background-circle
Business & leadership

Certificate IV in Entrepreneurship and New Business

SKU:BSB40320

It’s time to achieve your career goals of running your own business. Gain the specialised skills to launch your business, set it up for long-term success, and transform yourself into a confident, capable business owner along the way.
  • Flexible payment options
  • Study to fit into your routine
  • Nationally recognised accreditation
  • Start studying as soon as you enrol
  • No exams, ever.
overlay
Feel right in your decision
Certificate IV in Entrepreneurship and New Business

Is this course right for me?

We speak with students everyday who aren’t sure if this is the right course or institution for them. Here are some quick links to help you decide.

Studying with Open Colleges What our students say
overlay
Certificate IV in Entrepreneurship and New Business

Select Payment Option

Pay in weekly instalments

Pay as you go

Save 12%


Pay in 78 instalments over the length of your course.

$62.94

Weekly

Total course cost: $5,110.00

Save $700.00

was $5,810.00


Pay Upfront

Save 35%


$3,776.50

Save $2,033.50

was $5,810.00

overlay
Feel right in your decision
Certificate IV in Entrepreneurship and New Business

Get a course guide

Receive your free course guide and a consultation with an Enrolment Consultant.

By downloading the Course Guide, you agree to our Privacy Policy and receiving email and other forms of communication from us. You can opt-out at any time.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

overlay
Feel right in your decision
Certificate IV in Entrepreneurship and New Business

Speak with our team

Have questions about studying? or generally looking to get an insiders view if this course is the right fit for you? Find a time to chat with our team below

Find a date & time

By downloading the Course Guide, you agree to our Privacy Policy and receiving email and other forms of communication from us. You can opt-out at any time.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Choose date and time
Certificate IV in Entrepreneurship and New Business

Intro to Certificate IV in Entrepreneurship and New Business

Take your Career into your own Hands

Our nationally recognised BSB40320 Certificate IV in Entrepreneurship and New Business will equip you with the practical business skills you need to take your big idea to the next level. You will be equipped with core business skills to navigate the complexities of starting and running a business and you’ll gain the skills, knowledge, and confidence to become an entrepreneur.

Extra Benefits

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.
background-circle

Common job Outcomes

  • New Small Business Owner
  • New Venture Manager

Job Skills

  • Critical thinking
  • Team management
  • Effective communication skills
  • Complex problem solving
  • Leadership skills
  • Customer service
  • Managing finances
  • Marketing strategies
background-circle

Course breakdown

What you’ll learn in this course

This dual qualification will equip you with complex problem-solving skills, team management, and how to look after the professional and personal development of employees to effectively lead a team to success.

Certificate IV in Entrepreneurship and New Business

BSBTWK401
Build and maintain business relationships
  • Establish business relationships
  • Maintain business relationships
  • Build and improve business relationships
BSBESB402
Establish legal and risk management requirements of new business ventures
  • Identify legal and risk management requirements relating to business
  • Implement procedures and processes to comply with legislative and regulatory requirements
  • Negotiate and arrange contracts
  • Mitigate business risks
BSBTEC301
Design and produce business documents
  • Select and prepare resources
  • Design document
  • Produce document
  • Finalise document
BSBESB401
Research and develop business plans
  • Prepare to develop business plan
  • Draft business plan
  • Create a business plan
  • Finalise business planning and plan for risk
BSBESB404
Market new business ventures
  • Develop marketing strategy for business venture
  • Establish marketing mix for the business venture
  • Implement marketing strategy
  • Evaluate marketing performance
5/ modules
View all
The assessors were very encouraging and provided easy to understand feedback should the assessment need to be resubmitted.
Overall, I was very happy with the structure by Open Colleges. Mostly easy to understand criteria and great support from all assessors. Will highly recommend to friends and colleagues.

Studying with Open Colleges

Study designed to
fit into your routine

What ever your reason for study, our courses are
designed to fit into your routine. 

  • No exams, ever.

    We mean it. Instead, assessments range from open book multiple choice quizzes, portfolios, videos & written assessments

  • Flexible study to fit into your routine

    Study anywhere at any time with 24/7 access to your units.

  • A learning platform optimized for online study

    Our courses are curated to maintain engagement across video, written content, assignments & audio.

Envision your routine while studying with Open Colleges

How quickly do you want to finish your course?

  • 24 months
  • 18 months
  • 12 months
Learn more about online study
  • Daily routine
  • 07:00 am - 08:00 am

    Coffee + Study

  • 08:00 am - 09:00 am

    Morning routine + commute

  • 09:00 am - 01:00 pm

    Work

  • 01:00 pm - 02:00 pm

    Lunch + Study

  • 02:00 pm - 05:00 pm

    Work

  • 05:00 pm - 06:30 pm

    Evening routine

  • 06:30 pm - 07:30 pm

    Study session

  • 07:30 pm - 08:30 pm

    Break

  • 08:30 pm - 09:30 pm

    Study session

  • 09:30 pm - onwards

    Relax

Study for a minimum 20 hours per week to complete modules in 12 months

  • Daily routine
  • 07:00 am - 08:00 am

    Coffee + Study

  • 08:00 am - 09:00 am

    Morning routine + commute

  • 09:00 am - 05:00 pm

    Work

  • 05:00 pm - 06:30 pm

    Evening routine

  • 06:30 pm - 07:30 pm

    Study session

  • 07:30 pm - 08:00 pm

    Break

  • 08:00 pm - 09:00 pm

    Study session

  • 09:00 pm - onwards

    Relax

Study for a minimum 13.3 hours per week to complete modules in 18 months

  • Daily routine
  • 07:00 am - 08:00 am

    Coffee + Study

  • 08:00 am - 09:00 am

    Morning routine + commute

  • 09:00 am - 05:00 pm

    Work

  • 05:00 pm - 06:30 pm

    Evening routine

  • 06:30 pm - 07:30 pm

    Study session

  • 07:30 pm - onwards

    Relax

Study for a minimum 10 hours per week to complete modules in 24 months

Your course may include work placement which will be completed in addition to weekly study blocks.

We'll help you study smarter! 

Get in touch for tailored study advice

Our passionate team

Your trainer

Tanya Galey
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.
Michelle Badato
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.
Kimberly Kim
Kimberly has over 11 years’ experience in training and assessment in tertiary and vocational education and training institutes.  She has also run her own public accounting and tax practice for over two years, after 10 years of working in tax and accounting field.
overlay

Tanya Galey

Business & Leadership
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.
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.
overlay

Michelle Badato

Business & Leadership
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 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.
overlay

Kimberly Kim

Accounting & Finance
Kimberly has over 11 years’ experience in training and assessment in tertiary and vocational education and training institutes.  She has also run her own public accounting and tax practice for over two years, after 10 years of working in tax and accounting field.
Kimberly has over 11 years’ experience in training and assessment in tertiary and vocational education and training institutes.  She has also run her own public accounting and tax practice for over two years, after 10 years of working in tax and accounting field. Kimberly holds a Masters of Business Administration majoring in Professional Accounting and is a Certified Professional Accountant with a passion for teaching.

Frequently Asked Questions

Are your courses self-paced?

icon

Yes, they are! With Open Colleges, you’re in charge. There are no exams, or set timetables, so you can learn at your own pace. This means that if you have the time, you can dedicate more hours a week to studying and finish your course earlier. Or you can choose to study without pressure over a longer period of time.

Are your courses free?

icon

Unlike a TAFE, which is government owned, Open Colleges is a privately owned RTO (Registered Training Organisation.) This means that we are an independent entity, and we don’t receive any government funding. For this reason, our courses are not free. If you have any questions about our pricing, please feel free to contact our friendly Enrolment Consultants.

Are your courses nationally recognised?

icon

Yes, they are! Open Colleges offers nationally recognised Certificates and Diplomas under the Australian Qualifications Framework (AQF). This means that our Certificates and Diplomas meet specific national standards and have been developed in consultation with industry experts to provide the most workplace relevant training. Qualifications from Open Colleges also carry the same level of recognition as courses delivered on-campus in a classroom setting. So, when you study with OC, you can rest assured that you are receiving quality education.

Study and pay, your way

Payment Options

Pay Upfront
Save 35%
$3,776.50 Save $2,033.50
was $5,810.00
Week to week
Pay as you go
Save 12%
Pay in 78 instalments over the length of your course.
$62.94 Weekly
Total course cost: $5,110.00
Save $700.00
was $5,810.00
Full course breakdown
TBD

Take your first step towards an exciting new career

Start with Open Colleges Now