Qualification Outline
22/07/2026 7:37 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Certificate IV in Small Business Management
Certificate IV in Small Business Management
BSB40407
D147
Replaced
Replaced
National Endorsed, State Implementation and Classification
Releases
| Release Version | Release Date | TGA Status | DTWD Status |
|---|---|---|---|
| 4.00 | 28/08/2013 | Current | Approved |
Description
This qualification 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.
Job roles
Small Business Manager.
Schedule
Packaging Rules
Total number of units = 104 core units plus
6 elective units, of which:
all 6 elective units may be selected from the elective units listed below, or any currently endorsed Training Package or accredited course at the same qualification level
1 elective unit may be selected from a Certificate III or Diploma qualification, if not listed below.
Electives must be relevant to the work outcome, local industry requirements and the qualification level.
Core units
BSBSMB401A Establish legal and risk management requirements of small business
BSBSMB402A Plan small business finances
BSBSMB403A Market the small business
BSBSMB404A Undertake small business planning
Elective units
Creative Thinking
BSBCRT501A Originate and develop concepts
Customer Service
BSBCUS401B Coordinate implementation of customer service strategies
BSBCUS402B Address customer needs
EBusiness
BSBEBU401A Review and maintain a website
Financial Administration
BSBFIA402A Report on financial activity
Franchising
BSBFRA401B Manage compliance with franchisee obligations and legislative requirements
Innovation
BSBINN301A Promote innovation in a team environment
Intellectual Property
BSBIPR405A Protect and use intangible assets in small business
International Business
BSBINT303B Organise the importing and exporting of goods
Management
BSBMGT404A Lead and facilitate offsite staff
Marketing
BSBMKG413A Promote products and services
BSBMKG414B Undertake marketing activities
Project Management
BSBPMG522A Undertake project work
Relationship Management
BSBREL401A Establish networks
BSBREL402A Build client relationships and business networks
Research
BSBRES401A Analyse and present research information
Small and Micro Business
BSBSMB405B Monitor and manage small business operations
BSBSMB406A Manage small business finances
BSBSMB407A Manage a small team
BSBSMB408B Manage personal, family, cultural and business obligations
BSBSMB409A Build and maintain relationships with small business stakeholders
BSBSMB410A Review and implement energy efficiency in business operations
BSBSMB411A Manage specialist external advisory services
BSBSMB412A Introduce cloud computing into business operations
Sustainability
BSBSUS301A Implement and monitor environmentally sustainable work practices
Imported Units
FNSACC406A Set up and operate a computerised accounting system
PSPGOV407B Provide a quotation
SIRXQUA002A Lead a team to foster innovation
1. Core Units
All four (4) units must be completed
| State Code | National Code | Title | Hours | Type |
|---|---|---|---|---|
| D1012 | BSBSMB401A | Establish legal and risk management requirements of small business | 40 | Unit of competency |
| D1014 | BSBSMB403A | Market the small business | 40 | Unit of competency |
| D1013 | BSBSMB402A | Plan small business finances | 50 | Unit of competency |
| D1015 | BSBSMB404A | Undertake small business planning | 50 | Unit of competency |
2. Elective Units
Six (6) units may be chosen from the elective units listed.
Please refer to the packaging rules for the full details of available options.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| C322 | BSB40401 | Certificate IV in Business (Small Business Management) | Qualification |
Replaced By
| State Code | National Code | Title | Type |
|---|---|---|---|
| AVU6 | BSB40415 | Certificate IV in Small Business Management | Qualification |
No information
Entry Requirements
There are no entry requirements for this qualification.
Traineeships and Apprenticeships