies
Start date
- Your course can commence as soon as you enrol
Price
- The course price varies depending on a few factors. Citizenship, prior study, credit transfers and RPL will all affect the overall price. To find out more, email or call Skills Recognition International for a no obligation free quote.
Qualification Description
The Certificate IV in Entrepreneurship and New Business will help you develop the practical skills and business insight to make sound decisions about new enterprise development. It will hone your creative thinking skills so that you can innovate freely. In addition, the course will provide you with the essential knowledge for running a successful business.
You will learn how to analyse potential business opportunities, assessing the strengths, weaknesses, opportunities, and threats associated with the venture. In addition, you will learn the ins and outs of refining your product or service, marketing it to potential customers, dealing with pitfalls and bouncing back from setbacks.
The course will hone your communication skills, helping you learn the skills required to present yourself as a leader in business and share ideas and knowledge with your team.
You will emerge as a well-rounded business graduate with the skills you need to launch a successful enterprise or take the next step on the career ladder.

Course Structure
There are 10 units in this qualification:
4 Core
6 Electives
- 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 (2 units from this group)
- 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
- 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

Support and Delivery
01.
Study Anywhere, Any Time
- Interactive activities to help cement new knowledge.
- Multi-media formats to help you learn the way you learn best.
- Full support from “real humans” when you need it.
02.
Develop Your Peer Network
- Build a network of peers for future opportunities.
- Choose your level of social interaction with your peers.
- Ask questions in a judgement-free, supportive environment.
03.
Learn From The Best
- Graduate with confidence that your knowledge is current and actionable.
- Learn ‘hands on’ skills that make you invaluable in your workplace.
- Go beyond the theory and get real world examples to cement your learning.
04.
Industry Connections
- Access a dedicated team of career advisors and make the right career move.
- Get the right advice and connections for your specific needs.
- Get insight into, or connection with government agencies, funding bodies, migration assistance or university pathways.
- Tap our network of professionals working in the industry right now.
05.
All-inclusive Fees, No Hidden Costs
- Learning materials and textbooks.
- Recognition of Prior Learning assessment and application.
- Microsoft Suite access (no new platforms to learn, no fees to pay).
- Access to all online course materials.
- 1-on-1 support from a trainer and assessor.
- Forum and instant messenger support.
- Dedicated student support officers to ensure your time studying is enjoyable and simple.









