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Certificate IV in Small Business Management

Need a boost in skills to expand your small business! Keep it growing with Asset College!

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BSB42515 Certificate IV in Small Business Management

Looking to take your entrepreneurial skills to the next level and start growing your small business? This qualification assists existing small business owners to reach great heights by pushing your idea to the next level!

In this course you will advance your skills in:

  • Digital skills for marketing
  • Refining your business ideas and your target markets for optimal audience segmentations
  • Understanding your customers and their buying behaviours
  • Managing your finances
  • Project management
  • Managing teams of people in a small business

Course Outcomes

On successful completion of this course you will be awarded a Certificate IV in Small Business Management (BSB42515).

This qualification is aimed at those who are in the process of expanding their first small business and are likely to be:

Employees of small businesses are also encouraged to undertake this course and government funding is also open to eligible participants that are employees of small businesses also.

Entry Requirements

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

You will require basic English language, literacy and numeracy (LLN) skills. If you have not previously completed a Certificate III qualification you may be required to undertake an Online LLN ASSESSMENT prior to commencing enrolment in this course.

Students who are applying for HLS Funding will be required to complete the Online LLN ASSESSMENT. You will be sent an invitation to complete upon enquiry.

If completing the online course you will also need:

  • Access to a computer with word processing, PDF reader capabilities and an internet connection

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.

Units of Competency

To be awarded this qualification, you will be required to show competency in a total of 10 units.
4 Core and 6 Electives.

Core Units

  • BSBSMB404 Undertake small business planning
  • BSBSMB406 Manage small business finances
  • BSBSMB413 Design a digital action plan for small business
  • BSBSMB415 Refine and strengthen a small business

Elective Units*

  • BSBCUS402 Address customer needs
  • BSBINN301 Promote innovation in a team environment
  • BSBMKG414 Undertake marketing activities
  • BSBPMG522 Undertake project work
  • BSBREL402 Build client relationships and business networks
  • BSBSMB405 Monitor and manage small business operations

*Alternate electives may be available on request, but are not guaranteed. To view the full list of elective units available in this qualification please visit training.gov.au. The cost for custom unit packaging is $250 per qualification (excluding RPL).

Delivery Options

OPTION 1 – Study Online
Start at any time! Study where and when it suits you by using our interactive eLearning platform. You will have 12 months to complete this course at your own pace. Everybody learns at different rates and therefore participants may take less time to complete the qualification – this all depends on how much time a student has to dedicate to study.

You will be able to contact your trainer by email and phone for assistance.

OPTION 2 – Study Online at our Facilities
You can complete the same online course at our facilities using our resources and equipment at no extra cost. If you need some direction, we will have staff available to provide additional support if required. This option is not available at all locations, bookings are essential.

OPTION 3 – Study in Class
By request only. We can schedule a 5 or 10 day face-to-face workshop for groups of 5 or more students. Note that there may be additional work required following the workshop to complete the course in full.

OPTION 4 – Recognition of Prior Learning (RPL)
If you already have skills and experience relevant to this qualification you may be eligible for RPL. Contact us for a Free Skills Assessment to determine if this is the right option for you. Find out more about our RPL Process here.


Course Fees

Course fees vary depending on the location and delivery mode of the course.


Recognition of Prior Learning (RPL)

Payment Plans may be available

Higher Level Skills (HLS) Funding
Asset College is approved to deliver the Certificate IV in Small Business Management under the Queensland Government’s HLS Funding for eligible participants.

For more information or to determine your eligibility please visit our Government Funded Training page.


“Firstly, I’d like to thank everyone there for the help I received in completing my Certificate IV qualification.  Your company is so professional and helpful, and I wish I had started the course with you to begin with.”
Michelle Bartz
Certificate IV in Small Business Management Course Information

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