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BSB42615: Certificate IV in New Small Business

BSB42615: Certificate IV in New Small Business

$1,595.00

The Certificate IV in New Small Business develops individuals who wish to successfully operate a small business. The course looks specifically at planning, marketing and undertaking small business operations. It teaches learner's to operate your small business through effective financial and personnel management.

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Overview

In this course you will focus on the following areas:

  • A sound understanding of the requirements to establish a small business
  • Understand risks involved in small business
  • Effectively market your business
  • Achieve great profits and strategic outcomes
  • Become an effective leader of staff
  • Understand and effectively use financial reports

Fees

The program is completed online for $1,595.00 (annual fee) or through workshops for $2,295.00*

*Workshop – subject to availability and minimum numbers.

* RPL price on application (pending number of units applying for RPL)

Who is it for?

This course is appropriate for people working in, or looking to start a small business. Possible jobs include:

  • Small Business Owner
  • Small Business Manager

Entry Requirements

There are no entry requirements for this course.

How is this course delivered?

You can complete this course online or in a workshop environment. Workshops are limited and based on demand. Contact us on 1300 200 705 if you are interested in completing this course in a workshop.

Duration

We understand that each learner has individual requirements and likes to study at their own pace. We would expect this course to take anywhere from 6 months to 1 year to complete (or up to 2 years if completed as part of a traineeship). 

Course requirements

To achieve BSB42615 Certificate IV in New Small Business, the learner will need to complete 10 units of competency as below:

4 core units, plus
6 elective units.

Core units and electives

Please click on the drop downs below to view a description on each unit within this course.

Core Units

All core units are compulsory

CODE Unit Name Purpose of Competence
BSBSMB401 Establish legal and risk management requirements of small business Identify and comply with the regulatory, legal, taxation and insurance requirements, and risk management needs of small business. Specific legal requirements apply to the management of a small business.
BSBSMB402 Plan small business finances Develop a financial plan to support business viability. Specific legal requirements apply to the management of a small business.
BSBSMB403 Market the small business Develop and implement marketing strategies, and to monitor and improve market performance. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.
BSBSMB404 Undertake small business planning Research and develop an integrated business plan for achieving business goals and objectives. Specific legal requirements apply to the management of a small business.

Elective Units

Elective units have been specifically chosen to meet generic small business competencies (6 elective units in total required.)

CODE Unit Name Purpose of Competence
BSBCUS401 Coordinate implementation of customer service strategies Effectively in a team whose responsibility is to co-ordinate customer service strategies for an organisation. You should also be able to evaluate and review customer satisfaction, report the findings and make recommendations for improvement.
BSBFIA402 Report a financial activity On successful completion of this unit you will be able to report on an organisation’s financial activity, in response to client requests and to meet statutory requirements.
BSBPMG522 Undertake project work On completion of this unit you will have the skills and knowledge required to manage a straightforward project or a section of a larger project. This unit addresses the management of projects including the development of a project plan, administering and monitoring the project, finalising the project and reviewing the project to identify lessons learnt for application to future projects.
BSBSMB405 Monitor and manage small business operations Operate a small business and implement a business plan. The strategies involve monitoring, managing and reviewing operational procedures. Specific legal requirements apply to the management of a small business.
BSBSMB406 Manage small business finances Implement, monitor and review strategies for the ongoing management of a small business’s finances. It also includes day to day financial management of the small business. Specific legal requirements apply to the management of a small business.
BSBSMB407 Manage a small team Plan for the management of and to manage staff. It involves industrial relations, staff selection, staff records, induction, training, team development and career planning to enhance business operations through retaining a competent, committed and motivated team in the workplace. Specific legal requirements apply to the management of a small business.
BSBWOR401 Establish effective workplace relationships At the end of this unit learners should have the skills and knowledge required to collect, analyse and communicate information and to use that information to develop and maintain effective working relationships and networks. Specifically, learners should be able to: 

  • Collect, analyse and communicate information and ideas.
  • Develop trust and confidence
  • Develop and maintain networks and relationships

Manage difficulties into positive outcomes.

BSBWOR404 Develop work priorities On completion of this unit of competency learners should have the skills and knowledge required to plan one’s own work schedules, to monitor and to obtain feedback on work performance and professional development. Specifically, learners should be able to: 

  • Plan and complete own work schedule
  • Monitor own work performance
  • Coordinate professional development

This unit applies to individuals who are required to design their own work schedules and work plans, and to establish priorities for their work. They will typically hold some responsibilities for the work of others and have some autonomy in relation to their own role.

Assessment information

Assessments for this course will be provided on your learner portal. There are a range of assessments which include quizzes, written task and/or case studies.