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BSB40320 Certificate IV in Entrepreneurship & New Business

Develop the skills you need to make your business successful

Duration
4 terms plus 7 Saturdays
Delivery Location
Delivery Mode
Accredited

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Funding
Funding Options

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BSB40320 Certificate IV in Entrepreneurship & New Business overview

The qualification provides training to teach you how to establish legal and risk management requirements, develop a small business plan including finances, market your business, develop customer service strategies, promote innovation, promote products and services, recruitment and selection of staff and more.

Whether you’re already involved in an established operation or considering setting up your own small business venture, this course will help you develop the skills you need to make your business successful.

 

Employment opportunities with this qualification include:

  • Establishing or operating a business providing self-employment
  • Establishing a new venture as part of a larger organisation

What you need to know about this course?

  • The College offers part time evening courses. See below for class options.
  • Attendance at the weekly sessions is online by Virtual Classroom using Zoom (see below for online learning requirements) with any timetabled Saturday classes (5 to 7 sessions throughout the year) on campus.
  • The course is delivered using a blended learning model which includes timetabled classroom/virtual classroom attendance and weekly flexible directed self study hours.
  • Students will need to allow regular weekly hours (approx 10-15) throughout the course for directed self study for the completion of learning and assessment tasks.
  • There are no classes during school holidays.
  • The Saturday sessions are delivered in the College’s fully equipped training room by our qualified and industry experienced trainer/assessor.
  • 10 units of competency must be successfully completed to achieve this qualification.
  • A timetable will be provided on course commencement detailing theory and practical training sessions.
  • The resources for this course will be delivered via our NBMC learning management system, CANVAS. Training to use CANVAS will be provided at the beginning of the course. Once access to the course resources is provided, students can either print them and bring them along to class, or access them electronically via their personal laptop. Students enrolling must have access to the following:

– A laptop / computer
– The internet
– A scanner, or a scanner app downloaded on their smart phone

 

Student Support

Please advise our Training Coordinator at your initial telephone or personal meeting if you require additional support in your learning. This will allow a support plan to be devised before you commence your course.

 

Are there Assessments?

  • Competency based assessment of each unit of competency in the course will be conducted through a mix of assessment methods including case studies, theory tasks, projects and practical demonstration.
  • You will receive clear assessment instructions and an opportunity will be provided for resubmission of assessments if required.

 

Available as a Traineeship 

This qualification can be completed through a traineeship pathway. Please contact Julie Lindfield at julie@nbmc.nsw.edu.au or call 9970 1009 for further information. New entrant traineeship: $0.

 

Virtual Classroom Using Zoom 

Zoom is easy to use video conferencing software with a simple set up. You will be able to see your trainer and classmates and interact as though you were in the same room, all from the comfort of your own home!

This is what you need to join a Zoom classroom:

  • Understanding the basics of using Zoom – see our free Zoom tutorial by clicking here.
  • Access to a computer, iPad/tablet or smartphone; and
  • A webcam* so that you can be seen by the trainer; and
  • A microphone* so that you can participate in the class and be heard by the trainer; and
  • A good Internet connection.

*If you have a laptop computer a webcam and microphone is usually built into the top of the screen frame. Smartphones and iPad/tablets also contain cameras and microphones

 

To Enrol or For Further Information

  • Commence the enrolment process by completing the online application process. On receipt of the application our Training Coordinator will be in touch.
  • Contact Julie Lindfield on 9970 1051 or email julie@nbmc.nsw.edu.au for further information.

Training in priority qualifications is fee-free and fully funded by the NSW and Commonwealth Governments

 

  • Telephone or personal meeting with our Training Coordinator who will provide course information and answer your questions to ensure this is the right course for you before you enrol.
  • Unique Student Identifer (see information below).
  • Successful completion of an NBMC English language, literacy and numeracy quiz to determine that you have appropriate skills to successfully complete the course.
  • Good computer skills. If you require basic computer training, please ask us about our Essential Computer Skills course.

To achieve this qualification, the candidate must demonstrate competency and successfully complete:

10 units of competency –

  • 4 core units
  • 6 elective units.

Once successfully completed the student will receive the nationally recognised industry qualification – BSB40320 Certificate IV in Entrepreneurship & New Business.

Unit CodeUnit Name
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

We have selected the following electives which meet industry requirements

Unit CodeUnit Name
BSBESB301 Investigate business opportunities
BSBESB302 Develop and present business proposals
BSBESB305 Address compliance requirements for new business ventures
BSBHRM415 Coordinate recruitment and onboarding
BSBTWK401 Build and maintain business relationships
BSBPMG430 Undertake project work

If you have a specific elective in mind which is not listed above, please let us know in your interview process.

To have this qualification awarded, you must complete all 4 core and 6 elective units.

Recognition of Prior Learning

Northern Beaches & Mosman College recognises that you may be able to demonstrate a particular competency based on prior learning, skills gained in the workforce, or skills otherwise gained.

Recognition of prior learning (RPL) can be granted if you can demonstrate competency in all the performance criteria in the elements of a particular unit of competency (from a training package) or all the learning outcomes in a particular module (from an accredited course).

 

If you think you may be eligible for RPL in a prospective course, please contact the College for an initial discussion as to your suitability at least 2 weeks before the course commences, or for late enrolments, you must advise the Training Coordinator on enrolment. Students then have 3 weeks to lodge a fully completed application with all supporting documentation.  Supporting and current evidence must be submitted with your application. It is the student’s responsibility to provide the evidence to support their claim for RPL. As RPL must be considered and assessed through one-on-one interaction between the applicant and assessor, the course fee remains the same (unless otherwise determined by a funding contract).

 

Applications received after this time will not be considered. Please be aware, if any of the training for units of competency for which you are applying for RPL are delivered while your application is still being considered, it is strongly recommended that you attend the related classes as we cannot guarantee that your application for RPL will be successful. As a guide the process will take between 2 and 4 weeks once your application has been submitted.

 

Steps in the RPL Assessment Process

If you decide you would like to investigate the possibility of RPL further:

 

Step 1 – Request a formal RPL Application Pack from NBMC

The pack will include an application form and details of the units of competency and competency skills required within the relevant qualification. The application must be fully completed with as much supporting documentation as possible before being returned to NBMC. Ensure that all the evidence that you provide is relevant to the units of competency for which you are applying for RPL. The more comprehensive the evidence is, the easier and faster the assessment process will be. You have 3 weeks on receiving the application to complete and return it to NBMC.

 

Step 2 – Conversation with Assessor

If required, the assessor will conduct a competency conversation with you. You will be required to answer questions related to the industry area to identify your current skills.

 

Step 3 – Practical demonstration of your skills

If required, the assessor will conduct a practical skills test at your workplace (if appropriate) or at another suitable venue. This, again, is an opportunity to demonstrate your level of competence. This assessment will be focussed on skills that are required in the qualification. Your assessor will identify the skills that he/she will want you to demonstrate.

 

Further steps

After the assessment, your assessor will give you information about the skills that have been recognised and whether you have gained any of units of competency applied for through RPL.

 

Credit Transfer

Northern Beaches & Mosman College recognises Australian Qualifications Framework (AQF) qualifications and Statements of Attainment issued by other Registered Training Organisations (RTO) where the Training Package guidelines allow it.

 

If you have a current qualification from another RTO that you wish to seek credit for (towards a course offered by NBMC) you can apply to the College for recognition of this achievement, including Credit Transfer where appropriate.  You will be required to give permission to NBMC to verify the authenticity of the qualifications provided by contacting the issuing Registered Training Organisation or by checking your Unique Student Identifier records.

 

You must make this application within one week of the commencement of the course.

 

Credit Transfer may only be awarded for whole units of competence that meet the packaging rules of the Qualification they are enrolled in. Where a mapping guide identified a partial credit, this will not be considered for credit transfer, and the applicant will be advised to seek RPL.

The Certificate IV in Entrepreneurship & New Business can provide a pathway to a Diploma level qualification from the Business Services Training Package.

From 1 January 2015 it is a requirement of the Federal Government that all students undertaking nationally recognised training will need to obtain a Unique Student Identifier (USI). This involves an easy online application. See USI Fact Sheet for information on how to apply for a USI go to the Unique Student Identifier (USI) Website for additional information. Please ensure when completing your enrolment information, that the details relating to your name are identical to those on the identification evidence (eg passport or driver’s licence) used when creating your USI, eg no abbreviations or nicknames should be used. Once created, it is important that you keep a record of your USI and access to your accredited training records in a safe place. You will need this information for any future enrolments into accredited training in Australia. Please contact the College on 9970 1000 if you require assistance.

Enjoy smaller class sizes, a personalised relationship with your trainer, face-to face teaching sessions and qualifications that include real life work experience, when you choose to study at Northern Beaches & Mosman College. (NBMC)

With classes available across the Northern Beaches and Lower North Shore in Brookvale and Mosman, the College offers increasing numbers of accredited and vocational qualifications. Students include those looking to upskill, to change career direction and school leavers keen to step onto a career pathway. Courses on offer can lead directly to employment and/or go towards future learning opportunities.

The NSW and Federal Governments have signed an agreement to deliver more fee free vocational education places in NSW in 2025 and 2026. Funding is being rolled out in stages and for priority qualifications, including Certificate IV in Entrepreneurship & New Business. The next funding period is for training to commence between 1 July and 31 December 2025.

IT IS RECOMMENDED THAT APPLICATIONS TO STUDY IN TERM 3 2025 ARE SUBMITTED BY NO LATER THAN JUNE 2025.

To be eligible you must be:

  • an Australian Citizen/Perm Resident/NZ citizen/humanitarian visa holder or a partner visa holder whose sponsor is a humanitarian visa holder
  • aged 15 years or older, and
  • live or work in New South Wales, and
  • no longer be at school or equivalent (excluding registered home schooled)

If you meet the above criteria, along with the Course Entry Requirements, you can apply to study this course fee free (includes course resources).

Fee-free places are subject to availability and cannot be guaranteed.

 

TitleFee
Exempt or NSW Fee Free $0
Concession $240
If no prior post school qualification $1580
If a post school qualification has previously been completed $1850
If not eligible for Smart & Skilled $7500

If there are no NSW Fee Free places available and you wish to enrol under the subsidised Smart & Skilled Program, the course cost can be paid:

  • In full if the course cost is less than $1500
  • By two instalments – half on enrolment and half midway through the course
  • An interest-free payment plan paying $240* on enrolment, followed by fortnightly direct debit payments (an initial admin charge of $10 will be added for direct debit set up)
  • By Cash, Cheque, Visa or MasterCard

If not eligible for subsidised training course cost is $7,500 – please contact us for payment options.

*Enrolment instalment is payable on acceptance into the course.

Cert IV Entrepreneurship Tile

Enrol Now

Below are our available intakes to the  BSB40320 Certificate IV in Entrepreneurship & New Business. Select the intake you wish to enrol into and complete the Online Enrolment Form

Available Intakes

Name Course Start Date Course End Date Apply
2025 Term 3 - Mon - 6pm to 9pm - Zoom - Trainer: Philip John 04/08/2025 17/08/2026 Click here

Funding Eligibility Calculator

Find out if you are eligible for Government Funding with our easy to using Funding Eligibility Calculator.

To apply, check your eligibility for Government funding first.

You are eligible for NSW Fee Free funding

Name Course Start Date Course End Date Cost
2025 Term 3 - Mon - 6pm to 9pm - Zoom - Trainer: Philip John 04/08/2025 17/08/2026 $0.00

You are not eligible for NSW Fee Free funding. Enrol below with Fee-for-Service rates

Name Course Start Date Course End Date Cost
2025 Term 3 - Mon - 6pm to 9pm - Zoom - Trainer: Philip John 04/08/2025 17/08/2026 $0.00

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deciding?

If you have any questions related to the BSB40320 Certificate IV in Entrepreneurship & New Business please enquire here.  Alternatively you can email one of our course-cordinators here