BSB40320 | RTO: 41178 | PROVIDER CODE: 03459G | CRICOS COURSE CODE: 104022G


The Certificate IV in Entrepreneurship and New Business is designed to offer a grounding in all that is required to launch your own business, whether your plans are for a one-person microbusiness or the first steps into something much bigger. Our experienced, entrepreneurial trainers will support you in developing the knowledge base and skill set to analyse and evaluate information to address a wide range of planning and operational challenges.

This is a course with a focus on modern-day approaches to marketing, and with a strong emphasis on the legal and financial requirements for a start up business.

Fast track your entrepreneurial success with this dynamic new qualification.


The BSB40320 Certificate IV in Entrepreneurship and New Business provides the specialised skills you need to turn your business ideas into reality.

This course is designed for the aspiring entrepreneur to develop the unique set of skills required to plan, minimise risk, finance and launch a new enterprise.

With a focus on cost effective social media marketing techniques, a solid grounding in small business law and with practical techniques for effective business planning, this course is an essential investment in the success of your new small business.

Classes are fast paced and lead by inspirational industry practitioners. Whether online or face to face students are encouraged to develop a broad knowledge base to solve unpredictable problems, analyse and evaluate information from a variety of sources and to develop meaningful, dynamic business plans.

Learning Outcomes

1. Understand legal and risk management requirements for small business
2. Develop an increased understanding of small to medium business operations
3. Develop business planning skills
4. Implement methods to attract new business while providing quality customer service
5. Prepare business finance documentation such as financial projections, profit margins and cash flow estimates

Intake dates

2021: 1 Mar, 5 Apr, 17 May, 21 Jun, 2 Aug, 6 Sep, 18 Oct, 22 Nov
2022: 17 Jan, 21 Feb, 4 Apr, 9 May, 20 Jun, 25 Jul, 5 Sep, 10 Oct, 21 Nov
2023: 16 Jan, 27 Feb, 3 Apr, 15 May, 19 Jun, 31 Jul, 4 Sep, 16 Oct, 20 Nov

Course Duration

57 weeks

Campus Locations

Byron Bay, Sunshine Coast, Noosa, Perth, Sydney, Brisbane

Course Delivery

A minimum of 20 hours per week. 2 days a week face to face, 1 day consolidated learning, 1 day independent self study

*Laptop / PC required

Course Structure

  • Tuition: 40 weeks
  • Holiday: 7 weeks
  • Consolidation: 10 weeks

Sample study plan

Entry Requirements

Completion of an Australian Year 10 Certificate or equivalent & minimum IELTS overall score of 5.0 with a minimum 5.0 in writing or evidence of intermediate English level.

Tuition Fee

AUD $5,500

How can I pay?

1. Upfront payment via Credit Card, cheque or overseas bank account transfer
2. Payment instalments through Lexis payment plans

Payment Plan

- Onshore students
  • COE Deposit: $250
  • Week 1: $750
  • Monthly payments: $500
- Offshore students
  • COE Deposit: $1,000
  • Week 1: $500
  • Monthly payments: $500

Package Specials

Combine Your Courses And Save*
  • Book 2 courses and get the 2nd course 10% off
  • Book 3 courses and get the 3rd course 15% off
  • Book 4 courses and get the 4th course 20% off

*Deduction calculated on the final payment of final course

Course Content

The BSB40320 Certificate IV in Entrepreneurship and New Business is completed over a 55 week period and includes 10 units of competency, 4 core units and 6 elective units. Participants are required to complete 20 course contact hours per week, spread over 4 days a week in the afternoon or evening depending on the scheduled timetable for the session.

Participants will have the opportunity to increase their skills in organising tasks, managing workplace information, preparing company financial information, delivering customer service and communicating effectively.


Written Questions, Projects, Presentations & Case Studies.


4 Core Units

  • 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

6 Elective Units

  • BSBTWK401 Build and maintain business relationships
  • BSBMKG434 Promote products and services
  • BSBMKG431 Assess marketing opportunities
  • BSBESB406 Establish operational strategies and procedures for new business ventures
  • SIRXOSM005 Develop a basic website for customer engagement
  • SIRXMKT006 Develop a social media strategy

Career outcomes

Employment Prospects

  • Small Business Owner
  • Business Manager
  • Independent Contractor/Freelancer

  • Sole Business Operator
  • Managing Director


Employment rate of total Australian workforce


value-added to Australia's Economy


Future Growth



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