Certificate IV in Entrepreneurship and New Business

National Code: BSB40320
TAFE SA Code: TP01232


This comprehensive course is designed 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.

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12 months 

Full Time or Part Time equivalent

Small Business Owner/Manager

Locations & Applications

Campus / Location
Study Mode
Study Load

Course Admission Requirements

  • No course admission requirements

Please Read Before Applying

Entry Recommendations
We recommend that you have completed at least Year 12 or equivalent before starting this course.

Attendance Requirements (subject to change)
This course is online. You will attend classes in the virtual classroom. Classes are weekly with 1 unit studied in a term.

Industry Conditions and Skills
Experience with your own micro or family business will assist you in understanding and applying course learning to a business idea.

Additional Uniforms, Equipment and Costs
You will need access to a computer and the internet.

Average cost per semester
Total Fees for the 12 month course
You may be eligible for government subsidised training.
Subsidised training may require applicants to complete a Core Skills Profile Assessment (CSPA).
Full Fee

Fees vary depending on subjects you enrol into. TAFE SA and their agents reserve the right to make any changes necessary. Fee updates will be available prior to offers being made.

  • Upfront Payment

    Each semester, fees can be paid online with VISA or Mastercard or at an Australia Post outlet.

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    Payment Plan

    If you have difficulty paying your fees upfront, you may be eligible for a payment plan.

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  • Employment Outcomes

    Training in this area will equip graduates to own/manage a small business. This course is designed for existing small business owner/employees and for those intending to open their own small business in the near future.

    Note: Completion of a TAFE SA course does not guarantee an employment outcome. Formal requirements other than educational qualifications (eg licensing, professional registration), may apply to some occupations.

    Qualifications & Skills Covered

    Certificate IV in Entrepreneurship and New Business (BSB40320)
    This course focuses on the necessary skills, knowledge and organisational processes needed to run an effective and successful small business. You will learn how to plan your business finances, market your business and understand your legal obligations as a small business owner or manager. To complete the qualification you are required to complete all 4 core units and 6 elective units.

    Note: Students who successfully complete only one or more units of competency but not the full qualification are eligible to receive a Statement of Attainment.

    of TAFE SA graduates are satisfied with the overall quality of training.
    of TAFE SA graduates would recommend their training.

    * 2023 NCVER Student Outcomes Survey findings
  • Below is a list of all units that TAFE SA can offer in this qualification. The selection of elective units you will be enrolled into depends on the campus you attend, and the qualification packaging rules described on www.training.gov.au.

    Not all elective units listed below must necessarily be completed to achieve your qualification.


    Name Nominal Hours
    Establish legal and risk management requirements of new business ventures 60
    Market new business ventures 50
    Plan finances for new business ventures 50
    Research and develop business plans 50


    Name Nominal Hours
    Build and maintain business relationships 35
    Develop personal work priorities 40
    Implement and monitor WHS policies, procedures and programs 50
    Implement customer service strategies 40
    Investigate business opportunities 25
    Manage finances for new business ventures 60
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