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BSB40320 Certificate IV in Entrepreneurship and New Business

National ID: BSB40320 State ID: BFR6
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Ready to start your new business venture?  

The Certificate IV in Entrepreneurship and New Business covers all of the essential skills and knowledge you need to establish your new small business or venture as part of a larger operation. 

This course guides you through the legalities involved with setting up a new business, how to undertake marketing research, plan finances and develop a comprehensive business plan. You will learn how to establish an accounting system, take advantage of business opportunities and market your offering through suitable communication and a digital presence. 

This course is tailored to the environment in North Western Australia, which supports growing business sectors within the tourism, catering, personal services, transportation and retail industries.  

You will be provided with an individual study plan based on your units selected. While the course is self-paced, you are expected to undertake at least 10 hours of study per week. 

Upon successful completion of this course, you will gain skills relevant to small business operations including: 

  • Legal and risk management requirements
  • Investigating business opportunities
  • Marketing, social media and promotion 
  • Finance planning
  • Business planning 
  • Operational management 
  • Negotiating contracts 
  • E-commerce 
  • Management of stress 

  • You are considering starting your own business or new venture as part of a larger business 
  • You are working for a small business or start-up company 
  • You are working as a freelance consultant

Not all units and study modes are offered at all campuses. Please check with your local campus.

You are expected to have a satisfactory level of literacy, language and numeracy skills to read and write complex documents, collate and manipulate data and the ability to use the Microsoft Office suite. 


National ID Unit title
BSBESB402 Establish legal and risk management requirements of new business ventures
BSBESB404 Market new business ventures
BSBESB403 Plan finances for new business ventures
BSBESB401 Research and develop business plans


National ID Unit title
BSBESB406 Establish operational strategies and procedures for new business ventures
BSBESB301 Investigate business opportunities
BSBPRC402 Negotiate contracts
SIRXECM003 Design an ecommerce site
SIRXMKT006 Develop a social media strategy
BSBPEF401 Manage personal health and wellbeing

This qualification prepares you for roles such as: 

  • Business manager 

Job titles and qualification requirements may vary between organisations. 

For more information about job and career pathways, visit JobOutlook(opens in a new tab) or Jobs and Skills WA(opens in a new tab)



Tuition fee*

Resource fee

Total fee









Our estimated fees are based on:

  • Full time study in 2023
  • A selection of elective units designed to meet local industry demand for skills (different unit selections will attract different fees)
  • For more information regarding eligibility and fees, please visit DTWD website 

These fees are estimates only and depend on your eligibility for government funding, concession rates, the units you choose to study or seek to be recognised under Recognition of Prior Learning (RPL). Additional resource, material and/or equipment costs may apply. Visit our Fees and Charges page for more information, including on consumer rights.

Delivery locations and study options

Duration 12 months part-time
When Date: 2023
Where Broome Campus
Derby Campus
Fitzroy Crossing Campus
Halls Creek Campus
Karratha Campus
Kununurra Campus
Minurmarghali Mia Campus
Newman Campus
Pundulmurra Campus
Tom Price Campus
Wyndham Campus

Register your interest now

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