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Course: Certificate IV in Small Business Management BSB40407

Specifically developed to help aspiring business owners and managers establish sound frameworks for their small businesses, this nationally recognised qualification is part of the BSB07 Business Services Training Package.

With up to 53% of small businesses failures in Australia occurring within three years of start up (source: ABS), the importance of sound planning, policies and procedures cannot be overstated. This course focuses on helping you gain the knowledge and skills you need to run a successful small business. Fundamental training includes financial management, legal requirements, marketing and customer service.

Potential jobs:

  • Small business manager
Course Number E0095
Course Fees From View our payment options
Delivery mode: Print and online
Course duration: Max 24 months
Assessments: 18 assessments
Qualification: Certificate IV
Nationally Recognised Yes
Government Funding Yes
Career One jobs for:

ID

BSBSMB401A
BSBSMB402A
BSBSMB403A
  • Market the small business
    • Develop marketing strategies
    • Determine a marketing mix for the business
    • Implement marketing strategies
    • Monitor and improve marketing performance
BSBSMB404A
BSBCUS401A
BSBFIA402A
  • Report on financial activity
    • Compile financial information and data
    • Prepare statutory requirement reports
    • Provide financial business recommendations
BSBPMG510A
  • Manage projects
    • Define project
    • Develop project plan
    • Administer and monitor a project
    • Finalise project
    • Review project
BSBREL401A
  • Establish networks
    • Develop and maintain business networks
    • Establish and maintain business relationships
    • Promote the relationship
BSBCUS402A
  • Address customer needs
    • Assist customers to articulate needs
    • Satisfy customers' complex needs
    • Manage networks to ensure customer needs are addressed
BSBSMB405A

Entry requirements

Minimum education

  • Year 10 or equivalent OR
  • relevant qualification OR
  • relevant vocational experience.

Minimum age

Minimum age of 16 years. If you are under 18 your application must be signed by a parent or guardian.

Computer requirements

Students will need access to a computer and the internet. For students who do not have access to either a computer or the internet please contact a course and careers adviser to discuss alternative methods of communication.

Minimum specifications for the computer are:

  • Microsoft Office 2003 or equivalent and
  • Microsoft Windows 2000 or Mac OS X and
  • CD-ROM drive.

Students will also need access to a printer and the following applications:

  • Adobe Acrobat Reader and
  • Macromedia Flash player.

English language requirements

If English is not your first language and you did not complete the last two years of secondary education in English, you are required to provide evidence of English language competency before enrolling into the course. Examples of appropriate evidence are listed below:

Evidence

Example

IELTS Overall score of 5.5
TOEFL 530 (paper), 197 (computer) or 71 (internet)
12 months in English-speaking employment Testimonial, statutory declaration
Students who successfully complete the Certificate IV in Small Business Management may go on to further studies in this discipline.
Masoud Tymouri

Masoud Tymouri

Masoud Tymouri, our business, human resources, management and occupational health and safety trainer, is highly experienced in training and assessing both local and international students.

The expertise that Masoud has developed during 18-plus years of practical experience is supported by a lengthy list of qualifications. He has successfully completed a Master's of Leadership & Management in Education, Postgraduate Certificate in Educational Studies, Bachelor's of Business, Advanced Diploma of Management, Advanced Diploma of Management (Human Resources), Diploma of Occupational Health & Safety and Certificate IV in Workplace Training & Assessment.

Masoud brings all his knowledge and experience to his training role at Open Colleges, and provides every support to his students throughout their learning experience.

Megan Funston

Megan Funston

With a deep commitment to the online learning environment, Megan Funston is the ideal trainer for this course.

Megan was living on a sheep station in the middle of nowhere when she first developed a passion for distance education, courtesy of her children's experiences with the Kalgoorlie School of the Air. She subsequently received her Bachelor of Arts (Education Studies) through Murdoch University.

A position as flexible learning coordinator with Curtin University of Technology was the start of a career that encompassed varied roles. These included e-learning, AQTF compliance, projects for remote Aboriginal communities and a memorable two years designing and delivering e-resources for the African Virtual University to students in Tanzania, Rwanda, Kenya and Ethiopia.

Most recently, Megan has delivered the Certificate IV in Training & Assessment to clients in mining and other industries, and the Diploma of Business to international students attending the Sarawak, Borneo campus of Curtin University.

Possible Jobs for this Course include: Storeperson We are currently seeking an experienced Store person for one of our clients. This position is starting ASAP and will be casually on-going, Monday -Friday. Full time hours on offer. Pay rate is $21.50 p/h. This is a Temp-Perm opportunity for the right cand... Read MoreRead More
Life Coaches Wanted -Self Employment YB 12 Coaches are trained and supported by us to make a difference in the lives of people. As a YB 12 Coach you can choose to work with individuals clients, small groups or even employee groups of businesses. We offer our Youth potential program for teena... Read MoreRead More
Casual or Full Time Food & Beverage Attendants - Bistro, Restaurant, Bar, Gaming, Functions Are you looking for a career in hospitality? Are you an ALL ROUNDER? Do you thrive in high pressure, fast paced environments? We are looking for highly self-motivated staff with experience working in pubs. This role offers the possibility to work in a num... Read MoreRead More
Seeking Experienced Assistant Restaurant Manager in Mackay! APPLY NOW! National Hospitality Company! Fabulous Mackay location! Generous salary of up to $45K + S + B! My client is an industry leader in their field and has been in the business for over 25 years. They offer long term job stability, ongoing career development an... Read MoreRead More
Fashion Store Manager - Morley Location - Stunning product and amazing bonuses Opportuntity to progress career into many different facets of retail Generous staff discounts on all products (and they are stunning products) Attractive bonus structure to reward your hard work (bonuses paid monthly) Experienced retail store manager requ... Read MoreRead More
Store Manager - Luxury Accessories - Chatswood Fantastic role for an experienced Store Manager Continue your career with an Australian luxury brand Chatswood Location My client is a leading premium brand Australian retailer synonymous with innovative and beautiful designs with a focus on luxury. Their... Read MoreRead More

Available payment options

Pay Just $52.71 per week with a $100.00 deposit
or
Pay in full $2,104.00 and save $526.00
Fortnightly and monthly payment plans are also available through EduPay. Click Enrol Now and choose a payment plan or call a Course and Careers advisor on 1300 853 033 for more details. (Prices shown are for the online study option only. A surcharge is applicable for the print study option).

Government Funding

In some instances, students may be eligible for Austudy, Centrelink or other government-funded programs to help with study. Please check with Centrelink regarding eligibility, or contact a course and careers advisor on 1300 853 033.

Work Placement

Why is a Work Placement Required?

This course includes 140 hours of work placement. Work placement is required to ensure that the student is able to demonstrate and apply what he or she has learnt in an industry context. Work placement ensures the relevance of learning and assessment tasks and helps to produce graduates who are job ready and thereby increase employment opportunities.

Workplace assessments and training must be undertaken in workplace organisations that are suitable for the course. The student must be under the direction of an appropriately qualified and experienced supervisor. The workplace assessments will be conducted by Open Colleges Workplace Assessors, who will contact both the workplace organisation and the student to arrange mutually convenient times to conduct the workplace assessments.

Open Colleges will assist students to identify work placement opportunities in an appropriate organisation however, it is the responsibility of the student to find and complete the work placement. In the event that the student has previously arranged a work placement Open Colleges will check the suitability of this arrangement.

Open Colleges will make reasonable efforts to organise for assessment to be conducted in the workplace however, the student may be required to attend assessment events at other locations. If the student does not complete a mandatory work placement within the duration of the course Open Colleges is not permitted to issue the qualification.

You will need to complete this part of your studies in an Australian workplace.

Insurance

Open Colleges is pleased to offer our students insurance cover for any mandatory work placement they undertake as part of their course.

Please note that this policy does not provide professional indemnity coverage.

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