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CERTIFICATE IV IN NEW SMALL BUSINESS- BSB42615

Learn to make a splash in the business world

Course Outline

BSB42615Certificate IV in New Small Business
Course CodeC4NSB_BSB42615
CRISCOS Code090356D
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
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
BSBSMB401Establish legal risk management requirements of business
BSBSMB402Plan small business finances
BSBSMB403Market the small business
BSBSMB404Undertake small business planning

6 elective units

Unit CodeUnit Name
BSBFIA402Report on financial activity
BSBSMB405Monitor and manage small business operations
BSBSMB407Manage small team
BSBMKG413Promote products and services
BSBCUS401Co-ordinate implementation of customer service strategies - CGSL
BSBCUS402Address customer service needs - CGSL

* Please note that it is possible to select alternative elective units subject to specific employer requirements and with the agreement of ANIBT.

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

Synopsis of Units

Core Units

BSBSMB401 - Establish legal and risk management requirements of small business Hours 60

This unit describes the skills and knowledge required to identify and comply with all regulations affecting the business.

It applies to individuals operating a small business who use analytical skills to interpret legislation and regulations and develop procedures to manage compliance.

BSBSMB402 - Plan small business finances Hours 50

This unit describes the skills and knowledge required to identify the financial requirements of a business, including profit targets, cash flow projections and strategies to garner financial support.

It applies to individuals who operate a small business or work within an existing micro or small businesses and interpret financial data.

BSBSMB403 - Market the small business Hours 50

This unit describes the skills and knowledge required to monitor and improve business performance via a clear marketing strategy integrated into 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.

BSBSMB404 - Undertake small business planning Hours 50

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

Elective Units

BSBFIA402 - Report on financial activity Hours 30

This unit describes the skills and knowledge required to report financial activity for business both in response to client requests and to meet statutory requirements such as the completion of financial reports.

This unit applies to individuals with a broad knowledge of financial activities who contribute financial skills and knowledge to address reporting requirements of clients and legal authorities. They may have responsibility to provide guidance or to delegate aspects of these tasks to others.

BSBSMB405 - Monitor and manage small business operations Hours 45

This unit describes the skills and knowledge required to implement a business plan and modify operations as required.

It applies to individuals who operate a small business which stands alone, or is part of a department within a larger organisation. Individuals in this role use problem-solving skills and take responsibility for developing approaches to manage business operations.

BSBSMB407 - Manage a small team Hours 40

This unit describes the skills and knowledge required to select, induct, train and develop staff members to enhance business operations within the parameters of all relevant legislative requirements.

It applies to individuals who operate a small business that stands alone, or is part of a department within a larger organisation. Individuals in this role have a good knowledge of industrial relations and team management and use effective, responsive and supportive communication in workplace interactions.

BSBMKG413 - Promote products and services Hours 40

This unit describes the skills and knowledge required to coordinate and review the promotion of an organisation’s products and services.

It applies to individuals with a broad knowledge of the promotion of products and services specific to an organisation. They may have the responsibility to provide guidance or to delegate aspects of these tasks to others.

BSBCUS401 - Coordinate implementation of customer service strategies Hours 40

This unit describes the skills and knowledge required to advise, carry out and evaluate customer service strategies.

It applies to individuals who have well developed skills and a broad knowledge of customer service strategies for addressing customer needs and problems, and who may provide guidance or delegate work related tasks to others.

BSBCUS402 - Address customer needs Hours 50

This unit describes the skills and knowledge required to manage an ongoing relationship with a customer over a period of time. This includes helping customers articulate their needs and managing networks to ensure customer needs are addressed. 

It applies to individuals who are expected to have detailed product knowledge in order to recommend customised solutions. In this role, individuals would be expected to apply organisational procedures and be aware of, and apply as appropriate, broader factors involving ethics, industry practice and relevant government policies and regulations.

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:

TestScore
IELTS5.5
PTE Ac42
TOEFL iBT46
TOEFL PBT527
Cambridge5.B2 – 160-179

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.

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.

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
BSB42615 Certificate IV in New Small 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 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.

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Course Guide- Certificate IV in New Small Business