Certificate IV in Entrepreneurship and New Business

BSB40320
Online
up to 12 months

Unlock your entrepreneurial potential with our online BSB40320 Certificate IV in Entrepreneurship and New Business. Gain the skills, knowledge, and confidence to become an entrepreneur.

Enrol now
  • Course code: BSB40320

  • Delivery mode: Online

  • Course duration: Up to 12 months (self-paced)

  • Qualification: Certificate IV

  • Eligibility: This course is not available to international students

  • Nationally recognised: Yes

  • Assessments

    • Short answer questions

    • Projects

    • Case studies

    • Video and audio role plays

Learn entrepreneurship online and become the master of your future with a nationally recognised Certificate IV.

Do you dream of starting your own business or are you already working towards it? This small business course is designed to develop skills and knowledge for entrepreneurs and business owners to launch a new business or venture, or grow existing businesses. Enjoy the flexibility of studying online at your own pace, and gain a nationally recognised Cert IV in Entrepreneurship and New Business (BSB40320).

Entrepreneurship and small business management can be hugely rewarding, providing lifestyle freedom and allowing you to become your own boss. This entrepreneurship course provides you with core business skills to navigate the challenges of starting and running a business successfully.

Learn key principles of business and entrepreneurship, including:

  • Research and development of business plans

  • Financial planning and management

  • Building and maintaining business relationships

  • Critical thinking and problem-solving for new business ventures.

Whether you're seeking a business course for small business or looking to enhance your entrepreneurial skills, this course is designed to help you succeed. Enrol now to learn entrepreneurship online. Earn your Certificate IV with Swinburne Open Education.

This course is not available to International students.

 

Skills you'll learn

  • Key disciplines of business management

  • Research and development of business plans

  • Financial planning and management

  • Building and maintaining business relationships

  • Critical thinking and problem solving.

 

Your career opportunities

  • Small business owner

  • Small business manager

  • New venture manager

  • Project coordinator

  • Franchisee.

A young woman studying online on her laptop while wearing blue glasses.

 

Why study Certificate IV in Entrepreneurship and New Business online

  • This small business course equips you with essential skills to successfully start and manage a business.

  • Learn key business and entrepreneurship principles, including business plan development, financial management, building relationships, and problem solving.

  • Learn entrepreneurship online while continuing in your current role.

A female student happily studying on her laptop with a notebook by her side.

 

Study online with our world-class learning platform

  • Designed and delivered online so you can learn anywhere, anytime

  • Study on any device - desktop, tablet or mobile

  • Learn through regular trainer-lead online sessions and native content

  • Engage with your learning community through online forums and messages

 

Download your free online course guide

Enter your details and the Swinburne Open team will send you a free course guide with the info to get started. An Enrolment Consultant will be in touch to discuss your options and answer any questions you may have.

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Irshad Cader - Trainer of Certificate IV in Entrepreneurship and New Business/ Certificate IV Human Resources Management/ Diploma of Project Management at Swinburne Open Education

Meet Your Instructor

Irshad Cader

Irshad Cader is a Business and Management professional with extensive experience in leading renowned international businesses and organisations. He holds a Master’s degree in Management and a Post-graduate degree in Human Resource Management from Macquarie University, Sydney, Australia, and is a graduate of the Chartered Institute of Marketing (UK).

With 30 years of experience across Business Management, Marketing, Human Resources, and Capacity Development in Australia, Southeast Asia, and the Middle East, Irshad brings a wealth of expertise. He has also taught, trained, and coached in Business Management, Entrepreneurship, Marketing, and HR at both state universities and private educational institutions.

 

Once you have enrolled in this course, you can access our online platform and start with the first module. You will need to complete a module and then the next module becomes available to you.

This online course contains 11 online modules, which have been designed to cover the following units of competency, including 4 core units and 6 elective units. This online entrepreneurship course contains an introductory module.

Expand units below, to get an understanding of topics and objectives.

BSBESB401
BSBESB401 Research and develop business plans

This unit describes the skills and knowledge required to research and develop business plans for achieving business goals and objectives.

BSBESB402
BSBESB402 Establish legal and risk management requirements of new business ventures

This unit describes the skills and knowledge required to identify and comply with legal and risk management requirements of the business or new business venture, including negotiating, creating and planning for legal contracts used within the business, where required.

BSBESB403
BSBESB403 Plan finances for new business ventures

This unit describes the skills and knowledge required to identify financial requirements of a business, including profit targets, cash flow projections and strategies to garner financial support.

BSBESB404
BSBESB404 Market new business ventures

This unit describes the skills and knowledge required to develop and implement a marketing strategy that is integrated into the business plan in order to improve the performance of a business venture. It involves analysing and interpreting market data.

BSBCRT411
BSBCRT411 Apply critical thinking to work practices

This unit describes the skills and knowledge required to use advanced-level critical thinking skills in a workplace context. This includes using methods of analysis, synthesis and evaluation.

BSBESB406
BSBESB406 Establish operational strategies and procedures for new business ventures

This unit describes the skills and knowledge required to develop and implement operational strategies and procedures for new businesses.

BSBESB407
BSBESB407 Manage finances for new business ventures

This unit describes the skills and knowledge required to implement and review financial management strategies, including by using new and emerging digital technologies and interpreting financial reports and other numerical data.

BSBTWK401
BSBTWK401 Build and maintain business relationships

This unit describes the skills and knowledge required to establish, develop and maintain effective work relationships and networks through relationship building and negotiation skills required by workers. These workers may be within an organisation as well as freelance or contract workers.

BSBXTW401
BSBXTW401  Lead and facilitate a team

This unit describes the skills and knowledge required to effectively lead and facilitate a team in a workplace within any industry.

SIRXMKT006
SIRXMKT006 Develop a social media strategy

This unit describes the performance outcomes, skills and knowledge required to plan and evaluate the use of social media. It requires the ability to determine suitable social media platforms, plan appropriate use and evaluate the effectiveness of social media activity.

 

Course requirements

There are no formal requirements for this Cert IV in Entrepreneurship and New Business qualification. However, participants must be 18 years' old or over.

This course is not available to International students.

The Swinburne Open modern online learning platform has been designed so that you can study online anywhere, anytime. You will need to meet the following IT requirements to use our platform for this Certificate IV course:

Desktop or laptop

  • Latest version of Chrome or Safari

  • Microsoft Office (2010 or higher)

  • Adobe PDF Reader

Mobile or tablet*

  • Latest version of Chrome or Safari

  • Latest version of Android

  • Latest version of iOS

* Students using a mobile or tablet will need to upload documents from a laptop or desktop or have a Dropbox account.

 

Start your entrepreneurship journey

Source: Career outcome information from Your Career (2025).

 

Online study FAQs

We understand you need to fit study around your busy life. Our online learning platform is designed with this in mind, so you can study on any device, anywhere, anytime. Here are answers to some small business course frequently asked questions.

Read more FAQs

 

Yes. You’ll research and develop a business plan, work out your financial requirements including profit targets and cash flow projections, and establish the legal and risk management obligations attached to a new venture. Marketing and operational strategy each get their own module so you learn how to grow your company from a startup to a bigger business.

This small business course provides you with the essential skills to successfully manage a business, including:

  • Business planning and goal setting

  • Financial management and budgeting

  • Marketing strategies and digital promotion

  • Risk management and legal compliance

  • Operational management for business growth

These skills help you build a strong foundation to start, run, and grow your business with confidence.

You have up to 12 months to complete the qualification, working at your own pace throughout. How quickly you finish depends on how many hours you can put in each week. Anyone already running a business or with experience starting a new venture may recognise some of the introductory material and move faster through the course.

Anyone planning to start a business or already running one will find this qualification useful. People still at the planning stage use it to get the groundwork properly done before they commit money to an idea, working through the legal obligations, the financial projections and the market research in a structured order. Existing owners tend to come to it having learnt by doing, using the modules to fill the specific holes they’ve noticed in their own knowledge. Anyone over 18 can enrol with no prior qualification required.

Most graduates work for themselves as small business owners or franchisees. Besides teaching you how to start a small business in Australia, the qualification also prepares you for small business manager, new venture manager and project coordinator positions. Employers hiring for these roles want someone who understands how a business operates commercially, which is exactly what this certificate helps you demonstrate.

No. You can enrol while your idea is still forming. The certificate’s research and planning modules will help you test and refine your business ideas as you go. Students who arrive with a fixed concept can apply each module to that venture directly. Either way, you leave with the reasoning behind why a business works instead of a single plan.

Yes. You can access all 11 modules through Swinburne Open Education’s online platform, using a desktop, tablet or mobile. Your trainer leads regular online sessions and you connect with other students through forums and messages. Likewise, you’ll complete all short answer question assignments, projects, case studies and role plays fully online so you never have to attend campus.

 

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