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BSBESB407

Manage finances for new business ventures

Imagine steering your new business venture with a financial strategy so precise it turns uncertainty into profitability. Welcome to BSBESB407, designed to arm you with the tools and knowledge to adeptly manage the financial elements of your business venture, making sure every dollar works for you.

Course Overview | Manage finances for new business ventures

This unit covers the skills and knowledge required to implement and review financial management strategies using new and emerging digital technologies. BSBESB407 is crucial for those establishing a business for self-employment and those creating new ventures within larger organisations. By mastering this unit, you’ll gain the expertise needed to produce financial budgets, manage business capital, and make data-driven decisions that ensure long-term financial health.

Cost

Your Investment:
From $395

The course investment starts from $395. With amazingly affordable pricing, we offer two options to allow you to spread out your investment

Entry Requirements

Pre Req's:
NONE

There are no ATAR or other entry requirements to start studying this course. Just a desire to learn!

Delivery

DURATION:
Self-Paced

Students normally should expect to do 1 unit every 2 weeks. It’s OK to take longer, but there is a maximum time frame of 12 months.

There is no minimum time period, so if you have the time now to apply yourself, you can complete this course as fast as want. 

Duration

DELIVERY:
100% online

Our courses are delivered 100% online using some of the most innovative and engaging learning materials available with full mentor support every step of the way.

Start Dates

START DATES:
NOW

This course is available to start now or whenever you are ready to go. Just use the Enrol Now button at the top of the page to get started and enrol online.

Nationally Recognised Training

Nationally:
Recognised Training

This is course is a nationally recognised training programme that can lead to vocational qualifications and credentials that are recognised across Australia.

Key Learning Outcomes

  • Identify financial information requirements and obtain specialist services.
  • Develop financial budgets or projections and understand legal requirements.
  • Create plans to negotiate and manage business capital effectively.
  • Implement and maintain strategies for adequate tax provisions.
  • Develop and monitor client credit policies to maximise cash flow.
  • Select and use key performance indicators (KPIs) for ongoing financial monitoring.

Course Structure | Manage finances for new business ventures

  • Implement Financial Strategy: Identify financial requirements, develop budgets, plan for taxation, and maintain financial documentation.
  • Monitor Financial Performance: Use available systems to analyse financial performance and evaluate the impact of marketing and operational strategies.
  • Review Financial Performance: Assess financial strategies periodically and implement new digital technologies to boost profitability.

Why Choose this Course:
Manage finances for new business ventures

Choosing BSBESB407 means embracing a proactive approach to financial management. This unit is vital for entrepreneurs and financial managers dedicated to driving their business ventures to new heights through meticulous financial planning and strategy evaluation.

The Critical Edge

In today’s volatile market, a sound financial strategy can be the determining factor between success and failure. BSBESB407 provides that critical edge by employing digital technologies and strategic planning, ensuring your business not only survives but thrives.

Take the Leap

Are you prepared to master the complexities of financial management for your new business venture? Engage with BSBESB407 and equip yourself with the skills to navigate your business to financial success.

Your Investment

Enrol in BSBESB407 today and take control of your business's financial destiny with precision and confidence!

Edmund Barton College of Business logo

One Easy Payment
Nothing Else to Pay

Total =$395

All the learning materials, tuition, assessments, student support and issuing of your Certificate are provided in the fee.

Additional Information

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.

Entry Requirements

There are no prerequisites or licensing, legislative or certification requirements required to undertake this qualification.

Resources
Assessment Methods
RPL & Credit Transfer

Make the choice to study with a college that has been delivering accredited courses for over 17 years.

We focus only on delivering our business courses 100% online to allow our students to study a course that suits them in the timeframes that suit them.

We have industry-leading mentors ready to help you every step of the way and we pride ourselves on supporting our students through every step of their studies.

Don't get lost in the system and study at a college that truly cares about each individual.

Fun and engaging learning methods

Our courses are the future of online education! All of our courses are made up of engaging content, quizzes and interactive media designed to make learning fun!

Interactive assessments

Assessments are all made up of quizzes, and long and short answer questions. There is no pass or fail results, we work with you to make sure you understand the topic before moving to the next.

Don't just take our word for it

Listen to one of our previous students, Tarek, talk about the 3 main reasons why he thinks you should study at Edmund Barton College.

1) Affordable courses that are all AQF (Australian Qualification Framework) certified.

2) An amazing system that allows you to study in your own time. The harder you study- the faster you complete your course.

3) An excellent support system that gives you the help you need.

Tarek I. - A previous student in Diploma of Business

Try a business course for free!

Did you know we offer free trials on our courses? 

Try a unit to see if it is the right course and the right level of study for you. 

And if you don't like it .... try another one!

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