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Orana Skills Centre

BSB40320 Certificate IV in Entrepreneurship and New Business

For people starting or running their own business, or setting up a new venture inside a larger organisation: business plans, legal and risk requirements, finances and marketing. Study online at your own pace and complete it on the job, over 12 to 18 months. NSW residents may be eligible for Smart and Skilled funding.

About the qualification

This qualification reflects the role of individuals establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger 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

Potential job roles

  • Small Business Manager
  • Marketing Officer
  • Administration Supervisor
  • Business Planning Coordinator
  • Project Administrator
  • Customer Service Representative

Course details

  • Course fees: $4,950, including learning materials. NSW residents may be eligible for Smart and Skilled funding.
  • Delivery: online, at your own pace, and completed on the job. See how you study.
  • Study duration: 12 to 18 months.
  • Units: 10 units, made up of 4 core and 6 elective units. You choose your electives from the list below, and we discuss them with you on enrolment.
  • Qualification issued by: Training Education and Management Services (TEAMS) RTO 91852.

How you study

Courses are delivered and assessed online, and you work at your own pace. There are no classes or structured sessions: Teams or Zoom meetings are held as needed. You are assigned a trainer and assessor, who is your contact person throughout the course.

The qualification is completed on the job. You apply what you learn in your workplace and submit your assessments through the online learning platform.

Recognition of prior learning

If you have relevant experience or skills, you may be eligible for recognition of prior learning (RPL): the formal recognition of your current skills and knowledge, no matter how, when or where the learning occurred. Ask us about RPL when you enquire.

Units of competency

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

Elective units

  • BSBESB302 Develop and present business proposals
  • BSBESB406 Establish operational strategies and procedures for new business ventures
  • BSBESB407 Manage finances for new business ventures
  • BSBINS410 Implement records systems for small business
  • BSBTEC404 Use digital technologies to collaborate in a work environment
  • BSBMKG431 Assess marketing opportunities

Funding

Traineeship

This qualification can be undertaken as a traineeship. Funding may be available for new entrant trainees, with the fee calculated on eligibility by the State and Commonwealth Government.

Smart and Skilled funding

NSW residents may be eligible for Smart and Skilled funding. To be eligible you must be:

  • 15 years old or over
  • no longer at school
  • living or working in NSW
  • an Australian citizen, Australian permanent resident, humanitarian visa holder or New Zealand citizen

For more information see the Smart and Skilled website.

As a requirement of NSW Smart and Skilled funding, the qualification cannot be completed or a certificate issued in less than eight months.

Nationally recognised training

Orana Skills Centre is in a working partnership with Training Education and Management Services (TEAMS) RTO 91852, who issue the Academic Transcripts and Qualifications. This means we can provide nationally accredited training.

In-house training

If you have 5 or more people in your organisation who need a Certificate IV in Entrepreneurship and New Business, we can deliver it for your organisation. Contact us for pricing and availability.

Enrolment enquiry

Leave your details and we will contact you about enrolment, funding and start dates.