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BSB42618 Certificate IV in New Small Business

This qualification is suitable for those establishing a small business who use well developed skills and a broad knowledge base to solve a range of unpredictable problems, and analyse and evaluate information from a variety of sources. They may provide leadership and guidance to others, and have responsibility for the output of others.

Potential Career Outcomes

  • Small Business Manager

How will I Learn?

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 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


Prospective students must have a competent level of language and literacy to enrol in this course.

Are there Assessments?

You will be required to complete self study and assessment work in your own time. There is usually a short answer question and small project associated with each unit of competency.

Further Information

Contact Natalie Thornberry on 9970 1001 or email for further information.

Pathway to Further Training

The Certificate IV in Small Business Management provides a pathway to a Diploma level qualification from the Business Services Training Package.

National Recognition

Recognition of Prior Learning (RPL) - is a means of measuring skills acquired through work or life experiences or through qualifications obtained from formal studies or training. Any student who believes they may be eligible for RPL must apply for this at least two weeks prior to the course commencing. If you apply after the course commences it may not be accepted.

Unique Student Identifier (USI)

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 used (eg passport or driver’s licence) 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.


This training is subsidised by the NSW Government under the Smart & Skilled Program. To be eligible you must be

  • an Australian Citizen/Perm Resident/NZ citizen/humanitarian visa holder
  • aged 15 years or older, and
  • live or work in New South Wales, and
  • no longer be at school or equivalent

See Smart & Skilled Funding page for details of the range of eligible benefits. Course fees can be paid by two instalments or an interest free direct debit payment plan. Please contact the College for details on 9970 1000.

Limited fee free scholarships are available for eligible students who are 15-30 years of age and either a Commonwealth Welfare recipient or the dependant of a Commonwealth Welfare recipient. Students with a disability or Aboriginal and Torres Strait Islander students are also eligible for a fee exemption. Evidence of eligibility for a fee exemption will be required.

For any further information, please contact Natalie Thornberry on 9970 1001 or email

Assessments are made against units of competency from the Certificate IV in New Small Business BSB42618.
  • Address customer needs (BSBCUS402)
  • Evaluate and develop small business operations (BSBSMB420)
  • Manage a small team (BSBSMB407)
  • Establish legal and risk management requirements of small business (BSBSMB401)
  • Undertake small business planning (BSBSMB404)
  • Develop work priorities (BSBWOR404)
  • Market the small business (BSBSMB403)
  • Set up and operate a computerised accounting system (FNSACC416)
  • Manage small business finances (BSBSMB421)
  • Establish networks (BSBREL401)

This course has no current classes. Please the waiting list.

Contact us

Narrabeen Annex: 1525 Pittwater Road,
North Narrabeen NSW 2101
Office Hours: 8.30am to 4.30pm, Mon to Fri

Brookvale Campus: Level 1, 14 William St, Brookvale NSW 2100
Office Hours: 8.30am to 4.30pm, Mon to Thur

Post: NBCC Reply Paid 1966, Dee Why NSW 2099

Phone: 02 9970 1000

Registered Training Organisation Code 90113