BSB40320
Certificate IV in Entrepreneurship and New Business
Nationally Recognised Qualification
Starting a business requires more than passion—it demands practical knowledge of business planning, finance, marketing, operations, and legal requirements. The BSB40320 Certificate IV in Entrepreneurship and New Business gives you the frameworks, tools, and confidence to turn your business idea into viable reality.
Whether you’re launching your first venture, developing a new business unit within an existing organisation, or want to understand the full spectrum of business startup requirements, this qualification provides practical, actionable knowledge that reduces risk and increases your chances of success.
Your Investment
On enrolling: $1,475
After 3 months: $1,475
After 6 months: $475
Total = $3,425
RTO 90768 | Secure Checkout | Start in Less Than 24 Hours | Unlimited Support
BSB40320- Certificate IV in Entrepreneurship and New Business
Starting a business whilst managing existing work and life commitments is challenging—which is why this qualification is designed for maximum flexibility. Study 100% online at your own pace, working through business planning modules as your venture develops. Our interactive design includes practical exercises like market research, financial modelling, and business plan development that you can apply directly to your own business idea.
Personalised mentor support means you’re not navigating the startup journey alone. Our mentors can help you think through specific challenges in your venture, apply concepts to your market, and avoid common pitfalls that derail new businesses.
QUALIFICATION DETAILS
Essential Information
Awards:
BSB40320- Certificate IV in Entrepreneurship and New Business
Start Date:
Now. Ready when you are.
Delivery:
100% online, self paced
Nationally Recognised:
Yes (RTO90768)
Schedule:
Self-Paced up to 24 months.
On average a unit will take around 12 Hours.
Students normally should expect to do 1 unit every 2 weeks but you can work this into your schedule.
Duration:
Students who study an average of 5 hours per week can expect to complete in 9 Months. If you have the time now to apply yourself, you can complete this course as fast as want.
Who is this for:
Our courses are perfect for both individuals looking to upskill and businesses aiming to develop their teams. Whether you're seeking professional development or want to enhance your staff's capabilities, our nationally recognised units provide flexible learning opportunities tailored to your needs.
Pre-requisites:
There are no ATAR or other entry requirements to start studying this course. Just a desire to learn!
Assessment Methods:
Our online courses use a variety of assessment methods, including case studies, knowledge questions, practical activities, written reports, quizzes, reflection journals, and practical demonstrations (where applicable), all designed to test your understanding, practical application, and skills at your own pace with feedback and guidance from your mentor.
Description:
The BSB40320 Certificate IV in Entrepreneurship and New Business is purpose-built for people who want to create something new. This nationally recognised qualification consists of 12 units (6 core and 6 electives) covering opportunity identification, business planning, finance, marketing, legal requirements, and operational setup.
You’ll work through the complete journey from investigating business opportunities and developing proposals, through to establishing legal structures, planning finances, marketing new ventures, and setting up operations. This qualification doesn’t just teach theory—it guides you through building an actual business plan you can use.
The Enrolment Process
Don’t just imagine success—create it. Take the leap with the BSB40320 Certificate IV in Entrepreneurship and New Business. Enroll Now and pave the way for your entrepreneurial success!
1
Choose & Purchase
Select your unit and click "Enrol Now" to proceed to our secure checkout page. Payment options include credit card, PayPal, AfterPay, and Zip for your convenience.
2
Recieve Confirmation
After completing your payment, you'll receive an instant confirmation email with your receipt and next steps. Our team begins processing your enrolment immediately.
3
Access Your Course
Within 24 hours, we'll:
- Set up your student portal access
- Email your login details
- Send your official enrolment form to complete
- Provide access to all course materials and assessments
That's it! You can begin studying as soon as you receive your login details, with full support from our team throughout your learning journey.
Need help? Contact our friendly enrolment team at enrol@edmundbartoncollege.edu.au or 02 9135 2988 if you have any questions.
Learning Platform Preview
Experience Real-World, Interactive Learning
Forget boring PDFs.
Our 100% HTML-based courses immerse you in simulated business environments with real workplace documentation, scenarios, and tasks. Every lesson prepares you for actual business challenges.
Full immersion simulations
Interactive role-based learning
Practical workplace assessments
Focused skill modules
What You Will Learn
- Opportunity Identification: Research and evaluate business opportunities with systematic analysis of market viability and competitive advantage
- Business Planning: Develop comprehensive business plans with clear value propositions, target markets, and revenue models
- Financial Planning: Plan and manage finances for new ventures, including startup costs, cash flow projections, and funding strategies
- Legal & Risk Management: Establish legal structures, understand regulatory requirements, and manage risks specific to new ventures
- Marketing & Customer Acquisition: Develop and implement marketing strategies that build brand awareness and attract customers
- Operational Setup: Establish operational procedures, systems, and processes that support sustainable business growth
Not Ready For a Full Qualification?
That's OK, we specialise in supplying individual units.
COURSE STRUCTURE
BSB40320- Certificate IV in Entrepreneurship and New Business
The BSB40320 Certificate IV in Entrepreneurship and New Business comprises 10 units: 4 core units and 6 elective units, allowing you to tailor your learning to your specific interests and business goals.
Core Units
- Establish legal and risk management requirements of new business venturesBSBESB402
- Plan finances for new business venturesBSBESB403
- Market new business venturesBSBESB404
- Research and develop business plansBSBESB401
Elective Units
Note, we can create custom courses for any qualification (minimum seat bookings apply)
Why Choose This Course?
Students who choose us get more than just a great education and a great start to a career - they get a fully integrated experience that will resonate for years to come. Anyone can go the conventional route, but our students choose us because they want an amazing start and the full support that our engaged and involved faculty and staff can offer.
"I have thoroughly enjoyed completely this Diploma, it was something that I thought was out of my reach.
My Mentor’s kind words every step of the way has been encouraging and motivating. I certainly found the last two topics the hardest to get motivated to do, as life certainly got busier and procrastination kicked in. I have finished just in time for the festive season."
Amanda H
Graduate - Diploma of Leadership & Management
81.8% Completion Rate.
In the first half of 2025, 81.8% of Edmund Barton College students successfully completed their enroled units.
Compare this to the vocational education sector, where completion rates tell a different story. According to the National Centre for Vocational Education Research (NCVER), just 49% of VET qualifications commenced in 2020 were completed by the end of 2024.
87.4% VET Students Hit Their Goal
Of VET students who complete their qualification 87.4% also achieved their main training goal. Source: National Centre for Vocational Education Research Report
Additional Information
Most business programmes teach generic theory. This qualification focuses on practical application—you'll work on your actual business idea throughout, developing real plans, conducting genuine market research, and building financial models for your specific venture. By qualification completion, you'll have not just a certificate, but a comprehensive business plan ready for implementation or funding applications.Our 80% completion rate reflects engagement with content that's immediately relevant and applicable. This isn't theory for theory's sake—it's practical entrepreneurial training designed to increase your chances of business success.
Entry Requirements
To study this nationally recognised unit, learners must:
- Unique Student Identifier (USI):
- Australian residents: Provide a valid USI (create here)
- Overseas students: n/a
- Language, Literacy, Numeracy & Digital (LLN) Assessment
- Complete a short online test to:
✓ Confirm course suitability
✓ Customise the best method for your learning
- Complete a short online test to:
- Age Requirement
- Be a minimum of 16 years (under 18s need parental consent)
- Provide Valid ID
- Australian students: Government-issued ID (e.g., driver’s licence, passport, Medicare card)
- Overseas students: Officially issued photo ID (e.g., passport, national ID card). Contact us if unavailable
Additional Notes:
- No prior qualifications or work experience required
- No specific licensing or legislative prerequisites apply
- Access to a computer and stable internet is essential for online study
- Resilience and a commitment to graduating
Resources
Assessment Methods
RPL & Credit Transfer
Related Courses
Student Success Stories
From Learners to Leaders: Real Stories, Real Success
"I would like to express my gratitude for giving me the opportunity to receive my business certificate. Yours, Maddy's, Vickie's, and the team of Edmund Barton's College's cooperation and effort in preparing and delivering the course is truly appreciated. I couldn't have done it without you!
The online modules made the process very manageable and stress-free, as the learning was also very interactive given all the checkpoints. I am glad to have completed the course through Edmund Barton College as it was extremely convenient to my timings and I was able to complete it within a few months before school had started. Once again, thank you for your outstanding support!"
Shweta T
Year 12 Student
"The course was very educational and at the same time very fun. I loved (my Mentor) Michelle's comments. She made me feel very special (and smart!!). I enjoyed every moment of it!"
Mariela R
Graduate - Certificate III and IV in Business Administration
"I learned a lot through my course. The information was relevant to my job and the delivery was really fun and engaging. The Mentors were excellent in helping me with my studies. I can highly recommend these guys!"
Simon C
Graduate - Certificate IV in Customer Engagement
"I would like to say thank you to the team at Edmund Barton College, I know every time I have contacted the college the employees have been amazing with their customer service."
Ashley G
Graduate - Certificate IV in Business Administration
"I have thoroughly enjoyed completely this Diploma, it was something that I thought was out of my reach. My Mentor’s kind words every step of the way has been encouraging and motivating. I certainly found the last two topics the hardest to get motivated to do, as life certainly got busier and procrastination kicked in. I have finished just in time for the festive season."
Amanda H
Graduate - Diploma of Leadership & Management