Certificate IV in New Small Business

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  • Qualification:
    Certificate IV
  • Study mode:
  • Payment options:
    Payment plan
    Upfront payment
  • Duration:
    12 months self-paced
  • Start date:
    Anytime - start today!
  • Awarded by:
    Monarch Institute (RTO 22530)
  • Location:
  • Career Outcomes:
    Small Business Owner | Small Business Manager | Office Administrator | Operations Officer | Small Business Analyst | View All

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Course Rundown

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 (BSB42615) 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


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.

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
  • BSBMKG414 - Undertake marketing activities
  • BSBSMB405 - Monitor and manage small business operations
  • BSBSMB407 - Manage a small team
  • BSBSMB406 - Manage small business finances

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 It Lead Me?

Upon successful completion of this course you will receive a nationally recognised, accredited Certificate IV in New Small Business (BSB42615) 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.

Curious about where a career in small business could take you? Potential job outcomes may include:

How Much Will It Cost?

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: $2,500

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.

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