Our Courses

Certificate IV in Entrepreneurship and New Business BSB40320

Clothing store computer

Whether you’re launching your first venture or refining an existing idea, this qualification equips you with the real-world skills and confidence, to build and manage a successful small business.

Students will develop practical capabilities across business planning, financial management, marketing strategy, risk and compliance and continuous improvement — the core foundations every entrepreneur needs.

Designed for action-takers, this course moves beyond theory and focuses on applied learning through realistic business scenarios, tools and templates you can immediately use in your own venture.

Delivered 100% online and self-paced, the Certificate IV in Entrepreneurship and New Business gives you the structure, confidence and commercial awareness to turn ambition into a sustainable business.

What's Included

• A nationally recognised BSB40320 Certificate IV in Entrepreneurship and New Business

• 24/7 access to your online Student Learning Portal

• Practical learning activities, business case studies, templates, tools and resources

• Development of a business plan, financial plan, marketing strategy and risk controls

• Assessment through quizzes, written activities, practical business tasks and role-plays—no formal exams

• Weekly online drop-in and mentoring sessions with an industry specialist

• Support from qualified and experienced trainers and assessors

• Access to the NBIA student community

• Ongoing assistance from our Student Support team

• A Pre-Training Review to align the course with your experience and business goals

• Flexible online commencement without waiting for a traditional classroom intake

Business Outcomes and Further Study

Depending on your experience, industry and business goals, outcomes may include:

• Small Business Owner

• Sole Trader

• Entrepreneur or Start-up Founder

• Franchise Owner or Operator

• Business Development Coordinator

• Small Business Operations Coordinator

• Sales and Marketing Coordinator

• Project Coordinator

• Business Support Officer

This qualification does not guarantee business success, employment or eligibility for a particular occupation. Some industries may require additional licences, registrations, qualifications or professional advice.

Further Study Pathways

After completing the BSB40320 Certificate IV in Entrepreneurship and New Business, graduates may choose to continue their studies in areas such as:

• business

• leadership and management

• marketing and communication

• project management

accounting or bookkeeping

• human resources

• digital business

Entry requirements and credit transfers vary between qualifications. Students should review the relevant course requirements before enrolling in further study.

Course Duration and Study Flexibility

Flexible Online Study—With Support When You Need It

The BSB40320 Certificate IV in Entrepreneurship and New Business is designed to be completed within 12 months.

Your individual completion time will depend on your existing knowledge, the time you can commit each week and how consistently you progress through the learning and assessment activities.

Study Online, Around Your Commitments

• Access your online Learning Portal 24 hours a day, 7 days a week

• Work through the course at a pace that suits your schedule

• Study from home, work or anywhere with internet access

• No compulsory classroom attendance

• Access learning resources, practical templates and assessment activities online

• Receive support from NBIA’s student support and training team throughout your course

The course is flexible, but it is not unsupported. Regular study and steady assessment progress are recommended to help you complete within your enrolment period.

Start Building Your Business Online

You can commence online once your enrolment and course induction have been completed.

Entry Requirements

Entry Requirements

There are no formal prerequisite qualifications required to enrol in the BSB40320 Certificate IV in Entrepreneurship and New Business.

It is recommended that students have completed one of the following:

• a Certificate II or Certificate III level qualification

• Year 12 or an equivalent level of education

• relevant workplace, business or industry experience

Pre-Training Review

Before commencing the course, students will complete a Pre-Training Review and Digital Literacy Self-Assessment.

This process helps NBIA:

• understand your previous education, skills and experience

• confirm that the course is suitable for your goals

• identify any opportunities for recognition of prior learning or credit transfer

• determine whether additional learning or digital support may be required

Students may also be required to complete a Language, Literacy and Numeracy (LLN) assessment. The results are used to identify appropriate support and do not automatically prevent a student from enrolling.

Technology Requirements

As this course is delivered online, students will need:

• a desktop or laptop computer

• reliable internet access

• a current email address

• an up-to-date internet browser

• word-processing and spreadsheet software, such as Microsoft Word and Excel

• software to open and save PDF documents

• a webcam, microphone and speakers or headphones for online sessions

Students should be able to download, edit, save and upload documents, participate in online meetings and use the NBIA Online Learning Portal.

A smartphone or tablet may be useful; however, completing assessments on a desktop or laptop is recommended.

More Information

Download the course brochure. It contains a breakdown of the course and modules, what is included in the course and more

Course Fees and Payment Options

Start with Module 1 — $560

Begin with the first module before deciding whether to continue with the complete qualification.

Module 1 includes online learning resources, practical activities, assessment and support from the NBIA team.

Full Course Fee — $2,500

The full course fee covers all learning and assessment requirements for the BSB40320 Certificate IV in Entrepreneurship and New Business.

Monthly payment plans are available, subject to the applicable payment plan terms and conditions.

Contact our Course Advisors to discuss the payment option that best suits you.

Frequently Asked Questions

Do I need to already have a business idea?

No. You can develop and test an idea during the course or apply the activities to an existing business.

Is this course suitable for an existing business owner?

Yes. The course can help you review your business plan, finances, marketing, risks, systems and future growth.

Why complete a qualification when business information is available for free?

Free resources provide information. This course provides structure, practical assessment, professional feedback and a nationally recognised qualification while you develop your own business plans and resources.

Can I use AI during the course?

AI may be used for permitted learning and research activities. You must critically review its output, reference its use where required and submit work that demonstrates your own knowledge and skills.

What will I create during the course?

You will work on practical documents such as a business plan, startup budget, cash-flow forecast, marketing strategy, risk register and implementation plan.

Is this course only for start-ups?

No. It is suitable for new business ideas, side hustles, sole traders, family businesses and existing small businesses seeking stronger systems and planning.

Will the course tell me whether my idea will succeed?

No course can guarantee business success. You will learn how to research, test and evaluate your idea so you can make better-informed decisions.

Do I need accounting or finance experience?

No. You will be guided through practical financial activities, including startup costs, pricing, budgets and cash-flow planning.

Are there exams?

There are no formal exams. Assessment may include quizzes, written responses, practical business activities, projects and role-plays.

Can I study around work and family commitments?

Yes. The course is delivered online with 24/7 portal access. Regular weekly study is recommended to maintain progress.

Will I receive trainer support?

Yes. Students have access to qualified trainers and assessors, weekly online support opportunities and the NBIA Student Support team.

Can I start with the first module?

Yes. You can begin with Module 1 for $560 before deciding whether to continue with the full qualification.

Is this qualification required to start a business?

No. It is not legally required to establish most businesses. It provides structured, nationally recognised training in planning, finance, marketing, compliance, risk and business operations.

Does completing the course guarantee funding, customers or income?

No. Completion does not guarantee business funding, profitability, customers or employment. It helps you build the knowledge, plans and tools needed to make informed business decisions.

NBIA: creating job-ready graduates.

For professional training to be truly useful, it must deliver beyond the classroom.

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Course Outcomes

Throughout the course, you will apply the learning to your own business idea, an existing business or a realistic simulated venture.

By the end of this course, you will be able to:

• test and refine a business idea using customer, market and competitor research

• use digital tools to organise information, collaborate and support business operations

• develop a practical business plan for a new or existing business

• define your target customer, value proposition and business model

• identify startup costs, required resources and operational needs

• prepare budgets, pricing estimates and cash-flow forecasts

• understand key legal, compliance and record-keeping responsibilities

• identify business risks and develop practical controls

• create a marketing and customer-acquisition plan

• establish systems and processes to support day-to-day operations

• develop a clear action plan for launching, improving or growing the business

    This course is designed around practical business outputs—not theory alone. Throughout the program, you will develop a portfolio of plans, tools and resources for your own business idea, an existing business or a realistic simulated venture.

    Your Business Launch Portfolio may include:

    A tested business concept
    Define your customer, clarify the problem you solve and assess the market opportunity.

    A practical business plan
    Bring together your goals, business model, market research, resources and strategy.

    A financial roadmap
    Prepare startup-cost estimates, pricing calculations, budgets and a 12-month cash-flow forecast.

    A compliance and risk plan
    Identify key registrations, legal responsibilities, business risks and practical controls.

    A marketing and customer plan
    Develop your value proposition, target-market profile and strategy for attracting customers.

    A launch and implementation plan
    Set out the systems, processes and priority actions needed to launch, improve or grow the business.

    Module 1
    Discovering Business Opportunities & Planning for Success

    BSBESB401Research and develop business plans
    BSBTEC404Use digital technologies to collaborate in a work environment

    Module 2
    Setting up your business Legally, Safely and Professionally

    BSBESB402Establish legal & risk mgmt requirements of new business
    BSBTWK401Build and maintain business relationships
    BSBESB405Manage compliance for small businesses

    Module 3
    Finance Fundamentals and Managing Business Money

    BSBESB403Plan finances for new business ventures
    BSBESB407Manage finances for new business ventures

    Module 4
    Marketing, Branding and Implementing Your Business Plan

    BSBESB404Market new business ventures
    BSBMKG434Promote products and services
    BSBPMG430Undertake project work

    Explore career pathways or speak with a course advisor to discuss your options.

    Thanks to the Team at NBIA for their support during my course. I am more confident to progress in my industry with the new skills and mentoring I have received.
    Benjamin O - NBIA student