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One idea is all it takes to start making things happen.
Take the guesswork out of launching your business venture and turn your big idea into a viable success. With Open Colleges’ BSB40320 Certificate IV in Entrepreneurship and New Business you’ll gain a strong set of skills across all the key areas of business management.
This course has been designed for Entrepreneurs and Small Business Owners to provide you with foundational skills across key areas; including small business strategic planning, financial management, marketing, and operations.
If you’re looking to launch a new small business or venture, or want to learn the skills to help make your existing business a success, then this course has been designed for you.
When you complete your first module, you can make application for a free 12-month membership with Flying Solo, which will give you access to a range of benefits, such as access to newsletters, webinars, events, discussion forums, flying solo book and Flying Solo directory. There are also promotional spots for the student’s small business on the Flying Solo website.
If you are an existing worker or have experience in the related industry, please inform our enrolment consultants during your enrolment conversation. You may be eligible to enrol as an existing worker and complete your studies faster. Please note - limitations do apply.
| Course number | E1369 |
| Qualification name | BSB40320 Certificate IV in Entrepreneurship and New Business |
| Course duration | 24 months |
| Delivery Method | Online |
| Recognition | Nationally Recognised  |
| Assessments | Demonstrations and Presentations, Knowledge tests, Multiple choice questions, Short-answer questions, Video/Audio recording, Written reports |
| Awarded by | Open Colleges Pty Ltd (Provider number: 90796) |
There are no mandated education entry requirements for this qualification, per the BSB Business Services Training Package.
There are no mandatory Open Colleges entry requirements.
Recommended Local Entry Requirements
You’ll be required to operate office equipment and resources including telephone, photocopier, scanner and printer in a safe environment that includes an ergonomically sound computer workstation.
This course includes a requirement to record video and/ or audio roleplays. These will require participation by 1-2 other people sourced by you.
Our free online assessment tool can help give you an idea of the language, literacy and numeracy skills needed to study a VET course. This tool can also help you determine your learning level and help you plan your future studies. You can access the Language, Literacy and Numeracy tool here.
Once you are enrolled in this course, you will receive access to the first Module, which contains the first set of units for the course. When you have successfully completed those units, you'll be given access to the next Module.
Open Colleges may make changes to the course from time to time to reflect changes introduced to the relevant Training Package or other regulatory requirements. Please download the course guide for current information about the course and its status.
| BSBTWK401 | Build and maintain business relationships |
| BSBESB402 | Establish legal and risk management requirements of new business ventures |
| BSBTEC301 | Design and produce business documents |
| BSBESB401 | Research and develop business plans |
| BSBESB404 | Market new business ventures |
| BSBTEC403 | Apply digital solutions to work processes |
| BSBOPS404 | Implement customer service strategies |
| BSBESB403 | Plan finances for new business ventures |
| BSBESB407 | Manage finances for new business ventures |
| BSBESB406 | Establish operational strategies and procedures for new business ventures |
Pay in Full
You can choose to pay your course fees in full upon enrolment and benefit from a 10% discount (unless otherwise advertised).
Pay 50% & Payment Plan Combo
You can also choose to pay 50% of your total course fees upon enrolment and the balance on a Payment Plan. When you do, you’ll benefit from 50% of the standard Pay in Full discount (unless otherwise advertised).
Payment Plan
You can choose to pay for your course in weekly or fortnightly instalments. By paying in instalments, you can schedule your payments around your regular outgoings and get ahead without breaking the bank. Open Colleges payment plans are interest-free.
BPAY®
With BPAY®, you’re able to pay quickly and securely, 24/7 through your internet, mobile or phone banking service. You can choose when, how much and from which account to pay from - whatever works for you. BPAY® is only available when paying in full. Call an Enrolment Consultant to find out more.
BPAY® is a trademark of BPAY Pty Ltd ABN 69 079 137 518. Check if BPAY® is right for you by reading the terms and conditions available from your Financial Institution.
Holly is an enthusiastic and dedicated professional with over 20 years experience in business administration, account management, marketing and print. She has also been working within the education and training industry since 2013, in both a face-to-face and online capacity and is passionate about the power of education. Holly runs a small online business and holds a position on the Australian Institute of Office Professionals (AIOP) WA Division Committee.
Holly holds a Bachelor of Commerce, Diploma of Business Administration, Diploma of Business, Diploma of Marketing Communication, Diploma of Social Media Marketing, Certificate IV in Training & Assessment and a Certificate III in Printing & Graphic Arts.
Michelle is a Social Media Marketing Guru with over 10 years’ experience in Social Media Management, Digital Marketing and Online Communications. She also has a strong background in digital engagement, content creation and creative design. Michelle currently works across a range of industries including sports fitness, not-for-profit, travel, professional services, industrial, construction, agriculture and chemistry.
Michelle completed a Diploma of Social Media Marketing, a Bachelor of Communications (Public Relations) and holds a Cert IV in Training and Assessment.
Tanya has many years of experience working in the Airline Industry through her role at World Aviation Systems who represent various airlines here in Sydney (Air Tahiti Nui and Hawaiian Airlines to name a few). She has extensive knowledge of Sales, marketing, reservations and the general business operations of an Airline. Through her role at World Aviation she travelled extensively and gained knowledge on various destinations first hand. Tanya has been teaching Certificate III and Diploma of Tourism for the past 10 years to pass on her passion/knowledge for the Tourism Industry to her students. Recently Tanya has received her Certificate IV in Business Administration to supplement her current role as Operations Manager of a financial planning firm. While still consulting with the travel industry she has been in the financial Industry for the past 5 years developing relevant policies/procedures and complying with regulatory practices.
Tanya’s qualifications are Diploma of Tourism, Certificate IV in Tourism, Certificate III in Tourism , Certificate IV in Training & Assessment and Certificate IV in Business Administration.
Students of this course will receive a membership to these organisation(s)
Since 2005, Flying Solo has been at the forefront of the soloism movement in Australia, and today has a community of over 100,000 with many more joining across our social networks. Flying Solo exists to support those who have chosen their own path, often turning their backs on traditional careers, to create a new way of living and working.
Selected course fees when you pay upfront.
Voucher code: 35MARCH26
Offer ends on Sunday 26th March 2023 at 11:59pm AEST.
Course at a Glance
Online
Flexible payment options available
Nationally recognised
Course at a Glance
Online
Flexible payment options available
Nationally recognised
Selected course fees when you pay upfront.
Voucher code: 35MARCH26
Offer ends on Sunday 26th March 2023 at 11:59pm AEST.
One idea is all it takes to start making things happen.
Take the guesswork out of launching your business venture and turn your big idea into a viable success. With Open Colleges’ BSB40320 Certificate IV in Entrepreneurship and New Business you’ll gain a strong set of skills across all the key areas of business management.
This course has been designed for Entrepreneurs and Small Business Owners to provide you with foundational skills across key areas; including small business strategic planning, financial management, marketing, and operations.
If you’re looking to launch a new small business or venture, or want to learn the skills to help make your existing business a success, then this course has been designed for you.
When you complete your first module, you can make application for a free 12-month membership with Flying Solo, which will give you access to a range of benefits, such as access to newsletters, webinars, events, discussion forums, flying solo book and Flying Solo directory. There are also promotional spots for the student’s small business on the Flying Solo website.
If you are an existing worker or have experience in the related industry, please inform our enrolment consultants during your enrolment conversation. You may be eligible to enrol as an existing worker and complete your studies faster. Please note - limitations do apply.
| Course number | E1369 |
| Qualification name | BSB40320 Certificate IV in Entrepreneurship and New Business |
| Course duration | 24 months |
| Delivery Method | Online |
| Recognition | Nationally Recognised |
| Assessments | Demonstrations and Presentations, Knowledge tests, Multiple choice questions, Short-answer questions, Video/Audio recording, Written reports |
| Awarded by | Open Colleges Pty Ltd (Provider number: 90796) |
There are no mandated education entry requirements for this qualification, per the BSB Business Services Training Package.
There are no mandatory Open Colleges entry requirements.
Recommended Local Entry Requirements
You’ll be required to operate office equipment and resources including telephone, photocopier, scanner and printer in a safe environment that includes an ergonomically sound computer workstation.
This course includes a requirement to record video and/ or audio roleplays. These will require participation by 1-2 other people sourced by you.
Our free online assessment tool can help give you an idea of the language, literacy and numeracy skills needed to study a VET course. This tool can also help you determine your learning level and help you plan your future studies. You can access the Language, Literacy and Numeracy tool here.
Once you are enrolled in this course, you will receive access to the first Module, which contains the first set of units for the course. When you have successfully completed those units, you'll be given access to the next Module.
Open Colleges may make changes to the course from time to time to reflect changes introduced to the relevant Training Package or other regulatory requirements. Please download the course guide for current information about the course and its status.
| BSBTWK401 | Build and maintain business relationships |
| BSBESB402 | Establish legal and risk management requirements of new business ventures |
| BSBTEC301 | Design and produce business documents |
| BSBESB401 | Research and develop business plans |
| BSBESB404 | Market new business ventures |
| BSBTEC403 | Apply digital solutions to work processes |
| BSBOPS404 | Implement customer service strategies |
| BSBESB403 | Plan finances for new business ventures |
| BSBESB407 | Manage finances for new business ventures |
| BSBESB406 | Establish operational strategies and procedures for new business ventures |
Pay in Full
You can choose to pay your course fees in full upon enrolment and benefit from a 10% discount (unless otherwise advertised).
Pay 50% & Payment Plan Combo
You can also choose to pay 50% of your total course fees upon enrolment and the balance on a Payment Plan. When you do, you’ll benefit from 50% of the standard Pay in Full discount (unless otherwise advertised).
Payment Plan
You can choose to pay for your course in weekly or fortnightly instalments. By paying in instalments, you can schedule your payments around your regular outgoings and get ahead without breaking the bank. Open Colleges payment plans are interest-free.
BPAY®
With BPAY®, you’re able to pay quickly and securely, 24/7 through your internet, mobile or phone banking service. You can choose when, how much and from which account to pay from - whatever works for you. BPAY® is only available when paying in full. Call an Enrolment Consultant to find out more.
BPAY® is a trademark of BPAY Pty Ltd ABN 69 079 137 518. Check if BPAY® is right for you by reading the terms and conditions available from your Financial Institution.
Holly is an enthusiastic and dedicated professional with over 20 years experience in business administration, account management, marketing and print. She has also been working within the education and training industry since 2013, in both a face-to-face and online capacity and is passionate about the power of education. Holly runs a small online business and holds a position on the Australian Institute of Office Professionals (AIOP) WA Division Committee.
Holly holds a Bachelor of Commerce, Diploma of Business Administration, Diploma of Business, Diploma of Marketing Communication, Diploma of Social Media Marketing, Certificate IV in Training & Assessment and a Certificate III in Printing & Graphic Arts.
Michelle is a Social Media Marketing Guru with over 10 years’ experience in Social Media Management, Digital Marketing and Online Communications. She also has a strong background in digital engagement, content creation and creative design. Michelle currently works across a range of industries including sports fitness, not-for-profit, travel, professional services, industrial, construction, agriculture and chemistry.
Michelle completed a Diploma of Social Media Marketing, a Bachelor of Communications (Public Relations) and holds a Cert IV in Training and Assessment.
Tanya has many years of experience working in the Airline Industry through her role at World Aviation Systems who represent various airlines here in Sydney (Air Tahiti Nui and Hawaiian Airlines to name a few). She has extensive knowledge of Sales, marketing, reservations and the general business operations of an Airline. Through her role at World Aviation she travelled extensively and gained knowledge on various destinations first hand. Tanya has been teaching Certificate III and Diploma of Tourism for the past 10 years to pass on her passion/knowledge for the Tourism Industry to her students. Recently Tanya has received her Certificate IV in Business Administration to supplement her current role as Operations Manager of a financial planning firm. While still consulting with the travel industry she has been in the financial Industry for the past 5 years developing relevant policies/procedures and complying with regulatory practices.
Tanya’s qualifications are Diploma of Tourism, Certificate IV in Tourism, Certificate III in Tourism , Certificate IV in Training & Assessment and Certificate IV in Business Administration.
Students of this course will receive a membership to these organisation(s)
Since 2005, Flying Solo has been at the forefront of the soloism movement in Australia, and today has a community of over 100,000 with many more joining across our social networks. Flying Solo exists to support those who have chosen their own path, often turning their backs on traditional careers, to create a new way of living and working.
Open Colleges Pty Ltd ABN 61 000 011 692 Provider Number 90796 | Integrated Care & Management Training Pty Ltd ABN 82 003 899 527 Provider Number 90197 | YourLife Health & Learning Inc t/a Open Colleges School of Health ABN 39 742 730 429 RTO 40049 CRICOS Provider 03733E
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