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BSB40320 Certificate IV in Entrepreneurship and New Business

Overview

Our BSB40320 Certificate IV in Entrepreneurship and New Business, reflects the role of individuals establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation.
These individuals use well developed skills and a broad knowledge base to solve a range of unpredictable problems, and analyse and evaluate information from a variety of sources. They may provide leadership and guidance to others and have responsibility for the output of others.

Eligibility Criteria

Eligible Participant means:

a) A participant who has the right to work in Australia and is an Eligible Worker or Unemployed Eligible Worker in Queensland

NOTE: For this program, an Eligible Worker can include relevant clerical, administration and professional staff whose employer is part of the building and construction industry

AND
b) If an apprentice or trainee undertaking the training in addition to their apprenticeship or traineeship qualification, participants must have completed at least 50% of their registered training plan for their apprenticeship or traineeship.

AND MUST NOT:
c) Be undertaking the training as part of an apprenticeship or traineeship (Certificate IV in Civil Construction is acceptable).
d) Be an employee of an Authority (Employees of Local Councils are acceptable).
e) Be currently enrolled and participating in a Queensland secondary school program.
f) Be a contracted trainer or assessor or existing worker of an RTO.
g) Be funded by an Authority or such other source for delivery of the same training being undertaken as part of this Program.
h) Be funded for more than one (1) qualification under this program which is one (1) building specific or one (1) civil specific in the same program period.
i) Be a participant seeking a Verification of Competency (or Determination of Competency).

Course Fees

$600 under CSQ funding    $5,500 fee for service

Units of Competency

The BSB40320 Certificate IV in Entrepreneurship and New Business comprises a total of 10 units of competency, 4 of which are classified as core units and 6 are electives. You must be deemed competent in all 10 units to attain the qualification.

Core Units
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
Elective Units
BSBESB301 Investigate business opportunities
BSBESB302 Develop and present business proposals
BSBCRT413 Collaborate in creative processes
BSBFIN401 Report on financial activity
FNSACC416 Set up and operate a computerised accounting system
SIRXMKT006 Develop a social media strategy