Published: 22nd February 2022.
Written by Jodie Magrath
A Certificate IV in Entrepreneurship and New Business is an ideal qualification if you’re starting a new business. Whether you’re opening your own small business or taking on a management role at a new company, this course will give you the skills you need to succeed. From developing a business plan to establishing financial backing to get a business up and running, the Certificate IV in Entrepreneurship and New Business can help you work out the important details of getting a business off the ground.
The Certificate IV in Entrepreneurship and New Business covers a range of topics relevant to starting a new business. You’ll learn about risk management and compliance issues and be supported as you develop a detailed business plan. This course explores marketing strategies and looks at ways to promote your product or service. You’ll address recruitment and onboarding and learn about various customer service strategies.
A Certificate IV in Entrepreneurship and New Business is an ideal course of study for the following careers:
Small Business Owner
A Small Business Owner oversees operations at a small business or operation. As well as owning the business, you may be in a managerial role. Small Business Owners take on many duties at their business including looking after marketing and sales and dealing with clients or customers. You might supervise a small team of staff and perform a range of administrative duties.
Franchisee
A Franchisee runs a business that is part of a larger franchise group. You might manage overall operations at the business and lead a team of staff. Franchisees operate their business according to franchise guidelines and may attend to duties such as sales, marketing, compliance, budgeting, customer service and human resource management.
Store Manager
Store Managers coordinate operations at a retail store. You’ll ensure the store is operating effectively and sales targets are being met. Store Managers might oversee budgets, manage stock levels and handle advertising and promotions. You’ll supervise a team of staff, manage rosters and deal with any problems that occur in store.
Higher education pathways
A Certificate IV in Entrepreneurship and New Business will give you the skills and knowledge you need to establish a successful new business. You might decide to advance your studies with a Diploma of Business, a Diploma of Business (Operations) or a Diploma of Business (Business Development). These courses will extend your knowledge and further your business skills.
If you choose to take your studies further, you could enrol in a university degree such as a Bachelor of Business or a Bachelor of Business Management. This will expand your career opportunities and may allow you to take on a business role with more responsibility. You may be able to use a Certificate IV in Entrepreneurship and New Business as a pathway to these courses.
Getting started
If you’re considering enrolling in a Certificate IV in Entrepreneurship and New Business, make sure you find out information from a range of course providers. Course providers usually vary in the way they deliver their courses, so you’ll need to gather some important details before you start the enrolment process. Find out about the duration of the course, costs, any prerequisites and the content the course will cover. Once you have all the information you can compare details and find the course that is best for you.