Certificate IV in New Small Business

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Monarch Institute
  • Awarded by

    Monarch Institute (RTO 22530)

  • Qualification

    Certificate IV

  • Study Mode


  • Payment Options

    Payment planSkills First FundingUpfront payment

  • Duration

    12 months self-paced

  • Start Date

    Anytime – start today!

  • Career Outcomes

    Small Business Owner | Business Manager | Office Manager | Small Business Manager | View all

This course meets the Nationally Recognised Training standards. It is listed on the Australian government's National Register for Vocational Education and Training (VET). Studying this course leads to a qualification that's recognised throughout Australia, and lets employers know that you have the right skills for the job.

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  • In a Nutshell

    Whether you have a great idea on the backburner or are simply preparing for the next step in your career, this Certificate IV in New Small Business (BSB42618) is a great introduction to the ins and outs of running a successful small business.

    Covering four main topics: Getting Started, Sales & Marketing, Operations and Finance, the course is a comprehensive look at what it takes to ensure an idea is worth pursuing, get a small business running, build on successes and avoid the common pitfalls that cause 41 per cent of new businesses to fail within the first three years.

    Meet Jay – a small business student success story

  • What You'll Need to Get In

    There are no formal entry requirements for this course; anyone can apply!

    Recognition of prior learning (RPL) may be available for skills and knowledge obtained through previous study or other relevant experience.

  • Subject Breakdown

    In this business course, the units of competency you may study include:

    Core units

    • BSBSMB401 - Establish and comply with legal and risk requirements of small business
    • BSBSMB404 - Undertake small business planning
    • BSBSMB403 - Market the small business
    • BSBSMB402 - Plan small business finances

    Elective units

    • BSBCUS402 - Address customer needs
    • BSBMKG413 - Promote products and services
    • BSBITU306 - Design and produce business documents
    • BSBSMB423 - Create a digital technology plan for small business
    • BSBADV408 - Review advertising media options
    • BSBSMB421 - Manage small business finances
  • Why Monarch Institute?

    Monarch Institute specialises in providing innovative, engaging courses with a focus getting you ready to work in the real world. Courses are designed by industry experts and delivered by professionals who continue to lead in their fields. Monarch Institute has trained over 10,000 students across a range of nationally recognised and accredited courses. With Monarch, you’ll benefit from direct trainer support and trainers with the latest industry experience, and are available whenever you need them. Students graduate with a distinct competitive advantage because respected employers help shape the courses. The four largest employers of Monarch graduates are the Commonwealth Bank, NAB, Deloitte and the ANZ Bank. With Monarch Institute, you’ll get a different experience. You'll get the skills that employers really want, flexibility to study in a style to suit you, and unrivalled support that is delivered with care.

    Monarch Institute prides itself on encouraging and supporting students to meet their educational goals. Whether you choose to study in the classroom or online, you will be supported by a range of professionals who are committed to helping you succeed. All course materials have been designed with access and equity issues in mind, and assessment techniques reflect the needs of multiple learning styles.

    Monarch provides an array of services for students, including personal, educational and vocational counselling services; disability assistance; language, literacy and numeracy assistance; and student welfare and guidance services. It also offers services for Aboriginal or Torres Strait Islander students and students with disabilities or special needs in order to support them in meeting their learning goals.

  • Where will this course take you?

    Upon successful completion of this course you will receive a nationally recognised, accredited Certificate IV in New Small Business (BSB42618) from Monarch Institute.

    This course will equip you with structural business knowledge and planning abilities that will make you an attractive candidate for positions in small business enterprises across a wide range of industries. You will also have the tools to assess business opportunities and determine the feasibility of a start-up, placing you in a great position to leverage the skills gained in the course to launch your own small business.

  • Career Outcomes

    Wondering where a career in business management could take you? Potential job outcomes may include: Manager, Team Leader, Operations Manager, Business Development Manager, Office Manager, Store Manager, Sales Manager, Project Manager, Supervisor.

  • Let's talk price

    Monarch Institute offers two easy payment alternatives:

    Pay upfront and save!
    Pay for your full qualification upfront to receive a substantial discount. Total online course cost: $2,650

    Pay as you go
    Enrol in each unit individually to pay as you study.

    Government funding is also available to residents of Victoria.

    Enquire now to find out if you're eligible.

    Skills First Funding

    You may be eligible to receive Skills First Funding for this course!

    Under Skills First Funding, the Victorian government will contribute to the cost of training for eligible students to study courses that will prepare students to work in an industry with growing need for skilled workers.

    The provider of this course is a Skills First registered institution. Enquire about this course now to find out more about your eligibility.

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