About this Qualification

This qualification reflects the role of individuals establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation.
These individuals 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.

 

Delivery Mode:

This blended training combines face-to-face classroom sessions, and supported self-paced learning.

 

Qualification:

Upon successful completion, you will receive:

  • BSB40320 Certificate IV in Entrepreneurship and New Business testamur

A Statement of Attainment will be issued for partial completion of the course.

Certificate will be issued under ABV RTO (52592)

 

Enrolment Information:

Students are required to read the Student Handbook and agree to the Terms and Conditions prior to enrolment. All students must satisfactorily complete a Language, Literacy, and Numeracy (LLN) assessment at a minimum of ACSF Level 3 and participate in a course suitability discussion during the pre-enrolment process. Once the enrolment is reviewed, students will receive confirmation of their enrolment. A valid Unique Student Identifier (USI) is mandatory for all students.

 

Units of Competency:

Packaging rules for this qualification require the completion of 10 units of which 4 are core units (unable to be changed), and 6 are elective units (can be selected from a predetermined list by the training provider).

 

Core Units:

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

 

Elective Units:

 BSBESB301 Investigate business opportunities

BSBESB302 Develop and present business proposals

BSBSTR401 Promote innovation in team environments

BSBTWK401 Build and maintain business relationships

BSBXCM301 Engage in workplace communication

BSBOPS304 Deliver and monitor a service to customers

 

What You Need to Provide:

Student attending the course via virtual classroom should have access to a computer/tablet/laptop, speaker, microphone, camera, reliable internet and email access and Microsoft Teams installed.

 

Entry Requirements:

  • Students must be Australian citizens, permanent residents, or have legal rights to study in Australia.
  • Students should have good computer skills, internet navigation abilities for self-study research, be efficient in interpreting and maintaining documents.

 

Assessment Methods:

The evidence gathering process will reflect specific requirements for units within the training package. Each student’s attainment of the units of competency within this qualification is achieved by their successful completion of a range of assessment activities. For each unit of Competency, these activities may include:

  • Written Tests and Case Studies
  • Oral Questions, and
  • Submission of Supplementary Assessment Evidence
  • Project Work

Students are required to demonstrate that they can apply the knowledge and skills learnt in a range of situations and in varying contexts so many of the assessment requirements of the units of competencies will need to be demonstrated on more than one occasion.

 

Course Fees

Please call or email to enquire.

For RPL fees, please refer to the Fees and Charges Policy on ABV website: www.abv.edu.au

 

Further Study Options:

After completing the BSB40320 Certificate IV in Entrepreneurship and New Business, individuals can pursue further skills development in areas such as advanced business management, leadership, marketing, finance, and strategic planning.

 

Other Information:

There are no classes scheduled during Public Holidays.

 

RTO Registration:

Australian Business & Vocational Training (ABV) current registration runs till 30 May 2025.

Refer to Training.gov.au for our training products on scope – https://training.gov.au/Organisation/Details/52592

Course Duration

6 to 24 months through flexible delivery options and personalised learning opportunities.

Career Opportunities

Entrepreneur
Business Owner
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