Certificate IV in Small Business Management

Course overview

This course is for people who intend to go into small business as an owner and/or manager as well as those who are already a small business owner and/or manager.

This course provides the skills and knowledge required to manage the establishment, planning, promotion, finances, operations and workforce of a small business.

Course structure

The course structure below shows what you must do to complete this course. Units/modules are arranged in groups and sometimes also in subgroups.

You must complete each group as specified as well as following the course completion instructions. If a course contains optional groups there will be a statement at the top of the course indicating how many you must do. At the top of any group containing optional subgroups there will be a statement saying how many you must do.

Online Course

To achieve the qualification BSB40407 Certificate IV in Small Business Management (TAFE NSW course number 17824), learners are required to complete 10 units of competency.

This requires completion of 4 core units and 6 elective units which includes the following:

Core Units:

BSBSMB401A Establish legal and risk management requirements of small business

BSBSMB402A Plan small business finances

BSBSMB403A Market the small business

BSBSMB404A Undertake small business planning

Elective Units:

BSBSMB301A Investigate micro business opportunities

BSBCUS401A Coordinate implementation of customer service strategies

BSBOHS407A Monitor a safe workplace

BSBSMB405A Monitor and manage small business operations

BSBSMB406A Manage small business finances

BSBWOR404B Develop work priorities

Distance Course

Core units:

BSBSMB401A Establish legal and risk management requirements of small business

BSBSMB402A Plan small business finances

BSBSMB403A Market the small business

BSBSMB404A Undertake small business planning

Elective Units:

BSBOHS407A Monitor a safe workplace

BSBSMB403A Market the small business

BSBMKG413A Promote products and services

BSBMGT402A Implement operational plan

FNSACCT401A Process business tax requirements

BSBSMB409A Build and maintain relationships with small business stakeholders

Career Opportunities

Small business owner/manager.

Entry Requirements

There are no entry requirements for this qualification.

Candidates may enter the qualification through a number of entry points demonstrating potential to undertake vocational education and training at certificate level, including:

With personal or vocational experience in a specific industry

With vocational experience in a specific industry and an industry specific
qualification.

Articulation

When you finish this course you may be eligible to do BSB50207 Diploma of Business or other specialist Diploma qualifications in the Business Services Training Package (BSB07) such as marketing, management or human resources. In addition, depending on units/electives completed in this course, you may be eligible for advanced standing in other courses and other Training Package qualifications.

Recognition of Prior Learning and Credit Transfer

Recognition of prior learning (RPL) is the process of assessing a candidate’s competence based on evidence other than a recent testamur listing identical or equivalent units. Evidence that may be used for recognition includes (but is not limited to)

older testamur listing identical or equivalent units together with evidence of currency

current testamur listing similar, but not equivalent, units of competence together with evidence of competence in the gaps between those units and the target units

evidence of competence gained through informal learning and/or work experience

Credit Transfer is the process of acknowledging successful completion of one or more units of competence with TAFE NSW or any other RTO. To have those units credited towards the current qualification, the student must be able to provide a testamur with transcript of competencies achieved.

If the date of the testamur is more than three years prior to the current enrolment the candidate will need to demonstrate that their competencies are still current. This changes the process from credit transfer to recognition.

Note: For Credit Transfer and RPL - Units are only considered ‘equivalent’ if the current Training Package lists them as such in the mapping of units from the immediately previous version of that Training Package.

Sub courses
Coordinate implementation of customer service strategies	BSBCUS401A
Implement operational plan	BSBMGT402A
Promote products and services	BSBMKG413A
Monitor a safe workplace	BSBOHS407A
Investigate micro business opportunities	BSBSMB301A
Establish legal and risk management requirements of small business	BSBSMB401A
Plan small business finances	BSBSMB402A
Market the small business	BSBSMB403A
Monitor and manage small business operations	BSBSMB405A
Manage small business finances	BSBSMB406A
Build and maintain relationships with small business stakeholders	BSBSMB409A
Develop work priorities	BSBWOR404B
Process business tax requirements	FNSACC401A
Undertake small business planning	BSBSMB404A