NRT-Logo"/

BSB40320 Certificate IV in Entrepreneurship & New Business

Develop the skills you need to make your business successful

Duration
4 Terms plus 7 Saturdays
Delivery Mode
Accredited

NRT-Logo"/

Funding
Funding Options

Share This Course

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. To review the list of units scroll down and click on the Accredited Units tab below to review both the core and preselected elective units.
  • 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. Training to access and navigate NBMC LMS 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

In additions a student must be comfortable in completing the following tasks on a laptop/computer:

  • Downloading and uploading templates
  • Saving documents to folders
  • Easily accessing/locating files on their computer quickly
  • Using tables to complete templates
  • Able to minimise, reduce page size, open files
  • Participants will also need to have access to Microsoft Word or Google docs

 

Student Support

Please advise our Training Coordinator during your initial telephone or in-person meeting if you require additional learning support. This allows a support plan to be developed before you commence your course. Support services may be available for students with a disability, impairment or long-term condition, and/or learning, language, literacy or numeracy difficulties. As outlined in the Terms and Conditions of Enrolment, students are encouraged to contact the College at the time of enrolment to confirm whether appropriate support can be provided for their individual needs.

Throughout your studies, you may experience personal challenges that could affect your enrolment. This may include stress at home, difficulties at work, financial pressures, or other personal issues. Our Wellness Coordinator is available to assist as needed. If you are experiencing stress or facing personal difficulties, please inform your Trainer or Training Coordinator, who can refer you to the Wellness Coordinator.

All conversations with the Wellness Coordinator remain confidential unless disclosure is required by law or you provide consent for relevant information to be shared with your Trainer. Counselling offers a confidential space where you can discuss concerns that may be impacting your academic performance or mental health and wellbeing. All NBMC counselling services are free and available to all students. Please note that counselling at NBMC is short-term; if you require ongoing or long-term support, we can provide details for an appropriate external provider.

 

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 course cost is currently fee free. You can also learn more about traineeships here – https://nbmc.nsw.edu.au/course-funding-option/traineeship/

 

Virtual Classroom 

Microsoft Teams is an easy-to-use video conferencing and collaboration platform with a simple setup. You’ll be able to see your trainer and classmates and interact just as you would in a face-to-face classroom, all from the comfort of your own home.

To join a Microsoft Teams classroom, you will need:

  • A basic understanding of how to use Microsoft Teams.
  • Access to a computer, iPad/tablet, or smartphone; and
  • A webcam* so your trainer can see you; and
  • A microphone* so you can participate in discussions; and
  • A reliable internet connection.

*Most laptops come with built-in webcams and microphones. Smartphones and tablets also include cameras and microphones. A tablet or smartphone is only suitable for viewing Teams meetings, a computer is required to access resources and submit assessments in our Learning Management System.

We have a simple instructional video to help you get started, which can be viewed by clicking here.

Please note: Students must watch our Microsoft Teams instructional video before enrolling in any course they plan to attend via Teams if they are not already confident using Teams.

 

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 in the tab 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 be awarded this qualification, a student must complete and demonstrate competency in all 10 units, 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 elements and performance criteria in the elements of a particular unit of competency (from a training package).

 

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: https://www.usi.gov.au/students/get-a-usi . 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. The next funding period is for training to commence between 1 January 2026 and 1 June 2026.

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.

NOTE: NSW Fee Free applications for Semester 1 2026 are limited. Where NSW Fee Free applications are exhausted applications for subsidised enrolments under the Smart & Skilled Program are still being accepted. See fee structure below. No payment required until application has been approved.

This training is subsidised by the NSW Government.

For further information, please contact Julie Lindfield, Training Coordinator at julie@nbmc.nsw.edu.au or phone 9970 1051.

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
2026 Term 1: Tues 6pm to 9pm Virtual Classroom (5 x Sat 9.30am-3.30pm Brookvale Campus) Trainer: Philip John 17/02/2026 16/02/2027 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
2026 Term 1: Tues 6pm to 9pm Virtual Classroom (5 x Sat 9.30am-3.30pm Brookvale Campus) Trainer: Philip John 17/02/2026 16/02/2027 $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
2026 Term 1: Tues 6pm to 9pm Virtual Classroom (5 x Sat 9.30am-3.30pm Brookvale Campus) Trainer: Philip John 17/02/2026 16/02/2027 $0.00

Need some help
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