Nationally Accredited Training ♦ Government Funding in SA and QLD* ♦ RPL Qualification
Nationally Accredited Training ♦ Government Funding in SA and QLD* ♦ RPL Qualification
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  5. BSB40320 – Certificate IV in Entrepreneurship and New Business

Certificate IV in Entrepreneurship and New Business

BSB40320

Government Subsidies | looking for government subsidies for this program?

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Course Description

This qualification is designed for people who are starting or running their own business. It’s also perfect for those launching a new venture within a larger organisation. Whether you’re stepping into self-employment or exploring new business opportunities, this course helps build the skills you need to succeed.

You’ll learn how to handle everyday challenges that often come with business operations. The course focuses on helping you use well-developed skills and a solid knowledge base to tackle unexpected problems. Instead of getting stuck, you’ll be trained to think on your feet, make informed decisions, and find practical solutions quickly.

One of the key benefits of this qualification is learning how to gather, analyse and evaluate information from different sources. This ability is essential in making sound business choices and planning ahead. As your confidence grows, you’ll be better equipped to guide others as well.

Many people who take this course end up taking on leadership roles. You might lead a small team, offer advice to co-workers, or even manage operations in your business. As a result, you’ll also learn how to take responsibility for your team’s performance and outcomes.

This qualification doesn’t just prepare you for today’s challenges—it sets you up for future growth too. With the right mindset and training, you’ll be ready to lead, grow your business, and adapt to changes in the market.

In this course, you’ll learn how to:

We’ll help you cultivate a culture of learning

Potential Job and Outcomes of The Qualification

Job roles and titles vary across different industry sectors. Occupational titles may include:

  • Small business owner
  • Small business manager
  • Small business employee
  • Project coordinator
Course Delivery

This course is delivered via DP Learnign@Home model, offering the opportunity to study your way

  • Rolling intake, start anytime!
  • Training Materials offered using electronic-based delivery,
  • Trainers/Assessors being available to support you through email and/or telephone contact.
  • 10 units of competency
  • Office/business workplace access, for students who do not have access to office/business workplace, DP training offers a business/office classroom simulated environment at DP training locations
  • The opportunity to attend weekly trainer-led study support sessions via Zoom for the duration of your course
  • Self-paced (up to 12 months to complete)

RPL

  • If you consider yourself to already have the knowledge and skills for the qualification, any person currently working in the industry has the opportunity to apply for the Recognition of Prior Learning (RPL) assessment-only pathway.
  • You will be required to successfully demonstrate that you have acquired the required knowledge and skills specified in the training package through formal, non-formal and informal learning. To demonstrate your knowledge and skills assessed via the RPL process, please take our skill assessment below and select RPL on your enrolment form.

Take a 60 sec Skill Assessment Check Now to determine your eligibility for RPL.

Study Program

This course is delivered via our DP Learning@Home Program , offering a mixture of

  • self-paced
  • online
  • blended
  • on-the-job
  • block or day release for apprentices
  • a combination of the above
Training Locations

This course is delivered online Nationally.

Class-based or practical training may be delivered at the locations below.

DP Training Campus

  • Brisbane – 162 Abbotsford Road, Bowen Hills QLD 4006
  • Gold Coast – Level 3, Unit 7, 52 Davenport Street, Southport QLD 4215
Course Entry Requirements
  • be over 15 years of age, who have finished or left secondary school
  • undertake a Language, Literacy and Numeracy (LLN) Skills Indicator assessment questionnaire
  • have technological skills to undertake computer/online work and have access to a computer and software with the following minimum specifications
    • Microsoft Windows XP, or later, or Mac OS X or above; Microsoft Office or equivalent and Adobe Acrobat Reader/Adobe Flash Player and up-to-date internet browser
Enrolment Requirements
  • Proof of ID: Colour copy of Passport or Driver’s Licence.
  • Unique Student Identification Number (USI)
  • Colour copy of Certificates and Statement Results for any previously attained or partially completed qualifications completed in or recognised in Australia. If you do not hold a USI Number or have forgotten your USI Number, please visit the link provided below: https://www.usi.gov.au/students/create-usi
Course Structure

This qualification is made up of 10 units of competency (4 core, 6 elective) which reflect the needs of industry.

Unit codeUnit Name
BSBESB401Research and develop business plans
BSBESB402Establish legal and risk management requirements of new business ventures
BSBESB403Plan finances for new business ventures
 BSBESB404Market new business ventures
BSBESB406Establish operational strategies and procedures for new business ventures
BSBESB405Manage compliance for small businesses
BSBOPS404Implement customer service strategies
BSBXTW401Lead and facilitate a team
BSBOPS401Coordinate business resources
BSBHRM415Coordinate recruitment and onboarding

*Students are required to complete all units listed. The course is expected to be completed in a maximum of twelve months. To attain the certificate all assessments and office/business workplace environment hours are required to be completed.
Fees & Funding
  • Course Fee – $2450
  • RPL assessment – total assessment fee $1500, then if applicable , $100 per unit of gap training capped at 10 units

A $250 deposit is required prior to commencing training and assessment, with fortnightly and monthly payment plans to pay the remaining fees.

Check your State Funding here.

Check Your Eligibility for Funding

You may be eligible for funding based on the state of your residence and other eligibility criteria.