BSB40320 Certificate IV in Entrepreneurship and New Business
Unlock Your Entrepreneurial Spirit
Feel confident in your skills and become your own boss.
Looking to start a new venture?
Already have the ideas?
Ready to lead the way and be your own boss?
Become a savvy business owner and idea-generating machine.
If you are passionate about being a self starter and paving your own way then the BSB40320 Certificate IV in Entrepreneurship and New Business is for you.
In this Entrepreneurship course, you will learn how to operate, manage and lead a small business with topics from finance to marketing and networking. Develop strong foundations in your business to support your growth as well as enhance your leadership skills and learn what it means to have responsibility for the output of others.
Become a nationally accredited and qualified business professional today with Foundation Training Australia.
Turn Learning into Career Success
- 100% online. Study when and how you want.
- Gain the fundamental skills of running and operating a business
- Ongoing study support and goal accountability
- You’ll even learn how to manage tricky business finances!
Why Choose Us
- Our qualified and experienced staff develop a training plan customised to your needs
- Our goal is to help you become a qualified Tradie
BSB40320 Certificate IV in Entrepreneurship and New Business
An in-depth look at the course, to download your own copy, click ‘DOWNLOAD COURSE BROCHURE’ below.
Course Structure What this course offers
This Entrepreneurship course covers the fundamentals of starting a new and successful business from operations to marketing to managing finances. It is ideal for anyone who wants to develop their ideas into a new venture.
Ways to Study
To achieve this qualification, you must demonstrate competency in 4 core and 6 elective units. Please refer below for the core units of competency and a sample of suggested electives:
Core Units (4)
- 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
Suggested Elective Units (6)
- BSBESB407 – Manage finances for new business ventures
- BSBESB301 – Investigate business opportunities
- BSBESB406 – Establish operational strategies and procedures for new business ventures
- BSBOPS404 – Implement customer service strategies
- BSBSTR401 – Promote innovation in team environments
- BSBOPS401 – Coordinate business resources
Ensuring your staff have the practical and technical skills in Business is critical to maximising the potential of your team. Our scope of Business qualifications provides foundation-level skills through to advanced and specialised skills in project management and business operations. Plus, with online learning being so accessible, you can ensure your workforce is skilled and competent in-line with your business goals.
- Customised training plans that suit your timeline requirements
- Our Trainers have worked in business, of all levels, their entire career. They are industry experts here to support the success of every student.
- We are known for being responsive.
- This course aims to build understanding of the entire business from financial budgets to marketing and operations. Your staff will better understand the intricacies involved in running a successful business.
- Business owner
- Operations manager
- Small Business Manager
The course duration will vary depending on your experience, skills and chosen study mode. As a guide:
- Between 12 – 24 months depending on your current experience and skills
- Recognition of Prior Learning (RPL): 3-6 months- this term may be extended by Funding Criteria, amount of RPL awarded and subsequent Gap Training required  – eligibility criteria apply
- Fee for service: 3-12 months subject to the amount of RPL awarded and subsequent Gap Training required
- CSQ:
- Program completion date is 20 September 2022 (for the Higher Level Skills General Program 2020/21 Contract)
- Program completion date is 20 September 2022(for the Apprentice Advance+ Higher Level Skills Program 2020/21 Contract)
Your skills will be assessed through a mix of practical and theory tasks. Which is essentially showing us what you’ve learnt and how you do it.
Theory may be assessed Online. Practical Assessment will be conducted at your place of work or work site with fit for purpose facilities and equipment which are to be made available to your FTA trainer & Assessor for training and assessment purposes.