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Certificate IV in New Small Business BSB42618

Overview

This course provides you with the breadth of skills and knowledge required to successfully manage a small business.

Qualification: Certificate IV in New Small Business BSB42618
Program No: C4-BT15
Campus: CIT Reid 
Duration: 1 semester full-time (approx. 25 hours per week) face-to-face classes plus approximately 10 hours of online study and independent learning including project work and assessment OR part-time equivalent.
Cost Info:

The 2019 Semester 2 enrolment fees for this course are based on the costs per subject as indicated below. The total program cost may vary depending on the choice of elective subjects or if subjects are attempted more than once.

Subject costs identified as Standard are partially subsidised by the ACT Government. Concessions may be available to eligible students.

Costs identified as Apprentice or Trainee apply only to students studying as part of an Australian Apprenticeship arrangement. The qualification cost for an Apprentice or Trainee is subsidised by the ACT Government. Concessions may be available to eligible Apprentices or Trainees.

Costs identified as Full Fee receive no government subsidy. Concessions are not available.

Further information about fees is available at Course fees and assistance.

Information about studying under Skilled Capital is also available.

Indicative Cost: $1,160
Likely Job Outcome: Micro or small business owner, small business developer, business development manager, small business manager.
Enrolment Type: Standard
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Entry Requirements / How to Apply

You must have at least the equivalent of one year full-time work experience OR have any business certificate III OR be able to demonstrate equivalent skills and knowledge

If you are entering this program as a trainee under the Australian Apprenticeships arrangements you must be employed in the industry and you must register with an Apprentice Network Provider (ANP) prior to enrolment.

To study any course at CIT (excluding degrees and non-accredited training) you must have a Unique Student Identifier (USI).

Further Study

Canberra Institute of Technology
Diploma of Business
Diploma of Human Resources Management
Diploma of Leadership and Management

  • Literacy Skills Information

    • We suggest that you will need Australian Core Skills Framework literacy levels of at least 3 across reading, writing, learning, oral communication and, depending on your program of study, numeracy skills to successfully complete this program. If you do not have this level, you can still enrol and seek support to improve your skills or you may prefer to begin with the lower level program. Please visit Foundation Skills or phone (02) 6207 4872 to have a chat to one of our teachers.

  • Transition Information

    • Qualifications at CIT are regularly updated or replaced to meet current industry needs and maximise your employment opportunities. If this occurs while you are part way through a qualification, you may need to vary your learning to meet the new national requirements. CIT will aim to make this as smooth as possible for you.

  • Subject Cancellations/Changes

    • To ensure positive outcomes for all students, CIT may need to cancel or change classes at short notice. CIT will make every effort to inform students as soon as changes are made and will also make every effort to offer alternative arrangements for students to meet the requirements of the subject and complete their qualification. In an unfortunate instance when this cannot be met, you will receive a full refund. Please ensure you maintain current contact details via CIT Self Service or by contacting CIT Student Services at infoline@cit.edu.au.


Subject Information

Complete 10 subjects

Core: Complete all 4

  • BSBSMB401   Establish legal and risk management requirements of small business
    • CIT Code: MGNT322
      Cost: Standard $132.00
      Description: This unit describes the skills and knowledge required to assess and prioritise risks and identify and comply with all regulations affecting the business. It applies to individuals operating a small business or setting up a department within a larger organisation, who are skilled at communicating and interpreting legislation and regulations. No licensing, legislative or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil
  • BSBSMB403   Market the small business
    • CIT Code: MGNT352
      Cost: Standard $110.00
      Description: This unit describes the skills and knowledge required to monitor and improve business performance via a clear strategy complementing the business plan. It applies to individuals who operate a small business independently or within a larger organisation. Individuals in this role analyse and interpret market data and are proficient communicators. No licensing, legislative or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil
  • BSBSMB404   Undertake small business planning
    • CIT Code: MGNT356
      Cost: Standard $115.00
      Description: This unit describes the skills and knowledge required to research and develop an integrated business plan for achieving business goals and objectives. It applies to individuals who operate a small business that operates independently, or as part of a larger organisation. Individuals in this role interpret business information and numerical data competently and are skilled communicators. No licensing, legislative or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil
  • BSBSMB421   Manage small business finances
    • CIT Code: MGNT793
      Cost: Standard $132.00
      Description: This unit describes the skills and knowledge required to implement and review financial management strategies on a regular basis, including by using new and emerging digital technologies. It applies to individuals who operate a small business that stands alone, or that is part of a department within a larger organisation. Individuals in this role interpret financial reports and other numerical data to develop financial management strategies.
      Prerequisites: Nil

Electives: Complete 6

  • BSBSMB420   Evaluate and develop small business operations
    • CIT Code: MGNT792
      Cost: Standard $99.00
      Description: This unit describes the skills and knowledge required to evaluate and develop small business operations. It applies to individuals who operate a small business which stands alone, or that is part of a department within a larger organisation. Individuals in this role use problem-solving skills and take responsibility for developing approaches to evaluating and developing business operations.
      Prerequisites: Nil
  • BSBWRT401   Write complex documents
    • CIT Code: COMM344
      Cost: Standard $110.00
      Apprentice $35.00
      Description: This unit describes the skills and knowledge required to plan documents, draft text, prepare final text and produce documents of some complexity. It applies to individuals who work in a range of business environments and are skilled in the creation of reports, information and general promotion documents that are more complex than basic correspondence, memos or forms and that require review and analysis of a range of information sources. No licensing, legislative or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil
  • BSBFIA412   Report on financial activity
    • CIT Code: MGNT788
      Cost: Standard $66.00
      Description: This unit describes the skills and knowledge required to prepare financial reports in line with statutory reporting requirements. It encompasses compiling and analysing data. This unit applies to individuals that are required to apply specialised knowledge and analytical skills to prepare financial reports as part of their job role. Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the BSB Business Services Training Package Companion Volume Implementation Guide or the relevant regulator for specific guidance on regulatory requirements.
      Prerequisites: Nil
  • BSBHRM405   Support the recruitment, selection and induction of staff
    • CIT Code: MGNT755
      Cost: Standard $110.00
      Apprentice $35.00
      Description: This unit describes the skills and knowledge required to execute tasks associated with the recruitment cycle and apply in-depth knowledge of the work of the organisation, and how recruitment and selection practices fit with other human resources functions. This unit applies to individuals who support recruitment, selection and induction functions under the direction of a human resource manager. No licensing, legislative, or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil
  • BSBMKG419   Analyse consumer behaviour
    • CIT Code: MKTG332
      Cost: Standard $132.00
      Apprentice $35.00
      Description: This unit describes the skills and knowledge required to analyse consumer behaviour for markets and specific needs. It applies to individuals who need to analyse consumer behaviour to examine factors that impact decisions to purchase products or services. They conduct a thorough analysis of consumer attitudes and behaviour, and make recommendations on marketing strategies to increase consumption of the product or service being marketed.
      Prerequisites: Nil
  • BSBMKG413   Promote products and services
    • CIT Code: SELL115
      Cost: Standard $88.00
      Apprentice $35.00
      Description: This unit describes the skills and knowledge required to coordinate and review the promotion of an organisation’s products and services. It applies to individuals with a broad knowledge of the promotion of products and services specific to an organisation. They may have responsibility to provide guidance or to delegate aspects of these tasks to others. No licensing, legislative or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil
  • BSBINN301   Promote innovation in a team environment
    • CIT Code: INNO112
      Cost: Standard $88.00
      Apprentice $35.00
      Description: This unit describes the skills and knowledge required to be an effective and proactive member of an innovative team. It applies to individuals who play a proactive role in demonstrating, encouraging or supporting innovation in a team environment. The individual may be a team participant or a team leader. Teams may be formal or informal and may comprise a range of personnel. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil
  • BSBITU422   Use digital technologies to collaborate in the workplace
    • CIT Code: COMP397
      Cost: Standard $110.00
      Apprentice $10.50
      Description: This unit describes the skills and knowledge required to understand the fundamentals of using digital technologies to collaborate in a workplace context, including working as part of a remote team. It involves undertaking a basic review of organisational processes to identify opportunities for using digital technologies to complete work tasks more efficiently and effectively. It applies to individuals who use problem-solving skills and take responsibility for adopting and promoting approaches to improve organisational operations, particularly relating to the use of digital technologies.
      Prerequisites: Nil
  • BSBSMB423   Create a digital technology plan for small business
    • CIT Code: COMP398
      Cost: Standard $110.00
      Description: This unit describes the skills and knowledge required to develop a plan for identifying and implementing new and emerging digital technologies to achieve small business goals. It involves undertaking a basic review of business digital readiness, identifying opportunities to improve business effectiveness and efficiency, and developing an action plan for implementing digital technologies in a small business. It applies to individuals who operate a small business either that operates independently, or that operates as part of a larger organisation. Individuals in this role are responsible for adopting and promoting approaches to improve small business operations.
      Prerequisites: Nil
  • ICTWEB302   Build simple websites using commercial programs
    • CIT Code: INFT821
      Cost: Standard $88.00
      Apprentice $10.50
      Description: This unit describes the skills and knowledge required to use web authoring tools to create, modify and test, simple web pages and websites. It applies to individuals with responsibility for creating and maintaining simple websites. No licensing, legislative or certification requirements apply to this unit at the time of publication.
      Prerequisites: Nil

Related Courses

Advanced Diploma Management (Human Resources) BSB60915
Advanced Diploma Leadership and Management BSB61015
Diploma Leadership and Management BSB51918
Diploma Human Resources Management BSB50618
Certificate IV Leadership and Management BSB42015
Certificate IV Human Resources BSB41015

More Information

For more information about this course please contact CIT Student Services on (02) 6207 3188 or email infoline@cit.edu.au