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Certificate IV In Small Business Management - BSB40407


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Certificate IV in Small Business Management BSB40407

This qualification reflects the role of individuals who use well-developed skills and a broad knowledge base in a wide variety of small business contexts.  They apply solutions to a defined range of unpredictable problems, and analyse and evaluate information from a variety of sources.  They may provide leadership and guidance to others with responsibility for the output of others.                
Qualifications structure:
This qualification requires 10 units, consisting of 4 core units, plus 6 elected units from business or another training package.

Core industry 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

Elected units
  • BSBCUS401A    Coordinate implementation of customer service strategies
  • BSBCUS402A    Address customer needs
  • BSBFIA402A    Report on financial activity
  • BSBINN301A    Promote innovation in a team environment
  • BSBMKG413A    Promote products and services
  • BSBMKG414A    Undertake marketing activities
  • BSBPMG510A    Manage projects
  • BSBREL401A    Establish networks
  • BSBREL402A    Build client relationships and business networks
  • BSBRES401A    Analyse and present research information
  • BSBSMB405A    Monitor and manage small business operations
  • BSBSMB406A    Manage small business finances
  • BSBSMB407A    Manage a small team
  • FNSACCT407A    Set up and operate a computerised accounting system
  • PSPGOV407B    Provide a quotation

Career Opportunities:
Small business owner/manager.

Duration for training

The duration of a course depends greatly on you, the time you have to dedicate to the learning activities and assessments and the timeframe in which you want to complete the course.  All courses do have a maximum timeframe in which they need to be competed, however the minimum is set by you.  

Competency Based Training & Assessment
Participants enrolled in training leading to either a statement of attainment or certificate are required to complete assessments to demonstrate competency.    

Competency based assessment is the process of gathering evidence to confirm that participants can perform required skills and knowledge.  

Assessments undertaken may include:


  • Written/oral assessments
  • Practical demonstrations
  • Completion of case studies and similar activities
  • Development of a portfolio
  • Work samples
  • Third party reports

Participants will be given feedback on all assessment activities.  Competency based assessment does not use a marking scale rather the participant is deemed competent or not yet competent.  
Recognition of Prior Learning (RPL) Recognition of Prior Learning is the process of formal recognition for skills and knowledge gained through previous learning such as:

  • Life experiences
  • Previous formal learning
  • Employment
  • Recreational or personal interests

You may be eligible for recognition of prior learning for part or all of a qualification, based on your previous experiences and learning.  For more information regarding RPL and how to apply, please contact us for an obligation free consultation.

On completion

On successful completion of all requirements for the training you will receive a nationally recognised qualification.

Nationally recognised qualifications are qualifications developed to meet the requirements of the Australian Qualifications Framework (AQF). These qualifications can be awarded only by registered training organisations and are recognised throughout Australia. A nationally recognised qualification, through a registered training organisation means that you will be acquiring skills to meet the needs of industry and employers as well as your own.


Payment Options
Enrol now with an interest free weekly payment plan of just $50 per week. Phone 1800 663 989 or request your free course information pack NOW!