BSB40320- Certificate IV in Entrepreneurship and New Business 

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.





From $3,500


1-18 months

Funding Available

IPS Payment Plans
Construction Skills Queensland (CSQ)

Industry Jobs

Small Business Owner, Consultant, Entrepreneur, Manager

Earning Potential


Certificate IV in Entrepreneurship and New Business

Are you looking to start your own business — or assist in the development of a larger startup? You need the BSB40320 Certificate IV in Entrepreneurship and New Business. This nationally recognised qualification will show you how to investigate new business opportunities, organise finances, and develop a working business plan. You’ll also learn the critical compliance requirements of new business ventures in Australia, and graduate with an arsenal of skills to succeed in business.

We have included our signature Dynamic Entrepreneur and Dynamic Business Programs for you valued at $10,000 at no additional charge to you. These programs are conducted by our CEO who built IPS Institute herself using this business blueprint which she will share with you and integrates perfectly with BSB40320 Certificate IV in Entrepreneurship and New Business. Enjoy on-line videos and monthly coaching group webinars to accelerate your success!!!

Course Information


Individuals undertaking this qualification as a self-paced learning may take 1-18 months.

Individuals undertaking this qualification as a traineeship may take 6-30 months.

Delivery Method 

Online (Some tasks may require practical application and evidence)

Recognition of prior learning (RPL)

RPL available (partial and full)

Entry Requirements

Literacy and Numeracy (LLN) level 3

Packaging Rules

Total number of units = 10

(Units are selected to best suit specializations and accommodate deliverables. If tailored units are required please visit and contact us today).

4 core units, plus

6 elective units 

Units of Competency

Core units:

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

Elective units:

BSBESB302 Develop and present business proposals

BSBESB301 Investigate business opportunities

BSBOPS401 Coordinate business resources

BSBOPS404 Implement customer service strategies

BSBINS410 Implement records systems for small business

BSBLDR413 Lead effective workplace relationships


Funding Available

IPS Payment Plans (Monthly Plans, Upfront Costs, Quarterly Fees) 

Construction Skills Queensland (CSQ)


More Information

No licensing, legislative or certification requirements apply to this qualification at the time of publication.


Student Success with IPS Institute