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Certificate IV in Entrepreneurship and New Business BSB40320

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Whether you’re launching your first venture or refining an existing idea, this qualification equips you with the real-world skills 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 qualification

24/7 online access to the Student Portal

E-learning reading, case studies, templates, tools and resources included.

Practical and written assessments - no exams

Access to weekly help sessions with an assessor

Qualified and experienced trainers and assessors

Student Facebook Page

Internship opportunities

Helpful Student Support and Course Advisor team

Pre-training Review and career goal alignment

Immediate start - no need to wait for an intake date!

Career Opportunities and Pathways

Small business owner

Franchise business owner

Small business operations manager

Sales and Marketing coordinator in a small business

Risk and compliance coordinator in a small business

Analyst in a small business

Pathways

After successfully achieving the BSB40320 Certificate IV in Entrepreneurship and New Business, graduates can undertake a Diploma in a specialist area such as marketing, management or human resources, for example. Each qualification will have it's own pre-requisites, so make sure you refer to these first.

Course Duration

12 months.
Online and Self-Paced.
Our courses are flexible to work around the busines lifestyles of students. Study at a time that is convenienet for you and where ever you want.
No formal classes or classrooms to attend.
Start online - today.

Entry Requirements

There are no pre-requisite entry requirements for this course.

It is recommended that students hold a Certificate II or III qualification or a year 12 certificate (or equivalent).

Students enrolling into our courses will complete a pre-training review and digital literacy self-assessment, and may be required to complete a language, literacy and numeracy (LLN) review.

More Information

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

Registration and Fees

Module 1 - Discovering Business Opportunities & Planning for Success

Turn your business idea into a clear, practical plan.

In this module, you’ll research real market opportunities, test the viability of your concept, and develop a structured business plan that sets you up for success. You’ll also build essential digital collaboration skills — learning how to use modern tools to communicate, plan and operate effectively in today’s business environment.

Outcome:

A validated business idea, a professional business plan, and the digital skills to bring it to life.

Two units of competency:

*BSBESB401 Research and develop business plans

*BSBTEC404 Use digital technologies to collaborate in a work environment

    Module 1 Fee: $625

    COMING SOON!! Enrol from 26 Feb 2026!

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    Units of Competency

    There are 10 units of competency to complete the full Certificate IV in Entrepreneurship and New Business.

    Course Outcomes

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

    · research and develop a practical business plan

    · identify and assess business opportunities

    · set up your business legally and manage compliance requirements

    · identify and manage business risks

    · plan and manage finances, cashflow and budgets

    · market and promote products or services effectively

    · use digital tools to collaborate and run your business

    · implement your business plan through a real-world project

    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.

    Download Course Brochure
    Speak to a Student Advisor
    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

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