Course - BSB40320

Certificate IV in Entrepreneurship and New Business

Turn Your Idea Into a Real Business

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.

Course Delivery

Online

Course Duration

12 - 24 months

Course Outcome
Nationally Recognised Statement of Attainment
Entry Requirements
  • No formal prerequisites

  • Recognition of Prior Learning (RPL) available

Course Fee

$2,490

Afterpay available

Certificate IV in Entrepreneurship and New Business - Course Information

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

Course Delivery and Assessment

This course is delivered 100% online, combining interactive theory modules with short assessments to test your knowledge as you progress. You’ll also have a dedicated trainer/assessor available throughout the course to provide support whenever you need it.

The Certificate IV in Entrepreneurship and New Business is self-paced, so you can enrol at any time and study around work, family, or other commitments. While the average completion time is around 12 months, your actual duration depends on the time you dedicate and your existing skills.

Students receiving study benefits from Centrelink (education on supplement) will be obligated to complete the course in 28 weeks (full-time) or 56 weeks (part-time). Students who complete the course as part of a traineeship will have 12 months full-time or 2 years part-time.

What You’ll Study

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 (*).

Module One: Plan the New Business
  • BSBESB301 Investigate business opportunities

  • BSBESB403 Plan finances for new business ventures*

  • BSBESB401 Research and develop business plans*

Module Two: Start the Business
  • BSBESB407 Manage finances for new business ventures

  • BSBESB402 Establish legal and risk management requirements of small business*

Module Three: Promote the Business
  • BSBTEC403 Apply digital solutions to work processes

  • BSBESB404 Market new business ventures*

  • BSBMKG434 Promote products and services

Module Four: New Business Management
  • BSBHRM415 Coordinate recruitment and onboarding

  • BSBTWK401 Build and maintain business relationships

Course Outcome

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).

Career Pathways
  • 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.

Entry Requirements

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.

Support When You Need It

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.

"I had a business idea but didn’t know where to start. The Certificate IV in Entrepreneurship and New Business guided me through every step, from planning and marketing to managing finances. The course was practical, easy to follow, and gave me the confidence to finally launch my own business. I feel ready to tackle the challenges of running a business with real skills, not just theory."
Gemma

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Course FAQs

How much does the Certificate IV in Entrepreneurship and New Business (BSB40320) cost?

The Certificate IV in Entrepreneurship and New Business (BSB40320) course fee is $2,490 with Afterpay available.

Is funding available for the Certificate IV in Entrepreneurship and New Business (BSB40320) course?

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.

How long does it take to complete the Certificate IV in Entrepreneurship and New Business (BSB40320) course?

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.

Are there any entry requirements for the Certificate IV in Entrepreneurship and New Business (BSB40320) 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.

When will I receive my Statement of Attainment (SOA)?

Your SOA will be issued within 3-5 business days of successfully completing the course and receiving payment.

Have Questions?

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

Have Questions?

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