Certificate IV in Entrepreneurship and New Business


Unlock Your Entrepreneurial Spirit

Feel confident in your skills and become your own boss.

Looking to start a new venture?
Already have the ideas?
Ready to lead the way and be your own boss?

Become a savvy business owner and idea-generating machine.

If you are passionate about being a self starter and paving your own way then the BSB40320 Certificate IV in Entrepreneurship and New Business is for you.

In this Entrepreneurship course, you will learn how to operate, manage and lead a small business with topics from finance to marketing and networking. Develop strong foundations in your business to support your growth as well as enhance your leadership skills and learn what it means to have responsibility for the output of others.

Become a nationally accredited and qualified business professional today with Foundation Training Australia.

Why Bother?

  • 100% online. Study when and how you want.
  • Gain the fundamental skills of running and operating a business
  • Ongoing study support and goal accountability
  • You’ll even learn how to manage tricky business finances!

Job Prospects

Business owner
Operations manager
Small Business Manager

Study Mode

Self-paced online learning.

Next Intake

Enrol anytime



Want more info?

Discover what it’s like to study an Entrepreneurship and New Business course.


From the day of signing up to submitting my last unit, the whole FTA team kept in touch and checked in with me often. The support I received was fantastic.”

Student Q&A: Ashleigh Morrison
Read the full testimonial

BSB40320 Certificate IV in Entrepreneurship and New Business Course Flyer

An in-depth look at the course, to download your own copy, click ‘get course guide’ above.

Course Structure

What you’ll learn

This Entrepreneurship course covers the fundamentals of starting a new and successful business from operations to marketing to managing finances.  It is ideal for anyone who wants to develop their ideas into a new venture.

Ways to study

Recognition of Prior Learning

Your experience adds up and you can use this to fast-track your qualification.  If you’ve got a tonne of industry experience this can be used to gain part or all of your qual.


Online learning has never been more social! Each student gets a dedicated Learning Engagement Officer who’s there to help you set and follow through on your goals.

Self-paced Learning

Work in your own time, when and how you want! You are in complete control of your goals and your study while, we will provide as much or as little support as you want, you call the shots.

To achieve this qualification, you must demonstrate competency in 4 core and 6 elective units. Please refer below for the core units of competency and a sample of suggested electives:

Core Units (4)

  • 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

Suggested Elective Units (6)

  • BSBESB407 Manage finances for new business ventures
  • BSBESB301 Investigate business opportunities
  • BSBESB406 Establish operational strategies and procedures for new business ventures
  • BSBOPS404 Implement customer service strategies
  • BSBSTR401 Promote innovation in team environments
  • BSBOPS401 Coordinate business resources

Ensuring your staff have the practical and technical skills in Business is critical to maximising the potential of your team. Our scope of Business qualifications provides foundation-level skills through to advanced and specialised skills in project management and business operations. Plus, with online learning being so accessible, you can ensure your workforce is skilled and competent in-line with your business goals.

  • Customised training plans that suit your timeline requirements
  • Our Trainers have worked in business, of all levels, their entire career. They are industry experts here to support the success of every student.
  • We are known for being responsive.
  • This course aims to build understanding of the entire business from financial budgets to marketing and operations. Your staff will better understand the intricacies involved in running a successful business.
  • Business owner
  • Operations manager
  • Small Business Manager

The course duration will vary depending on your experience, skills and chosen study mode. As a guide:

  • Between 12 – 24 months depending on your current experience and skills
  • Recognition of Prior Learning (RPL): 3-6 months- this term may be extended by Funding Criteria, amount of RPL awarded and subsequent Gap Training required  – eligibility criteria apply
  • Fee for service: 3-12 months subject to the amount of RPL awarded and subsequent Gap Training required
  • CSQ:
    • Program completion date is 20 September 2022 (for the Higher Level Skills General Program 2020/21 Contract)
    • Program completion date is 20 September 2022(for the Apprentice Advance+ Higher Level Skills Program 2020/21 Contract)

Your skills will be assessed through a mix of practical and theory tasks. Which is essentially showing us what you’ve learnt and how you do it.

Theory may be assessed Online. Practical Assessment will be conducted at your place of work or work site with fit for purpose facilities and equipment which are to be made available to your FTA trainer & Assessor for training and assessment purposes.

Let’s talk about the money

Ready to take the leap towards your nationally recognised qualification? View the range of funding options available to assist both students and employers in gaining valuable training.

Fee For Service

Fee For Service

Our flexible Fee For Service model accommodates individuals ready to start their qualification today while making ongoing, manageable payments.



CSQ is designed to give Building and Construction workers recognition for skills learnt on the job but for which they don’t currently hold a formal qualification.

Higher Level Skills

Higher Level Skills

This program assists individuals to gain the higher skills required to secure employment, advance in a priority industry, or to transition to university.

Get started.

Step up and elevate yourself. We’re here to support you.

We mean business

We are the benchmark in education and training performance and we’re bloody good at it.

Learner Support

Our trainers have years of hands on experience in business, providing you with unparalleled access to first-hand industry knowledge throughout your course.

Limitless Learning

We believe that everyone should be able to learn in inspiring ways. That’s why we deliver training how you learn best plus, you get your own Learning Engagement Officer to support your progress through the course.

Recognised Qualifications

This new small business course is nationally recognised, so you can work anywhere in Australia with confidence.