Certificate IV in Small Business Management 
 

 
Traineeship
National Code
: 
BSB40407 
Short Course Guide
CRICOS Code:  
Centre:
Off Campus
Location:
Your home, Workplace, Off Campus
Study Area: Small Business; 
Study Area Sub Category:  
Career Card:
Office Manager 
Jump to:
Units of Competency

What does this course involve?

If you’re keen to start your own small business, or are already operating one, this course will provide you with the essential skills to become a successful manager.
You will learn the important steps to starting your own business, such as researching opportunities, establishing business and legal requirements and undertake financial planning.
You will develop skills in marketing and promoting a business, coordinating resources and analysing consumer behaviour.

What employment opportunities will I have?

This course may provide you with employment opportunities as a manager working for your own small business or for a small business employer.

As a student, the Institute’s Employment Service is your first port of call for advice on gaining employment in this field, and can be contacted on 1300 BOX HILL (1300 269 445).

Accreditation

This course is government accredited and has national recognition

What further study options will I have?

You may be able to apply for similar courses at a more advanced level at other institutions or universities and possibly receive credit for studies undertaken.

Can I apply?

You should have an idea for a new small business that you wish to commence, or be already operating your own small business

You must have:

  • successfully completed Year 11 or education, or equivalent
  • basic level of literacy and numeracy
  • basic computer skills.

How do I apply?

Direct entry – rolling enrolments

If you have any queries, please contact the Institute on 1300 BOX HILL (1300 269 445).

How will I be selected for this course?

Assessment of application

Length of course

The time taken to complete this course will vary depending on the individual input.

Where will I study?

Your home, Workplace, Off Campus

What costs and other fees should I expect?

For this course, there are two fee structures. Visit the Government Subsidised Place Eligibility page to see if you are eligible for a Government subsidised place.

Government Subsidised Fees

  1. Tuition Fee - $2.17 per hour (max $1,250.00)
  2. Concession Tuition Fee - $187.50
  3. Service and Amenities Fee - $65.00 or 90.00
  4. Material Fees - contact the Institute
Fee For Service Fees

Contact the Institute

If you are an employer seeking training for groups of employees, contact the Institute for a customised package.

How will I be assessed?

  • Written assessment

Will my previous experience or study count?

Advanced Standing is approved recognition of prior learning that is displayed as an Exemption (EX) on the student’s academic record. Recognition of Prior Learning (RPL) or Recognition of Current Competencies (RCC) takes into account the knowledge and skills you’ve already gained through your previous education and work. This may be through formal or informal training, paid or unpaid work experience, and can earn you credit if relevant to your chosen course.

 
Units of Competency

Core competencies
BSBSMB403A
Market The Small Business
50.00 hr
This unit describes the performance outcomes, skills and knowledge required to develop and implement marketing strategies, and to monitor and improve market performance. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.
BSBSMB401A
Establish Legal And Risk Management Requirements Of Small Business
60.00 hr
This unit describes the performance outcomes, skills and knowledge required to identify and comply with the regulatory, legal, taxation and insurance requirements, and risk management needs of small business. Specific legal requirements apply to the management of a small business.
BSBSMB402A
Plan Small Business Finances
50.00 hr

This unit describes the performance outcomes, skills and knowledge required to develop a financial plan to support business viability. Specific legal requirements apply to the management of a small business.

BSBSMB404A
Undertake Small Business Planning
50.00 hr
This unit describes the performance outcomes, skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives. Specific legal requirements apply to the management of a small business.
Elective competencies (compulsory)
BSBCUS401A
Coordinate Implementation Of Customer Service Strategies
40.00 hr
This unit describes the performance outcomes, skills and knowledge required to advise on, carry out and evaluate customer service strategies, including the design of improvement strategies based on feedback. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.
BSBSMB407A
Manage a Small Team
40.00 hr
This unit describes the performance outcomes, skills and knowledge required to plan for the management of and to manage staff. It involves industrial relations, staff selection, staff records, induction, training, team development and career planning to enhance business operations through retaining a competent, committed and motivated team in the workplace. This work is undertaken by individuals who operate a small business. The unit is suitable for existing micro and small businesses or a department in a larger organisation.
BSBREL401A
Establish Networks
35.00 hr
This unit describes the performance outcomes, skills and knowledge required to develop and maintain effective work relationships and networks. It covers the relationship building and negotiation skills required by workers within an organisation as well as freelance or contract workers.
BSBSMB405A
Monitor And Manage Small Business Operations
45.00 hr
This unit describes the performance outcomes, skills and knowledge required to operate a small business and to implement a business plan. The strategies involve monitoring, managing and reviewing operational procedures. Specific legal requirements apply to the management of a small business.
BSBSMB406A
Manage Small Business Finances
60.00 hr
This unit describes the performance outcomes, skills and knowledge required to implement, monitor and review strategies for the ongoing management of a small business's finances. It also includes day to day financial management of the small business. Specific legal requirements apply to the management of a small business.
BSBSMB408B
Manage Personal, Family, Cultural And Business Obligations
30.00 hr
This unit addresses the performance outcomes, skills and knowledge required to examine the impact that personal, family and cultural obligations have on business operations, and to develop and implement strategies to improve business success.
All fees quoted are indicative fees and are correct at the time of publishing. In subsequent calendar years, fees may be subject to a small increase in line with annual Institute fee pricing reviews. This qualification may have prerequisites, co-requisite or bridging units from lower or higher level qualifications. An offer of a place is always subject to places being available. The Institute reserves the right to close applications when the course is full. Where minimum course numbers are not met, the course may be cancelled at short notice. In such instances and only when possible, an alternative option may be suggested for accredited courses. For further clarification please seek advice from the Institute.

Course Enquiries

Local Students
1300 BOX HILL (1300 269 445)

International Students
+61 3 9286 9425

Please click here to see the list of courses offered to International students