BSB40320 Certificate IV in Entrepreneurship and New Business


Qualification:  BSB40320 Certificate IV in Entrepreneurship and New Business
Duration:  12 months

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Study entrepreneurship and new business online. Become the master of your future.

Do you dream of starting your own business or are you already working towards it? This course is designed to develop skills and knowledge for entrepreneurs and business owners to launch a new business or venture, or grow existing businesses.

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

You will learn key principles of business and entrepreneurship, including research and development of business plans, financial planning and management of new business ventures, building and maintaining business relationships, as well as critical thinking and problem solving.

You will enjoy the flexibility of studying this online course at your own pace, and gain a nationally recognised Certificate in entrepreneurship and new business.

You will 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.

Career options include:

  • Small business owner

  • Small business manager

  • New venture manager

  • Project coordinator

  • Franchisee.

Start your career in a growing industry

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91.4% Student Satisfaction

Percentage of course graduates who were satisfied with the training.

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58.6% Improved Their Career

Graduates of course graduates started or expanded a business, landed a new job, or skilled up for a promotion or pay rise.

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$51,600 Salary

The middle of the range salary earned by course graduates starting their first full-time job after graduating.

Source: Statistics (accessed on 9 February 2022) from .

This 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 course contains an introductory module

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


BSBCRT411 Apply critical thinking to work practices


BSBESB406 Establish operational strategies and procedures for new business ventures


BSBESB407 Manage finances for new business ventures


BSBTWK401 Build and maintain business relationships


BSBXTW401  Lead and facilitate a team


SIRXMKT006 Develop a social media strategy


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 course guide

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Frequently asked questions

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 frequently asked questions.

Read all FAQs

Q.   How can I access trainer support?

You can access our dedicated trainer support using your choice of communication – online chat, email, phone call, or video chat.

Q. Do you help me find a job once I graduate?

At Swinburne Open Education, it’s not only about qualifications. We know you want to get a good job when you finish your studies, and our Careers Team will help you with valuable job-hunting skills such as CV writing and interview techniques. We are here to support you every step on the way. Our job finishes when yours starts.

Q. Can I pause my study if something in my life changes?

Self-paced learning gives you the flexibility to fit study around your life. We understand life doesn’t always go to plan. You can apply for extensions for up to 6 months (3 months per extension) if needed. See more details in our full FAQs.

Q. What if the course end up not being right for me?

If you are less than half way through your enrolment period and it’s not working out, you can opt-out of the second half and reduce your course fee liability to 50% of the total course fee. Refer to the Student Agreement for full terms and conditions.

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