BSB40320 - Certificate IV in

Entrepreneurship and New

Business
RTO ID: 91622

Phone: (02) 9594 0655

Email: courses@ad1college.com.au
A day in the life of a business owner
If you’ve seen Shark Tank, you’ll know that there is no shortage of budding
entrepreneurs and big ideas in the world. Running your own business is full of
challenges and triumphs, and many would-be entrepreneurs are attracted to the idea of
work that allows for personal freedom.Your daily goal is to bring about progress in the
business in the best way possible, and that can mean different things for different
people. You might find yourself working on new product developments, making sales
calls, and having meetings with your team or your clients, but every day has the potential
to be a little bit different, and very rewarding.

What is small business?

Running a small business is a diverse career path with plenty of room for diversification.
Legally, businesses which employ fewer than 20 people fall within the definition of a
small business, making this the ideal field for those who like the idea of developing close
working relationships with others. Small business owners often wear many hats as
financial analysts, planners, marketers, and managers, doing whatever is necessary to
keep the business healthy and growing.

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Is running a business right for me?
Running a business is a unique experience best suited to a specific personality type, and
a handful of attributes and skills will be critical to your success. If you can check off each
of these boxes, there’s a good chance that you will love being your own boss!

Customer service skills

Customers are the heart of your business, so it goes without saying that people who like
people are most likely to succeed in this field. Even if you have no prior customer-facing
experience, a positive attitude will set you up for success while you learn the ropes.

Self-discipline
The idea of being your own boss might be appealing, but as they say, great freedom
comes with great responsibility. If you’re the type of person who loves living life on their
own terms and always manages to check things off their to-do list, then owning your
own business could be a great adventure.

Communication
No matter the size of your business, you’ll need great communication skills to keep
things running smoothly. You’ll need to be confident making arrangements with a range
of people including staff, customers, suppliers, and government organisations.

Creativity
The ability to think creatively is often the secret ingredient that turns a good business
owner into a great entrepreneur - after all, most businesses are born out of an
innovative idea for process improvement or need fulfilment. You don’t need to don an
art smock or absorb the entire works of Beethoven, but creative thoughts will help to
earn your business a place in customers’ minds.

Financial literacy
In order to run your business effectively, you need to know your numbers. There’s no
need to go and get an accounting degree, but you should understand your financial
position based on income, taxes, wages, and any other costs.

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Where could I work?
One of the great things about a small
business qualification is that it can
carry you into almost any field you like!
Graduates with a Cert IV in New Small
Business often find themselves as
small business owners, franchisees, or
managers of a department, shop, or
restaurant. A qualification in small
business can give you the knowledge
and skills to skip the application
pool,create your own workplace, and
build your own career in almost any
location, including from the comfort of
your own home!

What could I earn?

Like the scope for job opportunities,
business owners’ earning potential can
vary, but with the right foundations,
there’s almost no limit to what you
could achieve! . Learners who secure
positions in established businesses as
managers of departments, stores, or
venues can look forward to an average
weekly pay of $1,250 or more, while
entrepreneurs who establish
successful businesses earn an average
of $1,450 per week*.

*Courses.com.au, 2020

Can I get help finding

work?
When you study with AD1 College,
you’ll have the advantage of free
assistance with finding work for the
first 12 months of your course.

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 How do I get there?
So you’re ready to turn your amazing
business idea into a fully-fledged company?
You’re on the right path! This is a great
opportunity for future business owners to
upskill and turn your passion into a career.

The BSB40320 - Certificate IV in

Entrepreneurship and New Business,
offered by AD1 College, gives you the
opportunity to gain a range of skills related
to planning, operating, and marketing a
small business in up to 12 months. The
course is delivered online, allowing you to
enjoy the convenience of studying
remotely, as well as the confidence that
comes from having access to
comprehensive resources and support.
All you need is an internet-enabled device
(desktop, laptop, tablet or mobile) and a
few basic computer software programs,
including Adobe Reader and Microsoft
Word, Excel and PowerPoint. Before you
can start on your new career pathway,
there are just a few boxes to be checked.

You must be an Australian citizen, a resident on a permanent visa*, an asylum

seeker or a refugee
You will need to pass a Literacy, Language and Numeracy assessment
You will need to arrange work experience in a small business.

*In some cases, registered training organisations (RTOs) may enrol students who
are temporarily visiting Australia on certain visas, other than study visas. However,
some visas include restrictions on training. Further information is also available from the
Department of Home Affairs.

If you need clarification on any of these points, please contact us for assistance.

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Units
Units (core):
BSBESB401 Research & 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

Units (elective):
BSBESB302 Develop and present
business proposals
BSBESB407 Manage finances for
new business ventures
BSBOPS404 Implement customer
service strategies
BSBPRC402 Negotiate contracts
BSBTWK401 Build and maintain
business relationships
BSBMKG546 Develop social
media engagement plans

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How will I be assessed?
At AD1 College, we pride ourselves on providing low-stress assessment opportunities
that allow you to perform at your best. Because running a business is an intensely
practical experience, practical work is central to the assessment process, which also
includes a range of e-learning activities. If you have completed previous study, work, or
other experiences which are relevant to your course, you can also apply for recognition
of prior learning (RPL).

N.B. To apply for RPL, documented evidence must be provided in the form of a
certificate issued by other training organisations, a support letter from an employer, a
job description, a resume, or an outline of previous training and development.
Credentials issued by other training organisations operating under the VET Quality
Framework are accepted.

What will it cost?

Studying with AD1 College is made as
affordable and easy as possible for the
benefit of our community of learners.
Whatever your situation, our friendly
staff will be happy to provide you with
suggestions on best suitable payment
plans for you.
Full fee of this course is $1550, however
for a limited time you can pay a one off
payment of $997!

How can I enrol?

When you’re ready to get started, simply
download a copy of the learner
handbook from our website or get in
touch with our friendly course advisors.

Phone: (02) 9594 0655

Email: courses@ad1college.com.au

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Why AD1 College?
AD1 College (RTO ID: 91622) is a registered training organisation offering a collection of
practical courses with an emphasis on students’ holistic growth and development. Our
approach to education is multifaceted and unique, just like our students, and our service
is tailored to meet individual requirements. We’re serious about maximising the impact
of our materials and delivery to optimise your results.

"I am glad to have had the opportunity to participate in the subject

course , which was very valuable to me. It was great to know the
principle and the application to go with each topic, and the
suggestions of what to say were extremely helpful to put things
into perspective. Thank you so much for your patient and support
even after class. I would recommend the course to my friends and
my employer in the near future. Thanks and best regards Alex" -
Alex

"Thanks for all your help whilst I was doing the course. Thank you
so much for getting me the job at the airport. Enjoy (mate)" - Mary

"Gourmet Fare Catering fully endorses AD1 Business Training

College. Anthony’s professional manner has made the process of
staff training flow easily, without any interruption to our business.
He is highly organized and dedicated and is always available to his
students, should they require assistance.Our staff are pleased to
be gaining additional skills and knowledge, that will help them
progress in the industry. We will be definitely using AD1 with all
our staff training in the future." - George Trousas, Director of
Gourmet Fare Catering

AD1 College Pty Ltd ABN: 78 137 265 199

Trading as: AD1 College
Phone: (02) 9594 0655
Email: courses@ad1college.com.au
RTO ID:91622