BSB40320 Certificate IV in Entrepreneurship and New Business

BSB40320 Certificate IV in Entrepreneurship and New Business

Qualification Description.

This qualification reflects the role of individuals establishing or operating a business providing self-employment, as well as those establishing a new venture as part of a larger organisation.

These individuals use well developed skills and a broad knowledge base to solve a range of unpredictable problems and analyse and evaluate information from a variety of sources. They may provide leadership and guidance to others and have responsibility for the output of others.

Units to be completed, 4 core and 6 electives. Delivered in classroom environment at North Parramatta, this course can be a perfect starting point if you are looking for a career change.
BSB40320 Certificate IV in Entrepreneurship and New Business will be awarded on successful completion of all units.

Computer usage is provided in the classroom for reference to internet sites and templates. To gain the full qualification you will need to satisfactorily complete all the units listed below including all required assessments and other evidence requirements. Where a learner does not satisfactorily complete the full qualification, a Statement of Attainment will be issued for those units that have been satisfactorily completed.

Course Location

This course will be delivered in a face-to-face classroom-based environment with a qualified and skilled trainer and the self-paced journey at Western Sydney Skills Hub at North Parramatta. Address – 410 Church St, Level 3, Suite 34, North Parramatta, NSW 2151.

NSW Govt Funding.

NSW Government subsidy may be available for eligible participants when enrolling into the full qualification. Please call 02 96872072 or send an email to This email address is being protected from spambots. You need JavaScript enabled to view it. to assess your eligibility for subsidised fee.

Selection of units of competency
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
Delivery strategies.

This course is focused on developing entrepreneurship skills and will allow students to gain real experience in the classroom, practice in small groups of up to 14 students, and undertake assessments based on current industry practices. You are expected to attend 200 hours of classroom. It is expected that a full-time study load outside the classroom will involve up to 20 hours a week of study.

In class delivery includes:

  • Classroom delivery by experienced and industry skilled trainer
  • Simulated in class experience
  • Activities performed in the class
  • Role play as required in a given unit of competency
  • Audio/Video presentation to introduce learners with real life scenarios
  • Self-paced trainer led activities to reinforce, extend and reflect on what has been learnt in the class
Assessment strategies

Assessments for this qualification include both formative and summative assessments in the form of:

  • Direct observation in a simulated work environment by a Trainer/ Assessor of this course
  • Portfolio of evidence assessed by a Trainer/ Assessor of this course. This portfolio would also include workbooks completed at the students' own time
  • Critical Reflections of work undertaken in demonstrating skills
  • Role plays and workplace simulation exercises where demonstration of skills cannot be achieved within the workplace
  • Presentation of information in the workplace or in a simulated work environment
  • Written reports
  • Knowledge based exercises which demonstrate key knowledge across subjects in the form of quizzes or short answer questions

Course Fee $5,600.00

Recognition of Prior Learning (RPL)

Please note that applying for RPL may not automatically result in issuing of the qualification or statement of attainment. No refund will be made if the RPL assessment results in a partial qualification or no qualification. However, you have the right to appeal for a review of the RPL decision. Please download a copy of our Student Handbook (https://www.parramattacollege.edu.au/enrol) for further information.

Final outcome

Upon successful completion of all the required units of competency, you will be awarded with BSB40320 Certificate IV in Entrepreneurship and New Business.

Have more questions to ask?
Please feel free to contact our office on 02 9687 2072 to discuss more about the course or send an email to This email address is being protected from spambots. You need JavaScript enabled to view it.

  • Communicate effectively as a workplace leader (BSBLDR412)
  • Research and develop business plans (BSBESB401)
  • Investigate business opportunities (BSBESB301)
  • Establish operational strategies and procedures for new business ventures (BSBESB406)
  • Establish legal and risk management requirements of new business ventures (BSBESB402)
  • Build and maintain business relationships (BSBTWK401)
  • Develop a social media strategy (SIRXMKT006)
  • Review and maintain organisation's digital presence (BSBTEC405)
  • Market new business ventures (BSBESB404)
  • Plan finances for new business ventures (BSBESB403)
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Nationally Recognised Training
Nationaly Recognised Training
What is a USI?

The Unique Student Identifier or USI is a reference number that creates a secure online record of your recognised training and qualifications gained in Australia, even from different training organisations. You can read more about a USI here.

Recognition of Prior Learning

We understand that you may already have many skills and areas of expertise that you have obtained in different ways and these are recognised through our Recognition of Prior Learning (RPL) process.

Contact us

Parramatta Community College

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