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BSB40320

Certificate IV in Entrepreneurship and New Business

Achieve your dream of operating your own business by developing skills and a broad knowledge base in this specialised qualification.

Apply now
STUDY LOCATIONS Greater Brisbane
WAYS TO STUDY On campus
NEXT INTAKE Starts anytime Duration: up to 4 months View all intakes
WHAT YOU'LL PAY
Fee-Free TAFE

Fee-Free TAFE is a government initiative covering some or all of your course fees for eligible students. Learn more

$0
Concession

Fee concessions may apply to this subsidised course for eligible students. Learn more

$150
Subsidised

There are a range of government funded courses available for eligible students. Learn more

$650
Full Fee

This is the total course fee. Read more about student loans and payment plans.

$2,990
Eligibility calculator

Course overview

Achieve your dream of operating your own business by developing skills and a broad knowledge base in this specialised qualification.

According to the Australian Bureau of Statistics, the number of small businesses in Australia continues to grow, employing more than 4.7 million Australians and contributing more than $418 billion to the Australian economy.

This course is ideal for small business owners, start-up leaders and entrepreneurs looking to build their business management skills and knowledge. Gain the skills and knowledge to develop core business skills including finances, legal and risk management, marketing, and developing business proposals.

During your studies, you will be guided by an experienced mentor from the business community who will work with you to develop a business plan specifically tailored to grow your business

What can I do?

  • Entrepreneur
  • Small Business Owner
  • Manager

Course outcome:

BSB40320 Certificate IV in Entrepreneurship and New Business

Fee-Free TAFE

The career of your dreams is within reach thanks to Fee-Free TAFE. Follow your passion with over 70 industry-recognised courses to choose from.  With a range of skill sets, certificates and diplomas available, now’s the time to get job ready with Fee-Free TAFE. Learn more

What you will study

The successful achievement of this qualification requires you to complete all core and 6 elective units from the list below.

  • UNIT CODE
  • UNIT NAME

  • UNIT CODE
  • BSBESB401
    Research and develop business plans
    UNIT CODE :
    BSBESB401
    Unit description :
    This unit describes the skills and knowledge required to research and develop business plans for achieving business goals and objectives.
  • UNIT NAME
  • Research and develop business plans

  • UNIT CODE
  • BSBESB402
    Establish legal and risk management requirements of new business ventures
    UNIT CODE :
    BSBESB402
    Unit description :
    This unit describes the skills and knowledge required to identify and comply with legal and risk management requirements of the business or new business venture, including negotiating, creating and planning for legal contracts used within the business, where required.
  • UNIT NAME
  • Establish legal and risk management requirements of new business ventures

  • UNIT CODE
  • BSBESB403
    Plan finances for new business ventures
    UNIT CODE :
    BSBESB403
    Unit description :
    This unit describes the skills and knowledge required to identify financial requirements of a business, including profit targets, cash flow projections and strategies to garner financial support.
  • UNIT NAME
  • Plan finances for new business ventures

  • UNIT CODE
  • BSBESB404
    Market new business ventures
    UNIT CODE :
    BSBESB404
    Unit description :
    This unit describes the skills and knowledge required to develop and implement a marketing strategy that is integrated into the business plan in order to improve the performance of a business venture. It involves analysing and interpreting market data.
  • UNIT NAME
  • Market new business ventures

Ways to study
  • You’ll primarily learn face to face with a teacher in one of our learning spaces such as a classroom or simulated workplace environment. Some of your training may also take place via video or Zoom. Learn more

  • demo View comparison chart
CAMPUS STUDY MODE START DATE DURATION WORKLOAD WHAT YOU'LL PAY
Mt Gravatt
On campus with some online
Anytime
up to 4 months
Part time group mentoring sessions: 3-4 x 2-3 hour workshops plus 3 x 1 hour individual mentoring sessions
  • Fee-Free TAFE: $0

    Fee-Free TAFE is a government initiative covering some or all of your course fees for eligible students. Learn more

  • Concession: $150

    Fee concessions may apply to this subsidised course for eligible students. Learn more

  • Subsidised: $650

    There are a range of government funded courses available for eligible students. Learn more

  • Full fee: $2,990

    This is the total course fee. Read more about student loans and payment plans.

demo

Mt Gravatt

On campus with some online

  • Online Time

    How much of the course will be delivered online. 

    20%
  • On Campus Time
    80%
START DATE

The date the course starts. Apply early as intakes fill up quickly. 

Anytime
DURATION

The total length of time it takes to complete the course.

up to 4 months
Workload

The average amount of time students will need to allocate to study each week.

Part time group mentoring sessions: 3-4 x 2-3 hour workshops plus 3 x 1 hour individual mentoring sessions
WHAT YOU'LL PAY
  • Fee-Free TAFE: $0

    Fee-Free TAFE is a government initiative covering some or all of your course fees for eligible students. Learn more

  • Concession: $150

    Fee concessions may apply to this subsidised course for eligible students. Learn more

  • Subsidised: $650

    There are a range of government funded courses available for eligible students. Learn more

  • Full fee: $2,990

    This is the total course fee. Read more about student loans and payment plans.

Class format

Some courses include classes at scheduled times while others can be completed in your own time.

Teacher-led, Scheduled
VIRTUAL CLASS

Scheduled online classes using video conferencing software (such as Zoom).

No
ASSESSMENT

The primary location assessments will take place. Some courses also require vocational placement.

Online, On-Campus
TEACHER COMMS

The different ways you can contact your teacher throughout the course.

  • Phone, Email, Face-to-face, Zoom
Mt Gravatt
On campus with some online
Anytime
up to 4 months
Part time one-on-one delivery sessions: 6 x 1.5 hour individual online or face to face mentioning sessions, online learning and support
  • Fee-Free TAFE: $0

    Fee-Free TAFE is a government initiative covering some or all of your course fees for eligible students. Learn more

  • Concession: $150

    Fee concessions may apply to this subsidised course for eligible students. Learn more

  • Subsidised: $650

    There are a range of government funded courses available for eligible students. Learn more

  • Full fee: $2,990

    This is the total course fee. Read more about student loans and payment plans.

demo

Mt Gravatt

On campus with some online

  • Online Time

    How much of the course will be delivered online. 

    20%
  • On Campus Time
    80%
START DATE

The date the course starts. Apply early as intakes fill up quickly. 

Anytime
DURATION

The total length of time it takes to complete the course.

up to 4 months
Workload

The average amount of time students will need to allocate to study each week.

Part time one-on-one delivery sessions: 6 x 1.5 hour individual online or face to face mentioning sessions, online learning and support
WHAT YOU'LL PAY
  • Fee-Free TAFE: $0

    Fee-Free TAFE is a government initiative covering some or all of your course fees for eligible students. Learn more

  • Concession: $150

    Fee concessions may apply to this subsidised course for eligible students. Learn more

  • Subsidised: $650

    There are a range of government funded courses available for eligible students. Learn more

  • Full fee: $2,990

    This is the total course fee. Read more about student loans and payment plans.

Class format

Some courses include classes at scheduled times while others can be completed in your own time.

Teacher-led, Scheduled
VIRTUAL CLASS

Scheduled online classes using video conferencing software (such as Zoom).

No
ASSESSMENT

The primary location assessments will take place. Some courses also require vocational placement.

Online, On-Campus
TEACHER COMMS

The different ways you can contact your teacher throughout the course.

  • Phone, Email, Face-to-face, Zoom

Download Brochure

Certificate IV in Entrepreneurship and New Business (BSB40320)

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Certificate IV in Entrepreneurship and New Business

COURSE CODE: BSB40320
Payment Options

How can I pay for this course?

No matter what your circumstances, TAFE Queensland has a payment option to suit you. If you are unsure of what’s right for you, get in touch. We’re here to help. 

Payment plan

If you have difficulty paying for the full cost of a course upfront, you may be eligible for a payment plan.

Learn more
Upfront payment

This may be the full fee for the course, or the student contribution amount if you are eligible for a subsidy or concession.

Learn more

Entry requirements

There are no formal entry requirements for this course.

Selection criteria

Whilst there are no formal entry requirements for this course TAFE Queensland has the following selection criteria:

To be considered for enrolment into this course you will be required to meet the entry requirements and undergo an interview. You must be the owner or operator of a small business for the past 12 months. 

Resources required

It is recommended that you have access to a reliable internet connection to access TAFE Queensland's online learning system Connect, and a computer with up-to-date software, including Microsoft Office and Adobe Acrobat Reader. This equipment and software is available for use at all TAFE Queensland locations.

Placement

Workshop and tutorial support will be available.

Important information

This course is an accelerated learning offering. Our course has been tailored to the key needs of growing and developing business owners, managers and leaders. Your existing skills, experience, and knowledge in business will be leveraged upon within our workshops and online learning. We aim to extend and build your knowledge and experience through our small group or one-on-one workshop session.

What’s Involved?

  • Practical and fun exercises and activities that will get you thinking, innovating and uncovering ways that you can improve your business now
  • Interactive discussions and learning that will enable you to grow as a business leader

Accelerated Delivery model; there are two convenient study options to choose from:

  1. Group mentoring sessions:
    • 3 x 3 hours face-to-face workshops
    • Online learning and support
    • 3 x 1 hour individual mentoring sessions
  2. One-on-one delivery sessions:
    • 6 x 1 ½ hour individual mentoring sessions online or face-to-face
    • Online learning and support

 

To be eligible for the Higher Level Skills subsidised price, you must:

  • Student must be the owner, manager or employee of a small business in Queensland;
  • be aged 15 years or over, and be no longer at school;
  • permanently reside in Queensland;
  • be an Australian citizen, Australian permanent resident (includes humanitarian entrant), temporary resident with the necessary visa and work permits on the pathway to permanent residency, or a New Zealand citizen;
  • not hold a certificate IV or higher-level qualification, not including qualifications completed at school and foundation skills training; and
  • not be enrolled in another qualification, not including foundation skills training.

To learn more about Fee-Free TAFE eligibility criteria please refer to the Fee-Free TAFE Information Page.

Assessment methods

Skill and knowledge assessments are an essential step in progressing through your course. You may be assessed in a number of ways while you are studying at TAFE Queensland, including observation, written assessment, questioning, portfolios, work samples, third-party feedback, and through recognition of prior learning. Read more about assessment methods.

Pathways

University pathways

If you want to go on to further study at university, TAFE Queensland has a pathway option to get you there. In many cases, completing one of our diplomas may give you a full year of credit towards a degree with one of our partner universities.

Learn more about University Pathways

  • James Cook University
  • Southern Cross University
  • University of Canberra
  • Griffith University
  • Queensland University of Technology
  • University of Southern Queensland

How to apply

Direct application

If you're ready to get started, simply hit the Apply Now button on your preferred course information page and get your application underway online. 

Course disclaimer

All information was accurate at time of publication, however TAFE policies, tuition fees and course content is subject to change without notice. Course commencement is dependent on sufficient enrolment numbers. Timetable information is subject to change prior to commencement and/or during the duration of your course.

Recognition of prior learning (RPL) and credit transfers

Fast track your way to a formal qualification by earning credit for the things you already know. We can assess your skills, directly apply credits from previous successful study, and give you advanced standing in your course.

Learn more