Upskill for the career you love! Call us on 1300 009 924
BSB42618
Certificate IV in

New Small Business

Download cCourse pack Enquire now
Start date
Enrol anytime
Duration
12 months
Mode
100% online
Units
10 units

Summary

In partnership with
This comprehensive course will give you a solid groundwork in study to make your small business a success. Get the real life skills you’ll need to set yourself on the path to a viable commercial enterprise. This nationally recognised qualification is a modern, contemporary look at the Australian business marketplace, and it can be undertaken completely online, at your own pace. Learn everything from business planning, researching the market, financials and marketing.
In partnership with
Nationally recognised

Detail

If you are a small business owner and/or manager, you need to set yourself up for success. Learn real skills in sales, trade, manufacturing, services, retail, administration and more, with this comprehensive, valuable qualification. Learn to develop work priorities, address customer needs and lead team effectiveness. You’ll graduate this qualification armed with everything you need to hit the ground running in a new small business.
  • Course structure

    The standard course is conducted over a 12 month period; within a self-paced online learning environment. 

    Upskilled will gather information about your previous experience and skills, weekly study commitment and online learning experience to provide you with an projected duration for your course based on your individual circumstance. 

    Upskilled uses MyUpskilled to manage the delivery and assessment of your course. This means you can learn at your own pace.

  • Entry requirements

    There are no entry requirements listed in the training package for this qualification.

    The target participants in the BSB42618 Certificate IV in New Small Business Management qualification may be current business employees or have a desire to establish a small business.

    As a guide, entrants to this program may:

    • have completed year 12 in compulsory education
    • hold a certificate II or III in a similar discipline
    • have some work history in an associated field
    • complete an interview process with a designated Upskilled representative to ascertain suitability to the program and to review your current skills and experience, as this may allow you to move through the course more quickly
     

    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.

  • Inclusions
    Upskilled courses include specialised learning materials, and access to:
    • Upskilled’s fully customised online learning platform, MyUpskilled
    • Student Rewards Program
    • Student Support services
    • your trainer via the trainer/student messaging system
    • webinars; both live and recorded sessions
    • video content access via:
  • Recognition of Prior Learning (RPL)
    Work experience or formal qualifications you have may count towards your course. If you have previously undertaken study at a recognised institution or have some relevant work experience, you might gain credit towards specific units in a course; shortening the time you have to study. You can send your application for Credit Transfer or RPL during the enrolment process.
  • Assessment
    Upskilled takes evidence gathered from a variety of sources to deem a student as competent. Assessment processes might include some or all of the following:
    • Recognition of Prior Learning and/or credit transfer
    • summative and formative assignments
    • written reports and/or portfolio assessments
    • scenarios and/or case studies
    • projects
    • written/oral questions
    • regular training and assessment contact will be maintained by Upskilled in conjunction with the participant and their employer (where applicable). Critical dates during the program will be identified for participants to ensure compliance to assessment due dates, and attendance at monthly webinars as required.

Outcomes

This qualification could give you several career and/or further study outcomes. After completing this course, you could explore some of the following outcomes.

Subjects

This qualification consists of the below units of competency. All competencies must be successfully completed to attain the qualification.
  • BSBSMB401
    Establish legal and risk management requirements of small business

    This unit describes the skills and knowledge required to assess and prioritise risks and identify and comply with all regulations affecting the business. It applies to individuals operating a small business or setting up a department within a larger organisation, who are skilled at communicating and interpreting legislation and regulations. No licensing, legislative or certification requirements apply to this unit at the time of publication

  • BSBSMB421
    Manage small business finances

    This unit describes the skills and knowledge required to implement and review financial management strategies on a regular basis, including by using new and emerging digital technologies. It applies to individuals who operate a small business that stands alone, or that is part of a department within a larger organisation. Individuals in this role interpret financial reports and other numerical data to develop financial management strategies. No licensing, legislative or certification requirements apply to this unit at the time of publication.

  • BSBSMB403
    Market the small business

    This unit describes the skills and knowledge required to monitor and improve business performance via a clear strategy complementing the business plan. It applies to individuals who operate a small business independently or within a larger organisation. Individuals in this role analyse and interpret market data and are proficient communicators. No licensing, legislative or certification requirements apply to this unit at the time of publication.

  • BSBSMB404
    Undertake small business planning

    This unit describes the skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives. It applies to individuals who operate a small business that operates independently, or as part of a larger organisation. Individuals in this role interpret business information and numerical data competently and are skilled communicators. No licensing, legislative or certification requirements apply to this unit at the time of publication.

  • BSBWOR404
    Develop work priorities

    This unit describes the skills and knowledge required to monitor and obtain feedback on own work performance and access learning opportunities for professional development. This unit applies to individuals who are required to design their own work schedules and work plans and to establish priorities for their work. They will typically hold some responsibilities for the work of others and have some autonomy in relation to their own role. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.

  • BSBCUS401
    Coordinate implementation of customer service strategies

    This unit describes the performance outcomes, skills and knowledge required to advise on, carry out and evaluate customer service strategies, including the design of improvement strategies based on feedback. Operators may have responsibility to provide guidance or to delegate aspects of these tasks to others.

  • BSBCUS402
    Address customer needs

    This unit describes the performance outcomes, skills and knowledge required to manage the ongoing relationship with a customer, which includes assisting the customer to articulate their needs, meeting customer needs and managing networks to ensure customer needs are addressed. The customer relationship would typically involve direct interaction a number of times over an extended period. This unit is appropriate to workers who are expected to have detailed product knowledge in order to recommend customised solutions.

  • BSBWHS401
    Implement and monitor WHS policies, procedures and programs to meet legislative requirements

    This unit describes the performance outcomes, skills and knowledge required to implement and monitor the organisation’s work health and safety (WHS) policies, procedures and programs in the relevant work area in order to meet legislative requirements

  • BSBLDR403
    Lead team effectiveness

    This unit defines skills, knowledge and outcomes required to plan and supervise the performance of the team and develop team cohesion. It applies team leaders, supervisors and new emerging managers who have an important leadership role in the development of efficient and effective work teams. Leaders at this level also provide leadership for the team and bridge the gap between the management of the organisation and the team members. As such they must 'manage up' as well as manage their team/s. No licensing, legislative or certification requirements apply to this unit at the time of publication.

  • BSBMGT401
    Show leadership in the workplace

    This unit describes the performance outcomes, skills and knowledge required to work with teams and individuals, their standard of conduct and the initiative they take in influencing others. At this level, work will normally be carried out within routine and non routine methods and procedures which require the exercise of some discretion and judgement.

Show all subjects

Educators

Enquire today

Sounds just like the course you're after? Speak with a career consultant to discover what it's like to study the Certificate IV in New Small Business (BSB42618). Send us an enquiry and we'll get in touch.

Download course pack

Want to know all about this course? Get our course brochure to discover what it's like to study Certificate IV in New Small Business (BSB42618). Submit your details and simply click 'Download'.

Enquire now

Start your next course with Upskilled. Enter your details in the form below.