Certificate IV in New Small Business

Course Code BSB42618
Course Title Certificate IV in New Small Business
Location Melbourne City Campus
Intake Dates Monthly
Fee Type Government Funding, Concession, Full Fee
Duration Traineeship: 2 Years
Non-Traineeship: 6 months
Mode of Delivery Classroom-Blended

Course Overview

BSB42618 Certificate IV in New Small Business reflects the role of individuals who use well- developed skills and a broad knowledge base in a wide variety of small business contexts.

They apply solutions to a defined 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.

Course Structure


Assessment methods may include:

  • Projects
  • Written Assignments / Research
  • Scenarios / Case Studies Role plays
  • Knowledge question

Units of Competency

The BSB42618 Certificate IV in New Small Business requires 10 units of competency::

Core Units

BSBSMB404 – Undertake small business planning
BSBSMB401 – Establish legal and risk management requirements of small business
BSBSMB421 – Manage small business finances
BSBSMB403 – Market the small business

Elective Units

BSBHRM405 – Support the recruitment, selection and induction of staff
BSBINN301 – Promote innovation in a team environment
BSBSUS401 – Implement and monitor environmentally sustainable work practices
BSBCUS401 – Coordinate implementation of customer service strategies
BSBREL402 – Build client relationships and business networks
BSBMKG413 – Promote products and services

For more elective options please contact relevant Industry Engagement & Leaner Coordinator

Credit Transfer and RPL offered for the eligible learners.


Entry Requirements

There are no entry requirements for this qualification. Applicant will be required to successfully complete an ACSF language, literacy and numeracy (LLN) assessment.

Learning (ACSF Level 4), reading (ACSF Level 4), writing (ACSF Level 4), oral communication (ACSF Level 4) and numeracy (ACSF Level 4) are desirable to participate in the course.



After achieving the BSB42618 Certificate IV in New Small Business, you may undertake a higher qualification in a relevant specialist area such as marketing, management and human resources.

Your Career

This course provides you with the skills and knowledge to undertake job roles such as:

  • Small Business Manager/Owner


Fee Types

Government Funding Concession Government Contribution Full Fee
 Traineeship  $1,000.00 (500 hours x $ 2.00)  $2,000.00 (500 hours x $ 2.00 x 20%)  $3,880.00 (485 hours x $ 8.00)  $4,880.00
 Non-Traineeship  $2,000.00 (500 hours x $4.00)  $400.00 (500 hours x $ 4.00 x 20%)  $2,910.00 (485 hours x $ 6.00)  $4,910.00


Questions about fee type? Find your answers here

Click here for information on other miscellaneous fees and charges

* Material fees may apply
* The student tuition fees as published are subject to change given individual circumstances at enrolment.

*This training is delivered with Victorian and Commonwealth Government funding. TMG College Australia encourage individuals with disabilities to access training subsidised through the Skills First Program. People with disabilities are encouraged to apply for this training. ** Eligibility Criteria 1. You must be an Australian Citizen or Permanent Resident or New Zealand Citizen. 2. You must not have completed the same AQF level qualification or higher than the course you wish to enrol in, unless under 20 years of age on 1 January this year. 3. You must not have commenced or be scheduled to commence more than two Victorian Government subsidised courses this year; and 4. You must not be currently enrolled in two or more Victorian Government subsidised courses. ***Traineeship incentives may be applicable on full time/ part time basis, subject to eligibility. Enrolment fees apply.