Certificate IV in New Small Business

Course Code: BSB42618

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Only $1490 for Cert IV New Small Business
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Want to learn the skills that will help you understand how to start and grow a business?

The BBSB42618 Certificate IV in New Small Business is the latest Australian nationally-recognised and accredited course suitable for anyone wishing to take their business to the next level!

*CLICK HERE to Get your Full Course Info Pack Now!*


Where Can the BSB42618 Certificate IV in New Small Business Take Your Career?

The Cert IV in New Small Business (BSB42618) will give you that extra ‘edge’ in the highly competitive business industry, and is perfect for anyone wishing to take on  job roles such as:

  • Small Business Owner
  • Frontline Manager

Course Delivery

Inspire Education (RTO# 32067) delivers this course through Mixed Mode Delivery, which means it will be self-paced and completed via distance education using Inspire’s online student portal.  Delivery includes face-to-face webinars, self-paced study, directed research and online learning and assessment materials and activities.

This enables students to complete their Certificate IV in New Small Business (BSB42618) at their own pace.  This delivery method is so popular because students are able to complete their course from Sydney, Melbourne, Brisbane, Perth, or in fact anywhere in Australia at times that are most convenient for them.

Please read our policies and procedures in the Inspire Education (RTO# 32067) student handbook before enrolling by clicking here.

Course Duration:  You will have up to 12 months to complete the course from your enrolment date through online/distance learning. Inspire Education (RTO# 32067) has a continual intake of students on this basis.

*CLICK HERE to Get your Full Course Info Pack Now!*


What Will you Learn in this Business Course?

The BSB42618 Certificate IV in New Small Business course is the ideal qualification to take your business to the next level! Whether you have a small business or starting out with a great concept, having the knowledge and skills will help you understand what you need to start and grow a business! This course will help you explore your business idea, assess opportunities, analyse finances, and develop strategies to advance your business.

Learn practical skills to grow your business and discover how to coordinate work priorities, meet your customer’s needs, and lead a cohesive, purpose-driven team. This qualification will give you the know-how to begin your small business and become your own boss

Course Outline & Structure

Expected Study Hours:  There are a total of up to 934 expected study hours for this course, depending on your existing skills and knowledge. To assess your knowledge, you will be asked to complete a Personal Learning Plan Evaluation after you enrol. Upon completion, you will be provided with a training plan that identifies your cohort, taking into account your existing level of knowledge and skill in this vocational area.

The amount of training and support required for each learner will vary according to their existing experience, knowledge and skills.

Inspire Education has identified four student cohorts:

 Beginner Cohort (Full Study Model) – Includes learners with limited relevant knowledge or skill in the competence contained in this qualification; No recent related industry experience; Study hours is up to 934 hours
 Intermediate Cohort (Partial Study Model) – includes learners with moderate relevant knowledge and skill in the competence contained in this qualification; limited recent related industry experience; study hours is up to 625 hours
 Advanced Cohort (Partial Recognition Pathway) – includes learners with extensive relevant knowledge and skill in the competence contained in this qualification; recent related industry work experience of one year or more; study hours is up to 474 hours
 Expert Cohort (Assessment only) – consists of individuals with current industry experience of 2 or more years and extensive relevant knowledge and skill in the competence contained in this qualification; these candidates are recommended to undertake a full recognition pathway; study hours is up to 460 hours

Assessment Methods:  Assessment is conducted using a combination of questioning, product-based methods*,  product-based methods, direct observation, and third-party evidence*

*Students have the option to undertake assessments for certain subjects in the workplace or using the simulation environment


BSB42415 Course Units

Inspire’s BSB42415 Certificate IV in New Small Business is comprised of a total of 10 units — 4 core units and 6 elective units which have been carefully selected to ensure they meet the needs of a wide range of business entrepreneurs.

Core Units:

BSBSMB401 – Establish legal and risk management requirements of small businesss
BSBSMB403 – Market the small business
BSBSMB404 – Undertake small business planning
BSBSMB421 – Manage small business finances


Elective Units:

BSBCUS401 – Coordinate implementation of customer service strategies
BSBLDR401 – Communicate effectively as a workplace leader
BSBRES411 – Analyse and present research information
BSBSMB420 – Evaluate and develop small business operations
BSBADM409 – Coordinate business resources
BSBADM502 – Manage meetings

Entry Requirements

There are no prerequisites required to enter the Cert IV in New Small Business (BSB40515). However, it is preferred that students:

  • Are 18 years or older
  • Have sound language and literacy skills (at least Year 10 English, or equivalent)
  • Have basic computer skills

Students are required to:

  • Obtain a Unique Student Identifier (USI)
  • Provide a valid ID with his/her picture and signature
  • Undertake a Language, Literacy and Numeracy Evaluation
  • Undertake a Personal Learning Plan, with Cohort explanation and learning pathway

All students considering a self-paced online course should give consideration to the following prior to enrolment:

  • Ability to access any required technologies
  • Information technology skills in accessing and using online programs
  • Experience and self-motivation to learn on their own
  • Competing pressures, such as work and family commitments, that may impact self-paced study time

Take our “Online Study Readiness Survey” to do a self-assessment! Visit the Inspire FAQ page for more info.


To support you in your studies Inspire will provide:

  • Access to a student account in the Learning Management System (LMS) for submission
  • Learning Materials and Assessment Workbooks
  • Simulations, where applicable
  • Templates for completing Project Documents
  • MYOB Student Edition

To complete your studies you will need to have access to:

  • Where possible, access to a workplace where they can complete their assessments under a supervisor (Note: Inspire Education will provide a simulated environment for students unable to secure a workplace for their assessments – for units applicable under simulated pathway only)
  • Computer with:
    • Internet access through Google Chrome
    • MS Word, MS PowerPoint or equivalent applications
    • Adobe Acrobat Reader
  • Video-recording equipment (e.g. mobile phone or video recorder) to record role-play activities and presentations
  • At least six (6) people to participate in various role play tasks or practical activities (may be friends, family members, colleagues, etc.)
  • A safe environment to conduct the role play activity
  • Equipment for a research presentation i.e. laptop, projector, project screen
  • MYOB AccountRight Enterprise v19
  • Printer and scanner for processing documents
  • Webcam and USB headset for participating in webinars (optional)

Qualification Pathways

Once enrolled, you may also consider additional training to complement your business skills, with courses such as:

  • BSB42015 Certificate IV in Leadership and Management
  • BSB40515 Certificate IV in Business Administration
  • BSB51918 Diploma of Leadership and Management
  • BSB50515 Diploma of Franchising
  • BSB42518 Certificate IV in Small Business Management
  • BSB40715 Certificate IV in Franchising

Recognition of Prior Learning (RPL)

The RPL pathway is available to any learner who can provide evidence of competency for the units offered within the qualification. See the RPL Guide for more information on this process and how to apply.

Inspire works with a range of reputable parties to market and recruit for national qualification and courses. Students of Inspire Education may be recruited by other parties under specific arrangements.



^To enrol now, pay only the upfront fee and take advantage of easy monthly payments for the remaining course balance. View the course information pack for complete pricing details.

Your FREE Certificate IV in New Small Business Course Info Pack Includes:

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