Certificate IV in Entrepreneurship and New Business
Learn how to adapt like a boss with this BSB40320 Certificate IV in Entrepreneurship and New Business. Earn a nationally recognised certificate with Colab online learning.
BSB40320
12-18 months
11 online modules
Free sustainability certificate
Gain essential business skills to successfully launch and run your own business. Enjoy the freedom of being your own boss with this Certificate IV in Entrepreneurship and New Business (BSB40320).
Are you an aspiring business owner or budding entrepreneur? This online entrepreneurship course aims to provide you with the skills and knowledge you need to establish a new business, expand a current business, or both.
Enjoy the freedom and rewards of being your own boss. The online business course equips small business owners and entrepreneurs with essential skills to deal with the challenges of starting and running a company.
This small business course will also provide fundamental skills such as how to research and develop business plans, financial planning, marketing for new businesses, as well as sharpening critical thinking and problem-solving skills.
On completion of your Colab entrepreneurship course, you'll get 12 months free access to Professional Certificates by Meta, Microsoft, Google, Salesforce, and other global innovators so you can continue to up-skill, making your resume stand out and bringing you to the front of the promotion queue.
Enjoy the flexibility of studying online at your own pace. Enrol today to obtain your certificate in entrepreneurship from Colab, the most awarded training provider in Australia
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Source: Your Career (Nov 2023).
What to expect
Course Units
This online small business management course contains 11 online modules, which have been designed to cover 10 units of competency, including 4 core units and 6 elective units. This online course contains an introductory module.
Expand units below, to get an understanding of topics and objectives.
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.
BSBCRT411 Apply critical thinking to work practices
This unit describes the skills and knowledge required to use advanced-level critical thinking skills in a workplace context. This includes using methods of analysis, synthesis and evaluation.
BSBESB406 Establish operational strategies and procedures for new business ventures
This unit describes the skills and knowledge required to develop and implement operational strategies and procedures for new businesses.
BSBESB407 Manage finances for new business ventures
This unit describes the skills and knowledge required to implement and review financial management strategies, including by using new and emerging digital technologies and interpreting financial reports and other numerical data.
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.
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.
SIRXMKT006 Develop a social media strategy
This unit describes the performance outcomes, skills and knowledge required to plan and evaluate the use of social media. It requires the ability to determine suitable social media platforms, plan appropriate use and evaluate the effectiveness of social media activity.
Industry endorsed pathways
"We are in the midst of the greatest era of disruption to the way we do business which is why people need to arm themselves with new skills to be able to adapt and thrive in this modern environment. Colab is built with the future in mind so is best placed to provide these skills."
Matt Dickinson
CEO at True Limited
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