Certificate IV in Entrepreneurship and New Business


Ninety per cent of Australian businesses are small businesses. They account for 33% of Australia’s GDP and employ over 40% of Australia’s workforce. Be better at business; Enrol today!


The Certificate IV in Entrepreneurship and New Business (BSB40320) is suitable for anyone who wants to start a small business or  managers who use well developed skills and a broad knowledge base to solve a range of defined range of unpredictable problems, and analyse and evaluate information from a variety of sources. This course is ideal for:

-an owner-operator of a small business such as a retail outlet employing between five and ten staff.
-owner-operator of a small franchise employing between five and ten staff that provides a mobile service to customers such as home maintenance.
-anyone managing an organisation which provides consultation or advisory services to small business.


nrt logoTo be granted a Certificate IV in Entrepreneurship and New  Business (BSB40320), participants must complete four (4) core units and six (6) elective units.  WISE, through industry consultation, is currently offering the following units as part of the qualification though we can also replace the elective units with ones suitable to your needs.  Upon the enrolment process, a review will be made of your current experiences and qualifications to determine if you are eligible for any credit transfer or RPL for Units of Competency not listed here and that meet the packaging rules.  

Course Units

Course Units

BSBESB401 Research and develop business plans (core)

Research and develop business plans for achieving business goals and objectives.

BSBESB402 Establish legal and risk management requirements of new business ventures (core)

Identify and comply with legal and risk management requirements of the business or new business venture, including negotiating, creating and planning for legal contracts used within the business

BSBESB403 Plan finances for new business ventures (core)

Identify financial requirements of a business, including profit targets, cash flow projections and strategies to garner financial support.

BSBESB404 Market new business ventures (core)

Learn useful online and offline marketing strategies including developing and implementing a marketing strategy as well as analysing and interpreting market data. 

BSBESB406 Establish operational strategies and procedures for new business ventures

Develop and implement operational strategies and procedures for new businesses.

BSBESB301 Investigate business opportunities

Opportunities are everywhere.  Identify a business opportunity and its key components along with determining the viability of the opportunity.

BSBTWK401 Build and maintain business relationships

Establish, develop and maintain effective work relationships and networks through relationship building and negotiation skills

BSBINS401 Analyse and present research information

Collect, organise, analyse and present information using available systems and sources.

BSBXCS402 - Promote workplace cyber security awareness and best practices

Cybersecurity is a serious concern for small business.  Find out how to promote cyber security in a work area.

SIRXMKT006 Develop a social media strategy

Plan and evaluate the use of social media and determine suitable social media platforms, plan appropriate use and evaluate the effectiveness of social media activity.


Course Offerings



8-week course 

A great way to start your week for your business!  Meet online via zoom each Tuesday morning over 8 weeks to learn better business strategies in a structured program.  Each person will also receive one half-hour personal coaching session (value $150).  Price includes $300 enrolment fee and learning materials.

$997 Non-assessed

$1997 Assessed

Mastermind Sessions

Masterminds are very powerful.  A small group (5-6) people get together on a weekly basis (2 hours per week) for 6 weeks and share an issue around small business they are experiencing. The person then receives the collective intelligence from the group to give some possible solutions.  


Online 1-1 Course and Coaching

6 fortNightly 2-hour SESSIONS

For those who may not want to gain a qualification but want to develop their business with guided instruction and coaching.  Spaces are limited for this personalised course and coaching. Payment plans available. 

$1997 Non-assessed


What Our Students Say

Dr Dion’s knowledge in the business area was extremely evident. Each week that we spoke, my mind was expended and grew with understanding and awareness. It was because of his teaching style that made the concepts easy to grasp and also meant questions were minimal because it was explained in such a way. In fact, the entire lesson time felt more like a conversation with a mentor rather than a teacher speaking at you during school. 

Brittney B., Canberra

Another one coming soon!


Satisfaction Guaranteed

We are confident that you will always receive value for money. If you found that the course was a waste of your time and you didn’t learn anything, we will return your tuition.  Conditions Apply. *

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