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BSB42518
Certificate IV in

Small Business Management

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Start date
Enrol anytime
Duration
12 months
Mode
100% online
Units
10 units

Summary

In partnership with
Get the real skills you’ll need to realise your dream of owning and operating a small business in Australia. Learn everything you need to know as a small business owner and/or manager; from research and setting up, to finances and marketing, to specialist skills in workplace health and safety, risk management and more. Learn the communication and management skills you’ll need to inspire a small team.
In partnership with
Nationally recognised
I found the course to have exceeded my expectations and it has had a made a positive contribution towards my job role.
Jennise Sami
, Frontline Manager
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Detail

This course kicks off teaching you how to undertake small business planning, and how to design a digital action plan to set your goals in action. You’ll have study units in marketing, finances, management and implementing and WHS policies and programs to meet legislative requirements. With a modern outlook, this certificate also gives you skills in environmentally sustainable work practices and cloud computing for business operations.
  • 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 BSB42518 Certificate IV in Small Business Management qualification may be current business employees or have a desire to manage 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 small business managers 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.
  • 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.

  • 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.

  • BSBSMB415
    Refine and strengthen a small business

    This unit describes the skills and knowledge required to formulate and implement actions to develop and sustain a small business. It applies to individuals who run a small business that operates independently, or as part of a larger organisation. Individuals in this role interpret business information and numerical data competently to plan, direct and control a small business, make strategic decisions and take action. No licensing, legislative or certification requirements apply to this unit at the time of publication.

  • BSBSMB423
    Create a digital technology plan for small business

    This unit describes the skills and knowledge required to develop a plan for identifying and implementing new and emerging digital technologies to achieve small business goals. It involves undertaking a basic review of business digital readiness, identifying opportunities to improve business effectiveness and efficiency, and developing an action plan for implementing digital technologies in a small business. It applies to individuals who operate a small business either that operates independently, or that operates as part of a larger organisation. Individuals in this role are responsible for adopting and promoting approaches to improve small business operations. 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.

  • BSBSMB407
    Manage a small team

    This unit describes the performance outcomes, skills and knowledge required to plan for the management of and to manage staff. It involves industrial relations, staff selection, staff records, induction, training, team development and career planning to enhance business operations through retaining a competent, committed and motivated team in the workplace.

  • BSBSUS401
    Implement and monitor environmentally sustainable work practices

    This unit describes the skills and knowledge required to effectively analyse the workplace in relation to environmentally sustainable work practices and to implement improvements and monitor their effectiveness. It applies to individuals with responsibility for a specific area of work or who lead a work group or team and addresses the knowledge, processes and techniques necessary to implement and monitor environmentally sustainable work practices, including the development of processes and tools.

  • 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

  • BSBSMB420
    Evaluate and develop small business operations

    his unit describes the skills and knowledge required to evaluate and develop small business operations. It applies to individuals who operate a small business which stands alone, or that is part of a department within a larger organisation. Individuals in this role use problem-solving skills and take responsibility for developing approaches to evaluating and developing business operations. No licensing, legislative or certification requirements apply to this unit at the time of publication.

  • BSBITU422
    Use digital technologies to collaborate in the workplace

    This unit describes the skills and knowledge required to understand the fundamentals of using digital technologies to collaborate in a workplace context, including working as part of a remote team. It involves undertaking a basic review of organisational processes to identify opportunities for using digital technologies to complete work tasks more efficiently and effectively. It applies to individuals who use problem-solving skills and take responsibility for adopting and promoting approaches to improve organisational operations, particularly relating to the use of digital technologies. No licensing, legislative or certification requirements apply to this unit at the time of publication.

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Educators

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