Certificate IV in Entrepreneurship and New Business

One course offers many courses of action and pathways for you.

On successful completion of this course, you will be awarded a Certificate IV in Entrepreneurship and New Business (BSB40320).

This qualification is aimed at those just establishing their first small businesses and wish to become:

• Business Managers
• Small Business Owners

What do I need before I start?

There are no formal prerequisite units required for entry into this course.

You will however require intermediate English language, literacy and numeracy (LLN) skills.

Before commencing this course, you will be required to undertake an Online LLN ASSESSMENT. You can complete this higher level LLN test here now!

If you are completing the course via an online or RPL delivery mode, you will need access to a computer with word processing, PDF reader capabilities and an internet connection.

Please be advised we are unable to train students on a student visa. You must find a CRICOS registered training provider.

What will I need to provide to enrol?

• Enrolment Form
• USI
• Photo Identification
• Completion of LLN assessment
• Copies of previous qualifications
• Payment

You may like to consider completing the Certificate III in Micro Business Operations as a predecessor to this course. This will give you foundational knowledge in working as a Sole Trader and/or Contractor before you begin expanding your business.

There is also a chronological order that students are recommended they complete qualifications where the student is eligible to access government funded training.

Contact us to find out more about whether this applies to you.

To complete this course you must demonstrate competency in a total of 10 units. These units have been selected to give you the most comprehensive overview of small business start-up requirements.

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*

• BSBESB301 Investigate business opportunities
• BSBESB302 Develop and present business proposals
• BSBOPS401 Coordinate business resources
• BSBOPS404 Implement customer service strategies
• BSBPEF401 Manage personal health and wellbeing
• BSBPMG430 Undertake project work

You can view the full list of units available to study within this qualification on training.gov.au.

*If you wish to change one or more of your elective units please contact us. While we endeavour to be able to provide all options, changes to elective units cannot be guaranteed. The cost for custom unit packaging is $500 per qualification for full study or $250 for RPL.

Standard Online Delivery

1 unit per month for up to 12 months. Includes regular contact with a trainer. Should allow 20 – 25 hours per week to study.

Accelerated Learning

For people with prior knowledge, skills or qualifications. 2 units per month for up to 6 months. Should allow 30 – 40 hours per week to study.

Assessment Only / RPL

For people with evidence of their extensive experience.

We aim to have all RPL assessments finalised within 12 weeks but it is usually much quicker. The actual timeframe depends on the course you are seeking RPL for, how long it takes you to supply the evidence and how long it takes us to verify your evidence.

You can complete our Free Skills Assessment right now to determine if this is the right option for you.

Custom Enrolment

If you wish to customise your course, change your elective units or study load please contact us to request an individual learning plan.

The number of hours outlined is a guide only and each individual will learn at a different pace. Students may request an extension or submit their assessments early as required to suit their individual learning needs.

Online Resources

Asset College delivers this qualification completely online. For some courses, learning material is not able to be printed or downloaded by students into PDF or Word format for offline purposes. If you would like to discuss printed materials, please contact us prior to enrolment.

Other Information

On enrolment, you will receive a customised training plan. This training plan will list all units of competency you will complete within this qualification along with their due dates for submission. Students must be submitting units by the due dates outlined on your training plan or an extension application will be required.

After completing this course you may wish to further your studies with one of the following qualifications dependent upon your industry.

• BSB50120 Diploma of Business
• BSB50420 Diploma of Leadership and Management
• BSB50820 Diploma of Project Management
• BSB51319 Diploma of Work Health and Safety

Course Fees

This qualification is available through online study or RPL. You can also opt to complete some units by RPL and some units through online study.

Online Study – $2960

RPL – $1600

Higher Level Skills Funding (Co-contribution fees) – $50 concession or $100 non-concession

Payment Options

Online Study

1. Pay as you go

Pay for each unit as you progress. Please view our Course Fees brochure to see first payment required plus fee per unit for your specific qualification.

2. zipMoney – From $124 a week over 6 months

Up to 6 months interest free on zipMoney. Best for people with an existing zipMoney account.

RPL

Individualised quotes will be discussed with our RPL Manager after submission of a free skills assessment. Please read the full outline on our RPL process here.

1. 2 split payments

Pay 50% of the course fees to begin your RPL, with 50% due on completion before your certificate is issued.

2. zipMoney payment plan

Construction Skills QLD (CSQ) Funding

Available for eligible participants in the construction industry.

View Construction Skills QLD Funding pricing and requirements here.

Submit your application now!

Higher Level Skills (HLS) Funding

Eligible students in Queensland may receive government subsidised training under the Higher Level Skills program.

Please note, the co-contribution fee may change after a review of your circumstances prior to enrolment in the qualification but will not exceed the above stated fees.

You can review the Higher Level Skills Fact Sheet produced by the Department of Employment, Training and Small Business on their website.

You can view the co-contribution breakdown fees here.

Submit your application now!

Other Information

Please read our Course Fees and Refund policy here.

For information about studying this qualification under a traineeship arrangement please click here.

Extension Request Fees

Should you require an extension on your study, the following applies:

Assessment Re-Submission Fees

Should you be deemed not competent after 2 attempts at a unit of competency, an assessment re-submission fee of $50 will apply per assessment.

Re-Enrolment

Should you wish to cancel your course or your enrolment is cancelled by us due to no progress and you then wish to re-enrol, a re-enrolment fee of 25% of the standard course fee will apply if requested within 3 months of initial cancellation. If re-enrolment is requested within 4 – 12 months of initial cancellation, 50% of the standard course fee will apply.