BSB40320 Certificate IV in Entrepreneurship and New Business

Ignite Your Entrepreneurial Journey!

Our BSB40320 Certificate IV in Entrepreneurship and New Business is designed for individuals aspiring to establish or manage their own ventures. Whether you’re aiming to become a Small Business Owner, Franchisee, or Independent Contractor, this qualification provides the essential skills and knowledge to navigate the complexities of starting and running a successful business.

What You’ll Be Able to Do in the Workplace

Upon completion of this course, you’ll be equipped to:

• Plan Finances for New Business Ventures – Develop comprehensive financial plans to support business sustainability.
• Research and Develop Business Plans – Conduct market research and create strategic business plans tailored to your venture.
• Establish Legal and Risk Management Requirements – Identify and implement legal and risk management frameworks to protect your business interests.
• Build and Maintain Business Relationships – Cultivate strong professional networks to enhance business opportunities.
• Lead and Manage Effective Teams – Apply leadership skills to inspire and manage teams towards achieving business goals.
• Implement Marketing Strategies – Develop and execute marketing plans to promote your products or services effectively.
• Utilise Digital Technologies – Leverage digital tools to streamline operations and reach a broader audience.
• Ensure Compliance with Regulatory Requirements – Navigate and adhere to relevant laws and regulations affecting your business.

Flexible Learning, Tailored to Your Schedule

Our fully online, self-paced delivery allows you to start at any time and study at your convenience. With access to comprehensive eLearning materials and support from experienced trainers via phone or email, you’ll have all the resources needed to succeed.

Start Anytime, Study Anywhere

There’s no better time to invest in your future. Enrol today and embark on your journey towards a successful career in entrepreneurship and new business ventures!

Get Started Now!

Complete our enquiry form or call us at +61 1300 783 283 to take the first step towards realising your entrepreneurial ambitions!

BSB40320 Certificate IV in Entrepreneurship and New Business

Course Description

The BSB40320 Certificate IV in Entrepreneurship and New Business is designed for individuals who are looking to establish or operate their own business to provide employment for themselves or others, as well as those that want to establish a new venture within an existing 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.

Study Mode

Self-paced completed online in your own time, at your own pace.

This course is delivered using an asynchronous study methodology, utilising mainly online delivery (eLearning) of learning materials and assessment resources.

We provide our students ongoing support throughout the course duration via telephone, emails and/or virtual online meetings, on request.

Flexible Duration

Up to 12 months – Can be extended up to and no longer than 3 months depending on course progression.

Study Load

Self-Paced – Completion of one unit per month is recommended to ensure ongoing progression and completion within the course duration.

Start Date

Start anytime

Course Units

This qualification consists of 10 units (4 core units and 6 elective units).

Course Completion / Qualification Pathways

Students obtaining a ‘competent’ result for all units of competency will achieve the BSB40320 Certificate IV in Entrepreneurship and New Business.

A Statement of Attainment will be issued to students who complete less than the required units for the full qualification.

*Note: Australian College does not guarantee successful completion of the course nor guarantees a particular employment outcome on completion of the qualification.’

Graduates may choose to further their study through enrolment in one of the following qualifications:

• BSB40420 Certificate IV in Human Resource Management,
• BSB40820 Certificate IV in Marketing and Communication,
• BSB50120 Diploma of Business,
• BSB50420 Diploma of Leadership and Management
• BSB50820 Diploma of Project Management.

Career Opportunities

On completion of the course, graduates may aspire to work in the industry as a new business owner, Cafe or Restaurant Manager, Franchisee, Retail Manager, Retail Supervisor, Retail Team Leader, Small Business Owner, Store Manager, E-commerce Business Owner, Start-up Founder.

This course does not have mandatory entry requirements as outlined in the training package.

However, Australian College has certain admission criteria for this course. Prospective students must:

• be minimum 16 years of age or older at the time of enrolment. Parental consent is required from all students under the age of 18 years
• complete a language, literacy and numeracy test prior to enrolment
• depending on the unit, students may be required to interact with actual or simulated team members, clients and staff and maybe required to participate in audio/video-recorded role-plays with others.
• obtain their Unique Student Identifier (USI) and provide it to Australian College. Information on how to obtain a USI can be found here.
• agree to comply with Australian College policies and procedures as published on the website and outlined in the Student Handbook.
• pay all fees as outlined in the Enrolment Terms and Conditions.

Students must have access to and be able to operate:

• An internet-enabled PC/Laptop or similar running a current operating system (e.g. Windows 10 or Mac OSX)
• An audio/video recording device (such as a mobile phone) for the purpose of preparing audio/video assessment recordings
• Microsoft Office (or compatible software)
• Current web browser (e.g., Chrome)
• Adobe Acrobat Reader or another PDF document viewer
• Valid email address

Overseas Students Policy

This course is not available to students on an Overseas Student Visa.

As defined in the ESOS Act 2000, Overseas students are not eligible to apply to enrol in this nationally recognised course, nor are they eligible for certification. Please refer to the Enrolment Terms and Conditions.

This course is delivered using an asynchronous study methodology, utilising mainly online delivery (eLearning) of training materials supported with emails and phone calls with the trainer and assessor, on request.

Self-paced completed online in your own time, at your own pace. We provide our students ongoing support throughout the course duration via telephone, emails and/or virtual online meetings.

Assessments

To ensure we gather all types of evidence as required by the training package and unit requirements, various assessment methods are being used to assess the student’s competencies.

Following are assessment methods used for this qualification:

• Knowledge/Theory based assessment consisting of questions and answers
• Case Studies – includes analysis of case studies and answering questions
• Projects– depending on the unit, projects may have to be completed in a simulated environment.
• Practical activities and observations
• Third Party Reports
• Roleplays
• Portfolio Builder

Please note that practical demonstrations and roleplays will have to be video recorded and submitted via Australian College LMS for marking.

This qualification does not require mandatory work placement.

However, Australian College recommends students to have access to a real office work environment for them to practice and complete assessment tasks using specific software and equipment.

RPL and Credit Transfer is available for all students to consider. Students will be provided with information about RPL and Credit Transfer prior to enrolment. Australian College will recognise the AQF qualifications and statements of attainment issued by other RTO’s, upon verification with the issuing organisation.

For more information on RPL and Credit Transfer email us at [email protected] 

Course Fees – $4,000

PAYMENT OPTION 1 – $1,400 on enrolment, $1,400 on week 2, $1,200 on week 3
PAYMENT OPTION 2 – $450 deposit, then $80 weekly (for 50 weeks) = $4,450
PAYMENT OPTION 3 – Zip Money or customise your own payment plan