- Couse Code: BSB40320
Certificate IV in Entrepreneurship and New Business
Turn your business idea into an actionable plan
The Certificate IV in Entrepreneurship and New Business (BSB40320) helps aspiring and current business owners develop the skills needed to plan, launch and grow a sustainable small business. Study online and build real strategies, financial plans and marketing tools for your own venture.
Duration
up to12 months
Do you have a vision for a new venture — or a startup in mind — but need the know-how to make it real? The BSB40320 Certificate IV in Entrepreneurship and New Business gives you the skills, strategic understanding and business-management knowledge to move from concept to launch, or to lead innovation within an existing organisation.
This qualification is designed for aspiring entrepreneurs, small-business owners, start-up teams and intrapreneurs who want more than the basics. Over the course, you’ll learn how to research and refine business opportunities, manage finances, understand legal and compliance obligations, develop marketing and growth strategies, and build operational and leadership capacity to grow a sustainable business — all within a nationally recognised program.
Whether you’re exploring a new business idea, turning passion into a career or seeking to lead new projects within a company, this course helps build the confidence, structure and capability to make your ambitions happen.
Course Overview
The Certificate IV in Entrepreneurship and New Business is designed for people who are ready to take their business ideas further or strengthen the capability of an existing venture. This qualification builds on foundational business skills and supports learners to develop strategies for planning, launching and sustaining a small to medium enterprise.
Students explore opportunity analysis, financial management, marketing strategies, digital engagement, and operational planning. The course also focuses on building problem-solving, leadership and innovation skills to help entrepreneurs respond to challenges and drive growth.
Delivered online with trainer support, this qualification provides the flexibility to study while managing work or business commitments. It is also suitable for those working in start-ups or business development roles who want to formalise their skills and enhance their contribution within an organisation.
Course Outcomes
On successful completion, you will receive a nationally recognised BSB40320 Certificate IV in Entrepreneurship and New Business, demonstrating your capability to plan, develop and manage a small business or contribute to innovation and growth within an existing organisation. This qualification strengthens your ability to operate with confidence in dynamic business environments and supports career progression in entrepreneurial, administrative and project-focused roles.
Possible job outcomes include:
- Small Business Manager
- Start-Up Coordinator
- New Venture Manager
- Business Development Assistant
- Project Support Officer
- Contractor / Sole Trader
- Innovation or Enterprise Team Member
Throughout the course, you will build advanced skills to evaluate business ideas, develop operational and financial plans, design marketing strategies, comply with regulatory requirements and implement initiatives that support business growth. You’ll also develop capabilities in digital engagement, stakeholder communication, leadership and continuous improvement.
These skills support progression into business ownership, start-up environments, contract-based work or roles focused on enterprise development. The qualification also provides a strong pathway to further study in business, leadership, project management or entrepreneurship.
Units of Competency
To achieve the BSB40320 Certificate IV in Entrepreneurship and New Business, students must complete 10 units of competency, including 4 core units and 6 elective units.
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
- BSBOPS401 Coordinate business resources
- BSBOPS404 Implement customer service strategies
- BSBPEF401 Manage personal health and wellbeing
- BSBPMG430 Undertake project work
*Electives are selected by Asset College to ensure strong employability outcomes and alignment with entrepreneurial and business development skill needs.
Customised elective options may be available for corporate groups or individual learners (additional fees apply).
Pathways
The BSB40320 Certificate IV in Entrepreneurship and New Business strengthens your capability to plan, launch and grow a business, as well as contribute to innovation and enterprise development within existing organisations. Graduates gain skills that support progression into business ownership, project roles, start-up environments and enterprise-focused positions.
Possible study pathways include:
- BSB50120 Diploma of Business
- BSB50420 Diploma of Leadership and Management
- BSB50820 Diploma of Project Management
- Diploma-level qualifications in marketing, operations or business development
This qualification also provides a strong foundation for expanding an existing small business, moving into business development roles or launching new ventures. The advanced knowledge gained helps learners refine strategic decisions, improve operations and support long-term business sustainability.
Licensing Requirements
Course Pathways
› BSB50120 Diploma of Business
› BSB50420 Diploma of Leadership and Management
› BSB50820 Diploma of Project Management
› Diploma-level qualifications in marketing, operations or business development
Our partners that also offer this course
Start Your Course Training with Asset College
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Asset College offers several payment options depending on your chosen delivery mode and eligibility for funding programs. All fees listed apply to the BSB40320 Certificate IV in Entrepreneurship and New Business.
› Online (Self-Paced) – $2,495
This fee includes access to all online learning materials, trainer support and assessment services for up to 12 months.
› Traineeship – $3,000
Employers or individuals undertaking the qualification as a traineeship may be eligible for Career Boost traineeship funding.
Pricing for funded traineeships varies depending on individual circumstances.
Contact us to discuss traineeship funding options.
› Recognition of Prior Learning (RPL) – $1,250
RPL is suitable for experienced individuals who can demonstrate competency gained through previous or current business activities, employment or self-employment.
› Career Boost Funding (QLD Only)
Eligible Queensland participants may access subsidised training through the Queensland Government’s Career Boost Program.
Co-contribution fees for eligible students:
- $100 – Concession
- $200 – Non-concession
Career Boost funding reduces the cost of training but does not change course content, assessment requirements or completion timelines.
› Customised Training (Corporate or Group Bookings)
Fees for corporate or group delivery vary depending on delivery format, location and any elective customisation required.
Customised elective groups attract additional costs.
A detailed guide to course customisation will be linked here once available.
Contact us for a tailored quote.
› Payment Plans
Asset College offers flexible payment plans to help make your study more affordable.
› LLND Review
All students must complete a Language, Literacy, Numeracy and Digital (LLND) review prior to enrolment. This ensures learners have the foundational skills required for online study, research activities, written assessments and successful course participation at Certificate IV level.
Information about the LLND process is available here:
› Age and Identification Requirements
To enrol in this qualification, students must:
- Be at least 15 years old (parent/guardian consent required for learners under 18)
- Provide valid identification
- Have the right to study in Australia
This course is not available to international students and cannot be undertaken on a Student Visa (subclass 500).
› Digital Requirements
This course is delivered online. Students will need:
- Access to a computer or laptop
- A stable internet connection
- Basic digital literacy
Free computer and Wi-Fi access may be available at Asset College campuses for learners who need support.
More information is available here:
› Support for Disability, Learning Differences or Individual Needs
Asset College welcomes students with diverse learning needs. Individuals who may require adjustments, additional support or clarification regarding course participation are encouraged to discuss this during enrolment.
Support information is available here:
Asset College offers flexible delivery options so you can complete the Certificate IV in Entrepreneurship and New Business in a way that suits your goals, work commitments and business plans. All students have up to 12 months to complete the qualification, regardless of delivery mode.
› Online – Self Paced
Our online delivery option is ideal for learners who need flexibility or are balancing work, family responsibilities or early-stage business activities. Study at your own pace, access interactive learning resources and receive support from experienced trainers when you need it. This mode suits aspiring entrepreneurs, start-up teams, business owners and professionals seeking to enhance their capability in enterprise development.
› Traineeship
Employers can support new or existing staff to complete this qualification through a traineeship arrangement. Trainees learn on the job while developing skills in planning, marketing, financial management and business operations. This option combines structured workplace learning with trainer support and is suited to roles involving business development, innovation or small-enterprise responsibilities.
› Group and Corporate Training
Organisations can arrange customised training for teams involved in innovation, project development, entrepreneurship or internal business improvement activities. Training can be delivered onsite or online, with schedules tailored to organisational needs. Elective customisation is available for corporate cohorts (additional fees apply). This mode is ideal for workforce development, start-up incubator programs or enterprise-focused teams.
› Recognition of Prior Learning (RPL)
RPL is available for experienced individuals who already perform tasks related to business planning, financial management, market research, project work or small-business operations. Through an evidence-based assessment process, candidates may achieve the qualification more quickly by demonstrating existing competence. Our team can discuss suitability and outline the evidence required.
Why Choose Asset Collge For Your Certificate IV in Entrepreneurship and New Business Course
When you choose Asset College, you’re not just choosing an RTO — you’re choosing a partner in your career journey.
For more than 20 years, we’ve trained and guided thousands of Australians into security careers. We’re nationally recognised, connected to employers, and trusted across QLD, NSW, and VIC.
Our graduates don’t just get trained — they get employed. That’s the difference.
Free Career Information Session
For anyone considering the sector – covering roles, employers, licensing, wages and more.
Employer Connections®
Our unique Employer Connections® speed dating events provide real-time interaction with the industry’s leading employers.
High Quality Training
High quality training across every aspect of the Security Sector.
Asset College overall is great. They have good training, great customer service and always follow-up which I find great. Very professional and just overall a good company!
Mark Craig
I was very impressed with Asset College’s efficiency, RPL process and have recommended you to several co-workers.
I will definitely be utilising Asset College for future educational requirements.
Charlie Middleton
I would like to make note of Henry Winzar, the Recognition of Prior Learning (RPL) Manager. He was amazing, helped me through the whole process and gave me great support along the way, and was fast and quick to respond to any enquiry I had during the course and always answered his phone if I needed more clarification. I would highly recommend Asset college to anyone looking to upskill. Thank you.
Phillip Bowden
Recognition of Prior Learning (RPL)
RPL Fee
$1250
RPL allows your existing skills and experience to be assessed towards a nationally recognised qualification, often enabling you to complete the course faster and at a lower cost than traditional study.
RPL may not be suitable for everyone, as outcomes depend on the evidence you provide and the assessment conducted by a qualified assessor.
Students applying for RPL must submit a FREE Skills Assessment form before enrolling in the course.
Available Fundings
You may be eligible for funding. Find out in just a few clicks, or begin your full funding application if you’re ready to proceed.
Career Boost Program – QLD Only
Funded Concession
$100
Funded Non-concession
$200
NSW Smart and Skilled – NSW Only
Please complete this quiz to determine your subsidy amount.
Certificate IV in Entrepreneurship and New Business Dates & Availability
| Cost | Enrol Myself |
| $2,495.00 |
Discover Our Asset College Campuses
North Lakes, QLD (Head Office)
18 Flinders Parade, North Lakes QLD 4509
Logan Central, QLD
17 Station Road Logan Central QLD 4114
Gold Coast, NSW
Unit 39, Level 3 207 Currumburra Road Ashmore QLD 4214
Parramatta, NSW
Suite 105 Level 1, 30 Cowper St Parramatta
NSW 2150
QLD Onsite and Regional Locations
Townsville, Mackay, Rockhampton, Kingaroy, Bundaberg, Cairns
NSW Onsite and Regional Locations
Orange, Wagga Wagga, Coff Harbour, Ballina, Woollahra, Albury, Griffith, Moree, Nowra, Sydney
VIC Onsite and Regional Locations
Melbourne, Dandenong, Bendigo, Bairnsdale, Deer Park, Geelong
Adelaide, SA
Frequently Asked Questions
Who is the course designed for?
What career outcomes does the course support?
What career outcomes does the course support?
On completion, you may become eligible for roles such as unarmed security officer, crowd controller, monitoring centre operator, access control or guard duties. It also provides a pathway into higher security qualifications and specialist functions.
What happens after I complete the course?
What happens after I complete the course?
Upon successful completion you receive the Certificate II in Security Operations and become eligible to apply for a security licence in your state. From there you may choose specialist pathways or further study such as Certificate III in Security Operations, close protection or investigations.
Does the course cover bodyguard or armed guarding functions?
Does the course cover bodyguard or armed guarding functions?
No — the Certificate II focuses on general security functions (unarmed, crowd control, monitoring). Specialist functions such as bodyguard, armed guard or investigations are covered by higher-level qualifications or specific skill sets.
Are there employment support services included?
Are there employment support services included?
Yes — the college provides employment support including Employer Connections® events, pre-employment sessions, assistance with resumes and access to industry job networks.
How do I apply for a security licence?
How do I apply for a security licence?
After completing your Certificate II in Security Operations, you can apply for a security licence through your state or territory’s licensing authority. The process generally includes:
Submitting your qualification certificate
Providing identification and proof of eligibility
Completing a criminal history check
Paying the applicable licensing fees
Each state has slightly different requirements. For example:
QLD: Apply through the Office of Fair Trading
NSW: Apply through Service NSW / NSW Police
NT, SA, VIC, TAS, WA: Apply through your state’s regulatory body
Your Asset College trainers and admin team can guide you through the application process and provide the documents you need.