Turn Your Idea Into a Viable Business
The Certificate IV in Entrepreneurship and New Business (BSB40320) is designed for aspiring business owners and innovators ready to turn their ideas into a viable enterprise. This qualification equips participants with the practical knowledge and skills to plan, launch, and manage a small business, while navigating the challenges of early-stage entrepreneurship.
Through a focus on real-world application, the course develops your ability to identify opportunities, manage risks, and implement effective business strategies, giving you the confidence and capability to establish a strong foundation for your new venture.
Course Delivery
Online
Course Duration
12 - 24 months
Course Outcome
Entry Requirements
No formal prerequisites
Recognition of Prior Learning (RPL) available
Course Fee
$2,490
Afterpay available
Certificate IV in Entrepreneurship and New Business - Course Information
The Certificate IV in Entrepreneurship and New Business (BSB40320) provides a practical pathway for individuals looking to start, manage, or grow a small business. This course is tailored for aspiring entrepreneurs who want to develop the skills needed to turn ideas into sustainable business ventures. It combines strategic planning with hands-on application, ensuring you gain both the knowledge and confidence to succeed in a competitive business environment.
You’ll learn to:
Identify and evaluate business opportunities for viability and growth
Develop and implement business plans that align with your goals
Manage finances, budgets, and resources effectively in a new business
Understand and comply with legal, regulatory, and ethical requirements
Apply marketing strategies to reach and retain customers
Manage risks and solve problems in a dynamic business environment
Build networks and collaborative relationships to support business growth
Monitor and improve business performance through effective planning and review
Course Delivery and Assessment
This course is delivered 100% online, combining interactive theory modules with short assessments to test your knowledge as you progress. You’ll also have a dedicated trainer/assessor available throughout the course to provide support whenever you need it.
The Certificate IV in Entrepreneurship and New Business is self-paced, so you can enrol at any time and study around work, family, or other commitments. While the average completion time is around 12 months, your actual duration depends on the time you dedicate and your existing skills.
Students receiving study benefits from Centrelink (education on supplement) will be obligated to complete the course in 28 weeks (full-time) or 56 weeks (part-time). Students who complete the course as part of a traineeship will have 12 months full-time or 2 years part-time.
What You’ll Study
The Certificate IV in Entrepreneurship and New Business is a nationally-recognised qualification under the Australian Qualifications Framework (AQF). On successful completion, you’ll receive a Statement of Attainment for the following 10 accredited units of competency, including four (4) core units (*).
Module One: Plan the New Business
BSBESB301 Investigate business opportunities
BSBESB403 Plan finances for new business ventures*
BSBESB401 Research and develop business plans*
Module Two: Start the Business
BSBESB407 Manage finances for new business ventures
BSBESB402 Establish legal and risk management requirements of small business*
Module Three: Promote the Business
BSBTEC403 Apply digital solutions to work processes
BSBESB404 Market new business ventures*
BSBMKG434 Promote products and services
Module Four: New Business Management
BSBHRM415 Coordinate recruitment and onboarding
BSBTWK401 Build and maintain business relationships
Career Pathways
Entrepreneur - individuals who create and run their own businesses. This may involve identifying a gap in the market and developing a new product or service, or taking an existing business model and making it their own.
Business Owner - responsible for managing their own businesses, which may include marketing, sales, accounting, and other aspects of business management.
Business Development Manager - responsible for identifying new business opportunities and developing strategies to grow a business. This may involve conducting market research, identifying potential clients, and developing sales strategies.
Entry Requirements
There are no formal entry requirements to enrol in this course; however, students should have:
basic computer skills and access to the internet
sufficient language, literacy and numeracy (LLN) skills to complete assessments, and;
A valid Unique Student Identifier (USI) - mandatory for all nationally recognised training. If you don't already have a USI, you can apply for one online at www.usi.gov.au or we can apply for one for you.
Support When You Need It
Throughout the duration of your course, you can access experienced industry professionals and support staff to guide you through the program. Our trainers are dedicated to helping you succeed and will be available to answer your questions and provide feedback on your progress. They will provide you with the guidance and support you need to fully understand the course material, as well as offer suggestions for further learning opportunities.
"I had a business idea but didn’t know where to start. The Certificate IV in Entrepreneurship and New Business guided me through every step, from planning and marketing to managing finances. The course was practical, easy to follow, and gave me the confidence to finally launch my own business. I feel ready to tackle the challenges of running a business with real skills, not just theory."
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Course FAQs
The Certificate IV in Entrepreneurship and New Business (BSB40320) course fee is $2,490 with Afterpay available.
Unfortunately, there is no funding available for this course. Please visit our funding page to explore our range of funding options and eligible courses by state.
The Certificate IV in Entrepreneurship and New Business (BSB40320) is an online course and can be completed at your own pace. It usually takes people 14 months to complete the course.
There are no formal entry requirements. However, students will need:
Basic computer skills and internet access (for enrolment and communication)
Sufficient language, literacy, and numeracy (LLN) skills to complete assessments
A valid Unique Student Identifier (USI). If you don’t have one, you can apply at usi.gov.au or we can assist.
Your SOA will be issued within 3-5 business days of successfully completing the course and receiving payment.
Our friendly support team is here to help. Contact us for course advice, enrolment support, or guidance during your training.
1300 248 457 or email info@civilsafety.edu.au
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