- This is a fee-for-service course, government funding is not available. Payment plans are available
- Only Australian Citizens and Residents can apply for this course. Limited visa holders can be accepted pending a VEVO check. We are not CRICOS registered and cannot accept Subclass 500 visa holders
Course Overview
One idea is all it takes to start making things happen.
Take the guesswork out of launching your business venture and turn your big idea into a viable success. With Open Colleges’ BSB40320 Certificate IV in Entrepreneurship and New Business, you’ll gain a strong set of skills across all the key areas of business management.
This course has been designed for Entrepreneurs and Small Business Owners to provide you with foundational skills across key areas; including small business strategic planning, financial management, marketing, and operations.
If you’re looking to launch a new small business or venture or want to learn the skills to help make your existing business a success, then this course has been designed for you.
Who's It For?
Do you envision yourself as an innovative Entrepreneur or a sagacious Small Business Owner? Or both?
If you’re thinking about starting up your own small business, launching a new venture or improving your existing endeavour, then this course is the right fit for you. You’ll learn the fundamentals of small business management and will graduate with a strong set of skills that will help you understand what it takes to manage a successful business. Equipped with these core skills and knowledge, you’ll have the confidence to forge ahead and make your business dreams a reality.
This course has been developed to target the needs of Entrepreneurs and Small Business Owners in the services and distribution services sectors; however, the key concepts addressed throughout the course have a broad application, and can also be used in other sectors.
If you are an existing worker or have experience in the related industry, please inform our enrolment consultants during your enrolment conversation. You may be eligible to enrol as an existing worker and complete your studies faster. Please note – limitations do apply.
Job Outcomes
Potential career outcomes could include:
- New Small Business Owner
- New Venture Manager
What You'll Learn
The course will give you a rounded education in how to run a small business. During your study you will learn to:
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Understand and work within the legal and risk requirements of small business
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Coordinate business resources and manage finances
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Create customer service strategies
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Understand and address customer needs
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Market your small business
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Monitor and manage your business operations
Recognition
Study Method
- OnlineOnline delivery - online course content with the exception of assessments and work placement
- BlendedBlended delivery - both online course content and partial face to face requirements
- In-classIn class delivery - predominately face to face course content conducted at a specific location
- VirtualVirtual Delivery - Live and interactive classroom-style learning conducted completely online
Duration Study Load
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Self-paced – maximum of 24 months
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Recommended hours per week: 10h
Delivery
A learning platform optimized for online study. Our courses are curated to maintain engagement across video, written content, assignments & audio.
Entry Requirements
Entry requirements may vary depending on the course. In general, you must be at least 18 years old to enrol. If you’re under 18, you’ll need permission from a parent or guardian.
Please note: This course is not available to student visa holders.
To find out more about the specific entry requirements for this course, download the course guide. If you have any questions or would like guidance on whether this course is the right fit for you, feel free to get in touch.
Recognition Of Prior Learning
We understand that you may already have many skills and areas of expertise that you have obtained in different ways and these are recognised through our Recognition of Prior Learning (RPL) process.
Our Credit Transfer & Recognition of Prior Learning Policy, available in the Key Student Information section of our website, provides more information about our RPL process. Alternatively, you can contact an Enrolment Consultant to discuss your RPL options.
Assessment
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Demonstrations and Presentations
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Knowledge tests
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Multiple choice questions
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Short-answer questions
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Video/Audio recording
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Written reports
Materials
Your learning materials are accessed through OpenSpace. These include:
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learner workbooks
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learning activities
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weblinks, readings and resources
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videos and other digital resources
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news, discussions and live chats
Subjects
About Open Colleges
Open Colleges puts you at the centre of everything we do. As an institution, we measure our success in the success of our students.We have more than 125 years of experience in distance education, and this has given us the time to perfect the ways we deliver education and training to people across Australia. In the last decade alone, we’ve helped more than 450,000 students reach their potential.We understand the needs of adult learners. That’s why we created OpenSpace, our world-class online learning platform that gives you complete flexibility and control to study whenever and wherever you are. OpenSpace provides you with access to learning resources, expert trainers and assessors, a superior support network and the opportunity to connect with other learners just like you.Our nationally recognised courses could help you launch, change or accelerate your career. Now is the time to make your next move. With Open Colleges, everything could happen.Open Colleges Pty Ltd is a Registered Training Organisation (RTO 90796)
