BSB40320 Certificate IV in Entrepreneurship and New Business
The BSB40320 Certificate IV in Entrepreneurship and New Business (previously Small Business Management) gives you the structure behind planning, marketing, finance and operations for a new venture. Study 100% online, no exams, nationally recognised. Built for founders and owner-operators.
12 industry-aligned units covering core competencies
What Is the Certificate IV in Entrepreneurship and New Business?
The BSB40320 Certificate IV in Entrepreneurship and New Business is a nationally recognised qualification for people starting or growing their own venture. You might already be trading, building a side business, or turning a skill you know well into something of your own, making decisions about money, marketing and customers as you go.
This qualification gives that work structure. It builds practical capability in business planning, financial management, marketing and promotion, risk and day-to-day operations, so you can build on solid foundations rather than guesswork. Assessments are based on your real businessideas and activities rather than exams, so you apply each skill straight to your own venture.
Study is fully online and self-paced, and Recognition of Prior Learning can reduce your study time. It suits new and aspiring business owners, sole traders and side-hustlers who want recognisedskills and the confidence to grow something sustainable.
Build Practical Skills to Start or Grow Your Own Business
Launching or expanding a business requires clarity, planning and confidence — yet many entrepreneurs learn by trial and error. It’s normal to feel uncertain about what to prioritise, how to manage risk or how to build a plan that genuinely supports long-term success.
The Certificate IV in Entrepreneurship and New Business gives you the structure behind business ownership. You’ll explore real opportunities, test ideas, build marketing capability, plan finances, develop operational strategies and create a practical business plan. Everything is designed to be relevant whether you’re starting from scratch or strengthening a current venture.
If you want to build your business capability, reduce guesswork and gain a nationally recognised qualification that supports future opportunities, this program provides a clear pathway forward.
What You'll Develop
Quick Facts
Duration
9–16 months (self-paced, fast-track available)Study Mode
100% online – self-paced and flexible, with people to help when you need itAssessment
Workplace projects — no examsSupport
Unlimited trainer support by phone and emailCredit Transfer and RPL Pathways
If you have any past studies or experience, you may be eligible to receive credit where possible. This means you don’t need to relearn what you already know and can significantly reduce your study time by up to 60%. Most experienced workers save 3 to 6 months of study time through RPL. Your practical experience has real value and we help you prove it.
Comprehensive Curriculum
Units
Each module typically takes around 4 weeks to complete but can be completed faster if your personal time allows.BSBESB301
Investigate Business Opportunities
BSBESB402
Establish Legal and Risk Management Requirements of New Business Ventures
BSBOPS401
Coordinate Business Resources
BSBESB404
Market New Business Ventures
BSBMKG434
Promote Products and Services
BSBOPS404
Implement Customer Service Strategies
BSBESB403
Plan Finances for New Business Ventures
BSBESB407
Manage Finances for New Business Ventures
BSBESB406
Establish Operational Strategies and Procedures for New Business Ventures
BSBESB401
Research and Develop Business Plans
Comprehensive Curriculum
Entry Requirements
To make sure this course is the right fit and that you’re set up for success, you’ll need to meet the following entry requirements.Honest WarningPeople without the recommended experience often struggle and may not complete the course. This is simply due to the level of responsibility required in the assessments. If you have any past studies or experience, you may be eligible to receive credit where possible. This means you don’t need to relearn what you already know and can significantly reduce your study time by up to 60%.
Comprehensive Curriculum