RTO Code: 21368 | CRISCOS Code: 02506B

Certificate IV in Entrepreneurship and New Business - BSB40320

Learn to make a splash in the business world

Course Outline

BSB40320Certificate IV in Entrepreneurship and New Business
Course CodeC4ENB_BSB40320
CRICOS Code104025D
Delivery ModeVaried: Face to Face Classroom, Workshop, Computer generated supervised learning
LocationMelbourne
Course Duration6 months full time or up to 12 months part-time
Nominal Study Hours480 hours
Qualification LevelCertificate IV
Cost$4000.00 (These fees are subject to change without notice. Please contact ANIBT marketing staff for the latest fees.)
Nationally RecognisedYes
im

Course Overview

A range of opportunities exists across all facets of the small business sector for people with broad business, management and entrepreneurial skills.

This nationally recognised qualification reflects the role of individuals who use well-developed skills and a broad knowledge base in a variety of small business contexts. They apply solutions to a defined range of unpredictable problems and analyse and evaluate information from a variety of sources.

Typically, at this level, they may provide leadership and guidance to others and have responsibility for the output of others.

The Certificate IV in New Small Business offered by ANIBT will enable you to achieve what you’ve always wanted to in the new business environment and will equip you with the skills and knowledge to be able to own, manage or both any new business.

If you have entrepreneurial flair and experience and are looking to formalise your qualifications and skills, this will be an ideal qualification to undertake.

Course Details

Subjects
Synopsis of Units
Assessment Methods
Entry Requirements
Course Completion
Course Availability
Future Pathways
Recognition of Prior Learning (RPL)
Credit Transfer (CT)
Special Requirements
Subjects

Subjects

The Certificate IV in New Small Business qualification offered by ANIBT is made up of 10 units of competency. These consist of 4 core units and 6 elective units* as outlined below:

4 core units

Unit CodeUnit Name
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

6 elective units

Unit CodeUnit Name
BSBESB301 Investigate business opportunities
BSBESB302 Develop and present business proposals
BSBMKG434 Promote products and services
BSBPEF401 Manage personal health and wellbeing
BSBTWK401 Build and maintain business relationships
BSBXTW401 Lead and facilitate a team
Synopsis of Units

Core Units

BSBESB401 Research and develop business plans

This unit describes the skills and knowledge required to research and develop business plans for achieving business goals and objectives.

BSBESB402 Establish legal and risk management requirements of new business ventures

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.

BSBESB403 Plan finances for new business ventures

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.

BSBESB404 Market new business ventures

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.

Elective Units

BSBESB301 Investigate business opportunities

This unit describes the skills and knowledge required to identify a business opportunity and its key components. This requires undertaking research to determine the viability of the opportunity, with reference to the legislative frameworks affecting The business opportunities may relate to products and/or services offered by the business.

BSBESB302 Develop and present business proposals

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.

BSBMKG434 Promote products and services

This unit describes the skills and knowledge required to coordinate and review the promotion of an organisation’s products and/or services.
The unit applies to individuals with a broad knowledge of the promotion of products and services specific to an organisation. They may have responsibility to provide guidance or to delegate aspects of these tasks to others.

BSBPEF401 Manage personal health and wellbeing

This unit describes the skills and knowledge required to identify signs and sources of strain on personal health and wellbeing (both physical and mental) within job roles and according to key performance indicators (KPIs).
The unit applies to individuals who operate with a high level of autonomy, have excellent communication skills and apply knowledge of organisational policies and relevant legislation.

BSBTWK401 Build and maintain business relationships

This unit describes the skills and knowledge required to establish, develop and maintain effective work relationships and networks through relationship building and negotiation skills required by workers. These workers may be within an organisation as well as freelance or contract workers.
The unit applies to individuals with a broad knowledge of networking and negotiation who contribute to creating solutions to unpredictable problems. They may have responsibility for and provide guidance to others.

BSBXTW401 Lead and facilitate a team

This unit describes the skills and knowledge required to effectively lead and facilitate a team in a workplace within any industry.
This unit has a specific focus on the teamwork skills required for team leader or supervisor level (depending on organisational structure) workers with responsibility for others or teams.

ANIBT may change the elective units based on industry, student needs and trainer availability.

Assessment Methods

Assessment Methods

A wide variety of assessments methods will be employed to assess student competence in each unit. These include but are not limited to:

  • Demonstration and observation
  • Review questions and answers
  • Group assignments
  • Individual projects/portfolios
  • Case studies
  • Role plays
  • Presentations

The individual Unit Delivery and Assessment Strategy states clearly the assessment details for each unit delivered in this Qualification.

The term timetable clearly states the assessment method, dates and due dates for Workbooks and Projects.

Entry Requirements

Entry Requirements

It is highly recommended that students are currently in a workplace or have access to a workplace for this course.

For Certificate IV level courses, the recommended minimum level of education is Higher School Certificate or equivalent or relevant qualification (at Certificate III or above) or relevant vocational experience.

In addition, students may enter the qualification through a number of entry points demonstrating the potential to undertake vocational education and training at Certificate IV level including:

  • with personal or vocational experience in a specific industry;
  • with vocational experience in a specific industry and an industry-specific qualification.

For International Students

Please check with the Australian Department of Home Affairs (DHA) regarding international students enrolling into any online only based qualifications.

The Australian government publishes rules for English language proficiency for international students applying for entry to vocational training. You should establish your country’s assessment level by reading the DHA rules at www.homeaffairs.gov.au. Be aware that the rules are subject to change from time to time.

Generally, to demonstrate English language proficiency for doing a Certificate or Diploma course, an international student needs one of the following test scores:

English Language proficiency level

IELTS

TOEFL iBT

PTE Academic

OET

Cambridge (CAE)

Vocational

5.0

Listening & Reading 4.0
Writing & Speaking 14

36

B

154

 

5.5

No band less than 5

Listening & Reading 5.0
Writing 14  Speaking 15

42

B

162

Competent

6.0

No band less than 5.5

Listening: 12 Reading: 13
Writing: 21 Speaking: 18

50

B

169


Overseas students who do not provide a satisfactory score from an English test recognised by DHA will be interviewed to ascertain their language, literacy and numeracy (LLN) skills.
ANIBT also accepts completion of a recognised equivalent English preparation course from an accredited ELICOS provider. Admission may be approved if the language of instruction in the student’s home country is English or if English has been the language spoken in the student’s home.

All students must complete a Language, Literacy and Numeracy test at ANIBT as part of the registration process.

If necessary, the student will need to complete an English language course at ANIBT before being admitted to a vocational training Certificate or Diploma course.

Note: ANIBT may establish student’s English language proficiency appropriateness’ level if:

  • The student has completed 1-year study which is taught in English
  • The student has successfully completed ELICOS course and the level is equivalent to IELTS 5.5
  • The student passes ANCE English assessment test, under supervision by ANIBT or ANIBT representative
    agents (does not apply to offshore direct-application).
Course Completion

Course Completion

Upon successful completion of this course, you will receive a nationally recognised qualification
BSB40320 Certificate IV in Entrepreneurship and New Business issued by the Australian National Institute of Business and Technology Pty Ltd (ANIBT).

The Australian National Institute of Business and Technology Pty Ltd is a Registered Training Organisation (Provider number: 21368) registered with the Australian Skills Quality Authority (ASQA).

Course Availability

Course Availability

ANIBT’s programs allow participants to undertake their studies in a variety of flexible ways including:

  • Classroom*
  • Computer generated supervised learning**
  • Workshop
  • Correspondence

ANIBT has regular intakes for its classroom based courses as follows:

            *delivery modes available for INTERNATIONAL STUDENTS      

            **Please note only a maximum of 25% per term can be undertaken by an international student.

February           Term 1 intake

April                  Term 2 intake

July                   Term 3 intake

October            Term 4 intake

Future Pathways

Future Pathways

After successful completion of your Certificate IV, you will have many other study options available to you. These may include the Diploma of Business, the Diploma of Leadership and Management and/or a range of many other Diploma qualifications.

Please see here for more information on available Pathways through the college. 

Recognition of Prior Learning (RPL)

Recognition of Prior Learning (RPL)

Students may be able to shorten the length of their chosen course by taking into account previous training, employment experience or other life skills that directly relate to the competencies the Unit of competency is assessing.

Please contact ANIBT directly on +61 3 9620 2922 to discuss your previous experiences and we will be able to guide you through the RPL process.

Credit Transfer (CT)

Credit Transfer (CT)

Students may be able to shorten the length of their chosen course by taking into account previous studies.
ANIBT recognises AQTF registered organisations for credit transfers.
Please contact ANIBT directly on +61 3 9620 2922 to discuss your previous studies and we will be able to guide you through the credit transfer process.

Special Requirements

Special Requirements

It is expected that all students will have access to their own personal computer and the internet. This is essential for regular research and also on-line based assessment work throughout the course.

DOWNLOAD OUR COURSE GUIDE

Course Guide- Certificate IV in New Small Business