Certificate IV in Small Business Management

According to ABS figures, there are more than 1.5 million small businesses operating in Australia.

Whether you’re already involved in an established operation or are considering setting up your own small business venture, this course will help you to develop the skills you’ll need to make your business a success.

As well as learning basic marketing strategies and valuable entrepreneurial talents such as how to identify business opportunities, you’ll also develop a broad range of skills that will help you in the day-to-day operation of a business, including basic financial processes and effective client and customer liaison techniques.

Possible careers

  • Small Business Manager

On completion of your course:

About our NSW VETAB accreditation
About our Nationally Recognised Training accreditation
Upon successful completion of this course you will receive a nationally recognised qualification BSB40407 Certificate IV in Small Business Management.

Cengage Education is a registered Training Organisation (Provider Number: 90796) registered with NSW VETAB (Vocational Education and Training Accreditation Board).

Austudy approved

This course is Austudy approved, please apply directly to Centrelink to receive this benefit. Get more information about Financial Assistance programs.

Work Placement

Why is a Work Placement Required?

Work placement is required to ensure that the student is able to demonstrate and apply what he or she has learnt in an industry context. Work placement ensures the relevance of learning and assessment tasks and helps to produce graduates who are job ready and thereby increase employment opportunities.

Work placement also provides insight into particular job roles and responsibilities within an industry context. The student can find out if this is the right industry for them and whether they are right for this industry.

Workplace assessments and training must be undertaken in workplace organisations that are suitable for the course. The student must be under the direction of an appropriately qualified and experienced supervisor. The workplace assessments will be conducted by Cengage Education Workplace Assessors, who will contact both the workplace organisation and the student to arrange mutually convenient times to conduct the workplace assessments.

Work Placement Terms and Conditions

Cengage Education will assist students to identify work placement opportunities in an appropriate organisation however, it is the responsibility of the student to find and complete the work placement. In the event that the student has previously arranged a work placement Cengage Education will check the suitability of this arrangement. Cengage Education will make reasonable efforts to organise for assessment to be conducted in the workplace however, the student may be required to attend assessment events at other locations. If the student does not complete a mandatory work placement within the duration of the course Cengage Education is not permitted to issue the qualification.

Insurance

Cengage Education is pleased to offer our students insurance cover for any mandatory work placement they undertake as part of their course. Known as Volunteer Insurance, the policy covers ‘Personal Accidents’ in the workplace, and will help put employers’ minds at ease for the duration of the work placement. A copy of the Certificate of Currency can be requested from the Cengage Education Workplace Coordinator on 1300 882 121. Please note that this policy does not provide professional indemnity coverage.

* Terms and conditions apply
Course Number D0042
Course Type Correspondence
Course Duration Max 24 months
Study Hours Approx 470 hrs
Qualification Certificate IV
Nationally Recognised What does this mean?

Learning Periods:

This course is divided into 6 learning periods

Computer requirements

To complete this course you will need access to:

  • A computer with Windows® 95/98 or higher
  • CD-ROM drive.

It is recommended that students have access to Internet and e-mail facilities.

Assessment details

  • 20 written assessments
  • 10 workplace assessments

Entry requirements
Certificate III & Certificate IV courses

School Certificate or equivalent OR relevant qualification OR relevant vocational experience.

English Language Requirements:

If English is your second language and you did not complete the last two years of secondary education in English you are required to provide evidence of English language competence before enrolling. Examples of appropriate evidence are:

Evidence

Example

IELTS

Overall score of 5.5

TOEFL

530 (paper), 197 (computer) or 71 Internet.

Evidence of employment in an English speaking country.

12 month period of employment: Letters of Appointment, Letters of Reference, Testimonials, Performance Appraisals etc

Not sure if you meet the entry requirements?
Please call 1300 853 033

Subjects You’ll Cover

BSBSMB401A Establish legal and risk management requirements of small business (core)

  • Identify and implement business legal documents
  • Comply with legislation codes and regulatory requirements
  • Negotiate and arrange contracts

BSBSMB402A Plan small business finance (core)

  • Identify costs, calculate prices and prepare profit statement
  • Develop and update financial plans
  • Acquire finance

BSBSMB403A Market the small business (core)

  • Develop marketing strategies
  • Determine a marketing mix for the business
  • Implement marketing strategies
  • Monitor and improve marketing performance

BSBSMB404A Undertake small business planning (core)

  • Identify elements of the business plan
  • Develop a business plan
  • Develop strategies for minimising risks

BSBCUS401A Coordinate implementation of customer services strategies (elective)

  • Advise on customer service needs
  • Support implementation of customer service strategies
  • Evaluate and report on customer service

BSBFIA402A Report on financial activity (elective)

  • Compile financial information and data
  • Prepare statutory requirement reports
  • Provide financial business recommendations

BSBPMG510A Manage projects (elective)

  • Define project
  • Develop project plan
  • Administer and monitor a project
  • Finalise project
  • Review project

BSBREL401A Establish networks (elective)

  • Develop and maintain business networks
  • Establish and maintain business relationships
  • Promote the relationship

BSBREL402A Build client relationships and business networks (elective)

  • Initiate interpersonal communication with clients
  • Establish client relationship management strategies
  • Maintain and improve ongoing relationships with clients
  • Build and maintain networks

BSBSMB405A Monitor and manage small business operations (elective)

  • Develop operational strategies
  • Implement operational strategies
  • Monitor business performance
  • Maintain networks
  • Review business operations

* Fortnightly payment plans also available –     call our Sales team on 1300 853 033.