Certificate IV Entrepreneurship and New Business
Whether you're ready to start or already figuring it out as you go, this course gives you the foundation to do it right.
Starting a business is one thing. Running it well is another. Whether you’re still in the planning stage or you’ve already launched and are learning on the fly, most business owners hit the same wall, the compliance, the finances, the legal stuff, the operations. Nobody teaches you this before you need it.
That’s exactly why this course exists.
You don’t need to have it all figured out. You just need the right foundation.
Key Course Information
Dates
Courses start from August 2026
Student Fee
Total Qualification Value
$5,870
Locations
- Online, Newcastle, Lake Macquarie, Maitland & Singleton
Build a Business the Right Way
The BSB40320 Certificate IV in Entrepreneurship and New Business is a nationally recognised qualification built for people who are serious about small business in Australia.
What makes it different here is who teaches it. Every trainer has built, run or grown a real business. This isn’t a course written by academics, it’s practical, need-to-know training from people who’ve been exactly where you are. You’ll leave with a qualification and, more importantly, the clarity to move forward with confidence.
Units of Competency
Unit Code | Unit Title |
BSBCRT411 | Apply Critical Thinking to Work Practices |
BSBSTR501 | Establish Innovative Work Environments |
BSBESB404 | Market New Business Ventures |
BSBOPS304 | Deliver and Monitor a Service to Customers |
BSBTWK401 | Build and Maintain Business Relationships |
BSBESB402 | Establish Legal and Risk Management Requirements of New Business Ventures |
BSBESB406 | Establish Operational Strategies and Procedures for New Business Ventures |
BSBESB403 | Plan Finances for New Business Ventures |
BSBESB407 | Manage Finances for New Business Ventures |
BSBESB401 | Research and Develop Business Plans |
Who is this for?
Aspiring Entrepreneurs
Planning to start a business in 2026/2027
Career Changes
Moving into consulting or self-employment
Small Business Owners
Formalise your knowledge and grow
Team Leaders + Managers
Get the formal skills to match your experience
What You’ll Walk Away With
By the end of the course, you won’t just have knowledge, you’ll have a foundation for your business.
You’ll gain the skills to:
- Research and develop a real business plan
- Understand your finances and plan for profit
- Market your business and attract customers
- Set up your business legally and correctly
- Build strong relationships with customers and partners
- Create systems and strategies to run your business effectively
What You’ll Learn
The Nitty Gritty
Get the essentials right from the start:
ABN, business registration, and structure
Legal and risk requirements
Insurance and compliance
The Fun Stuff
Turn your idea into something real:
Vision to strategy
Value propositions
Business model development
Spreading the Word
No customers = no business.
Learn how to:
Create a marketing plan
Build awareness
Stand out in a crowded market
The Money
Know your numbers with confidence:
Plan and manage finances
Understand break-even points
Use our simple viability tools
Funded through NSW Smart & Skilled + Workforce Australia, with fee-free or subsidised training available for eligible applicants.
Funded through NSW Smart & Skilled + Workforce Australia, with fee-free or subsidised training available for eligible applicants.
Limited places available, submit your expression of interest to secure your spot and check funding eligibility.
Learn From People Who’ve Actually Done It
Every trainer has real-world experience running businesses, so you’ll learn:
What works
What doesn’t
What to do differently from day one
No fluff. No guesswork. Just real, practical guidance.
FREQUENTLY ASKED QUESTIONS
The questions we get most often.
How much does the Certificate IV in Entrepreneurship and New Business cost?
The program value is $5,870, but most students pay between $0 and $1,850 thanks to NSW Smart & Skilled subsidised funding. The exact amount depends on your eligibility, which factors in things like prior qualifications and concession status rather than your income or business size. We confirm your exact fee on a short enquiry call before you commit to enrolling, so you’ll know how much you’re paying from the start.
How long does the course take to complete?
How much time will I need each week to work on the course?
Around 15 to 20 hours per week outside of scheduled classroom days, depending on how deeply you want to apply the material to your own business. This is a practical course, so the time outside sessions is where most of the work gets done, including planning, reading and applying what you learn in the classroom to your business. Most students find the time investment scales with the amount they want to get out of it
What if I don't have a business yet?
This course is designed for people who are thinking of starting a business or already in a business, however early. The Units of Competency cover everything you need to know to confidently start and run a business, so it’s a great foundation if you’re in the planning stages of your business or growing an existing business.
Is there an online option for this course?
Yes, we offer this same qualification as a self-paced online course, starting from September 2026. You work through the course materials in your own time, with a monthly drop-in session with your trainer for questions, accountability and support. It leads to the same nationally recognised qualification, but doesn’t include as many opportunities for one-on-one connection. Find out more about this option when our team reaches out via phone.
Is there an exam at the end of the course?
There is no exam as part of this course. Assessment is based on the actual work you’re doing throughout the course (including the business plan, financial planning, and operational decisions you develop) and your attendance. You’ll submit work as you go and your trainer provides feedback, so by the end of the course you’ve completed the assessment without additional tasks or exams.
What if I don't qualify for subsidised funding?
We’ll let you know on the enquiry call before you commit to anything and we’ll walk you through the other options we have available. There are usually pathways forward, including paid enrolment in the course, or other programs we run that fit different stages and budgets. The enquiry call is no-pressure, you can take the information and decide later.
Can I do this while running my business full-time?
Most of our students do exactly that. The course is designed for working business owners, with the in-person sessions held on Thursdays and the time commitment built around the reality of running a business. While you will have to dedicate about 15 to 20 hours per week in addition to classroom days, it’s spread across reading, planning and applying things directly to your business, so much of it overlaps with work you may be doing in your business already.
What is BSB40320?
BSB40320 is the official course code for the nationally recognised Certificate IV in Entrepreneurship and New Business, an Australian Qualifications Framework Level 4 qualification. It’s recognised across Australia and sits on the National Training Register and it supersedes the older BSB42618 and BSB42518 qualifications. Completing it gives you a formal credential that demonstrates your business management capabilities.