The Certificate IV in Entrepreneurship and New Business (BSB40320) is designed for people who are ready to take an idea and actually do something with it. Whether you’re starting from scratch or already testing a concept, this course gives you the practical skills to plan, launch, and run your own business.
It’s hands-on and focused on real-world scenarios, so you’ll learn how to spot opportunities, manage risks, and make smart decisions as you go. By the end, you’ll have a clearer path forward - and the confidence to back yourself and get your business off the ground.
On completion of this course, you'll be awarded:
BSB40320 - Certificate IV in Entrepreneurship and New Business
Online
Self-paced, up to 12 months to complete
No formal prerequisites
Recognition of Prior Learning (RPL) available
$2,490
Afterpay available
The Certificate IV in Entrepreneurship and New Business (BSB40320) is a practical option for anyone looking to start, run, or grow a small business. It’s designed for people who want to take an idea and turn it into something sustainable, with a clear focus on what actually works in the real world.
You won’t just learn theory - you’ll work through the key parts of building a business, from planning and finances through to marketing and day-to-day decision-making. The goal is to give you the skills (and confidence) to move forward with something of your own.
You’ll learn how to:
Identify and assess business ideas to see what’s worth pursuing
Put together a business plan that fits your goals
Manage basic finances, budgets, and resources
Understand the legal and compliance side of running a business
Promote your business and attract the right customers
Handle challenges, risks, and unexpected issues
Build connections that can support your growth
Track how your business is performing and make improvements over time
The Certificate IV in Entrepreneurship and New Business is a flexible, online course designed to fit around your work and lifestyle, giving you up to 12 months to complete your studies at your own pace. Learning is practical and career-focused, with assessments based on real workplace scenarios. This competency-based approach ensures you don’t just learn theory - you develop the practical skills and knowledge needed to confidently apply what you’ve learned in real-world situations.
Assessment is competency-based, meaning you’ll be evaluated on your ability to perform tasks and apply knowledge in real-world scenarios. This includes:
Written or online assessments to confirm understanding of key concepts.
Note: Traineeship or funded enrolments may have different completion time frames depending on the training contract/funding requirements.
The Certificate IV in Entrepreneurship and New Business is a nationally-recognised qualification under the Australian Qualifications Framework (AQF). On successful completion, you’ll receive a Statement of Attainment for the following 10 accredited units of competency, including four (4) core units (*).
BSBESB301 Investigate business opportunities
BSBESB403 Plan finances for new business ventures*
BSBESB401 Research and develop business plans*
BSBESB407 Manage finances for new business ventures
BSBESB402 Establish legal and risk management requirements of small business*
BSBTEC403 Apply digital solutions to work processes
BSBESB404 Market new business ventures*
BSBMKG434 Promote products and services
BSBHRM415 Coordinate recruitment and onboarding
BSBTWK401 Build and maintain business relationships
Upon successful completion of this course, you will be awarded a nationally recognised Statement of Attainment for:
BSB40320 - Certificate IV in Entrepreneurship and New Business
This certification is nationally recognised under the Australian Qualifications Framework (AQF).
Entrepreneur - individuals who create and run their own businesses. This may involve identifying a gap in the market and developing a new product or service, or taking an existing business model and making it their own.
Business Owner - responsible for managing their own businesses, which may include marketing, sales, accounting, and other aspects of business management.
Business Development Manager - responsible for identifying new business opportunities and developing strategies to grow a business. This may involve conducting market research, identifying potential clients, and developing sales strategies.
There are no formal entry requirements to enrol in this course; however, students should have:
basic computer skills and access to the internet
sufficient language, literacy and numeracy (LLN) skills to complete assessments, and;
A valid Unique Student Identifier (USI) - mandatory for all nationally recognised training. If you don't already have a USI, you can apply for one online at www.usi.gov.au or we can apply for one for you.
Throughout the duration of your course, you can access experienced industry professionals and support staff to guide you through the program. Our trainers are dedicated to helping you succeed and will be available to answer your questions and provide feedback on your progress. They will provide you with the guidance and support you need to fully understand the course material, as well as offer suggestions for further learning opportunities.
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The Certificate IV in Entrepreneurship and New Business (BSB40320) course fee is $2,490 with Afterpay available.
Unfortunately, there is no funding available for this course. Please visit our funding page to explore our range of funding options and eligible courses by state.
The Certificate IV in Entrepreneurship and New Business (BSB40320) is an online course and can be completed at your own pace. It usually takes people 14 months to complete the course.
There are no formal entry requirements. However, students will need:
Basic computer skills and internet access (for enrolment and communication)
Sufficient language, literacy, and numeracy (LLN) skills to complete assessments
A valid Unique Student Identifier (USI). If you don’t have one, you can apply at usi.gov.au or we can assist.
Your SOA will be issued within 3-5 business days of successfully completing the course and receiving payment.
Our friendly support team is here to help. Contact us for course advice, enrolment support, or guidance during your training.
1300 248 457 or email info@civilsafety.edu.au
Our friendly support team is here to help. Whether you need course advice, enrolment support, or guidance during your training, we’re only a call or message away.
Call us now and we'll connect you with the right training specialist for your needs.
Call 1300 248 457
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