Certificate IV in New Small Business | Asset College | Start At Any Time!

Certificate IV in New Small Business

This qualification is to assist entrepreneurs with a new business idea to get started!

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BSB42615 Certificate IV in New Small Business

Need some help to guide you on setting up and running your own small business? The Certificate IV in New Small Business is for those entrepreneurs who are just starting out and want to be fully informed along their business start-up journey!

During the course you will work through:

  • Legislative requirements of small business ownership and getting your registrations started
  • Planning your finances and what overheads you may need to consider before you launch
  • Starting to market your business – who, what, when, where, why & how of marketing
  • Devising and implementing processes and procedures early on in your business
  • Making connections in your industry

Course Outcomes

On successful completion of this course, you will be awarded a Certificate IV in New Small Business (BSB42615).

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

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 TEST prior to commencing enrolment in this course.

If completing the online course you will also need:

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

Find out your LLN level now!

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

  • BSBSMB401 Establish legal and risk management requirements of small business
  • BSBSMB402 Plan small business finances
  • BSBSMB403 Market the small business
  • BSBSMB404 Undertake small business planning

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 for this qualification please visit training.gov.au.

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
Start at any time! 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 your 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

Construction Skills QLD (CSQ) Funding
Asset College is approved to deliver the Certificate IV in New Small Business under the Queensland Government’s CSQ Funding for eligible participants. To be eligible for this funding you must work in Building and Construction Industry in the last 6 months. For more information or to determine your eligibility please visit our Government Funded Training page.


“I sincerely want to thank Brooke, Henry and the team at Asset College for providing me with a friendly, seamless pathway to my Graduate Diploma. I, like many senior managers in today’s workforce, are of an era where work experience was the key, rather than qualifications. In today’s world, this can be a disadvantage.

I am so glad I decided to do something about turning my years of experience into that all important qualification through Asset College’s RPL process. I was determined to find an institute which did not have a reputation of ‘tick and flick’ for money. Asset College was the right choice. I  loved the fact that I had to do some research and learn, as well as provide examples. My qualification feels real and well earned.

Thank you! Thank you! Thank you! 5 stars!”

Justine Murphy

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