Find Courses

Study Areas

Skill Areas

Certificate IV in New Small Business (BSB42615)

Course summary

Do you want to run your own business?  This course will teach you about the legal and risk management requirements of small business, as well as how to plan a small business, manage small business finances, market the small business, and how to manage a small team.

This qualification is suitable for those establishing a small business who 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.

Course details

Course Type Qualification
Student Availability
  • - Domestic
Application Mode
  • Direct To University
How to Apply Please Enquire
Study Area
  • - Business, Accounting and Law
Skill Area
  • - Business Services
AQF Level Level 4: Certificate IV

Entry Requirements

There are no entry requirements for this course however, students will traditionally come from entry level leadership positions in Management or Business.

Student Outcomes, Career Opportunities and Occupations

Career outcomes could lead to roles such as a Small Business Manager, Business Coordinator, Office Supervisor, Accounts Supervisor.

Course Structures

Please select a Course Structure from the options below:

Standard Course Structure

To successfully complete this course, students must complete 10 units, consisting of:
4 core units and 6 elective units.
BSBSMB401 Establish legal and risk management requirements of small business
BSBSMB402 Plan small business finances
BSBSMB403 Market the small business
BSBSMB404 Undertake small business planning
BSBADM409 Coordinate business resources
BSBSMB405 Monitor and manage small business operations
BSBSMB406 Manage small business finances
BSBSMB407 Manage a small team
BSBSMB409 Build and maintain relationships with small business stakeholders
BSBSMB414 Time management for small business
Other Electives
BSBCUS402 Address customer needs
2018 Study Sequence
Online - enrol into one unit at a time as per the following order:
  1. BSBSMB401 
  2. BSBSMB402 
  3. BSBSMB403  
  4. BSBSMB404
  5. BSBSMB405 
  6. BSBSMB406 
  7. BSBSMB407
  8. BSBSMB414 
  9. BSBADM409 
  10. BSBREL402
2017 Study Sequence

It is recommended that students study in the following sequence

  1. BSBSMB401
  2. BSBSMB402
  3. BSBSMB403
  4. BSBSMB404
  5. BSBSMB405
  6. BSBSMB406
  7. BSBSMB407
  8. BSBSMB409
  9. BSBSMB414
  10. BSBADM409

The units from Other Electives can be selected in lieu of recommended units - this can be discussed further with the teacher.

Course Assessment Information

Assessment Types
Written/Electronic Assessment

Course Availabilities

Distance Education

Enrolments are taken throughout the year on a continuous basis.

Duration and dates
12 - 18 months

Ten (10) units must be successfully completed - Four (4) core units and six (6) elective units.


Distance students require strong self motivation and must have 4-6 hours per week available for study for each unit. This course is self paced so students must have sound literacy, numeracy skills and technology skills to read and follow textbooks and online course material. This course is delivered by distance education so students must have access to a computer and the internet. Students are allocated 10 weeks from enrolment to complete each unit.

2018 Unit Availabilities

Unit availabilities have not yet been finalised for this course.

Please check this page regularly for updates.

Related Courses

Course code Course name Short Course
BSB50215 Diploma of Business No

Is what I already know taken into account?

Yes. Your history of study, skills and experience does matter. Consideration is given to your prior life and work experiences as well as formal and informal training. This may be applied using the national standard for Mutual Recognition or through Recognition of Prior Learning (RPL). Documentary evidence will be requested.

What else might I find useful?

Financial assistance with fees may be available through concessions or via ‘Time to Pay’ payment plan. This and other information such as student support, study and library assistance can be found at  

Tradesmen Associations - BSBSMB401

One unit from this qualification - BSBSMB401 Establish legal and risk management requirements of small business is required by the tradesmen associations for people wanting to set up their own contracting business.