Qualification details

BSB40415 - Certificate IV in Small Business Management (Release 1)

Summary

Releases:
ReleaseStatusRelease date
1 1 (this release)Current 25/Mar/2015

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Supersedes and is equivalent to BSB40407 - Certificate IV in Small Business ManagementUpdated to meet Standards for Training Packages. 24/Mar/2015
Is superseded by and equivalent to BSB42615 - Certificate IV in New Small BusinessMinor edit to core unit to clarify intent Updated elective unit list 13/Jan/2016


Training packages that include this qualification

Units of competency

CodeSort Table listing Units of Competency by the Code columnTitleSort Table listing Units of Competency by the Title columnEssential
BSBCRT501 - Originate and develop conceptsOriginate and develop concepts Elective
BSBCUS401 - Coordinate implementation of customer service strategiesCoordinate implementation of customer service strategies Elective
BSBCUS402 - Address customer needsAddress customer needs Elective
BSBEBU401 - Review and maintain a websiteReview and maintain a website Elective
BSBFIA402 - Report on financial activityReport on financial activity Elective
BSBFRA401 - Manage compliance with franchisee obligations and legislative requirementsManage compliance with franchisee obligations and legislative requirements Elective
BSBINN301 - Promote innovation in a team environmentPromote innovation in a team environment Elective
BSBINT303 - Organise the importing and exporting of goodsOrganise the importing and exporting of goods Elective
BSBIPR405 - Protect and use intangible assets in small businessProtect and use intangible assets in small business Elective
BSBMGT404 - Lead and facilitate off-site staffLead and facilitate off-site staff Elective
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Classifications

SchemeCodeClassification value
ANZSCO Identifier 512111 Office Manager 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 
Qualification/Course Level of Education Identifier 511 Certificate IV 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 512111 Office Manager 30/Jul/2015 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 30/Jul/2015 
Qualification/Course Level of Education Identifier 511 Certificate IV 25/Mar/2015 
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Modification History

Release 

Comments 

Release 1

This qualification first released with BSB Business Services Training Package Version 1.0.

Qualification Description

This qualification is suitable for small business managers who use well-developed skills and a broad knowledge base to solve a range of 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.

Licensing/Regulatory Information 

No licensing, legislative or certification requirements apply to this qualification at the time of publication.

Entry Requirements

Nil

Packaging Rules

Total number of units = 10 

4 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.

Elective units must be relevant to the work environment and the qualification, maintain the integrity of the AQF alignment and contribute to a valid, industry-supported vocational outcome.

Core Units 

BSBSMB401 Establish legal and risk management requirements of small business

BSBSMB402 Plan small business finances

BSBSMB403 Market the small business

BSBSMB404 Undertake small business planning

Elective Units 

BSBCRT501 Originate and develop concepts

BSBCUS401 Coordinate implementation of customer service strategies

BSBCUS402 Address customer needs

BSBEBU401 Review and maintain a website

BSBFIA402 Report on financial activity

BSBFRA401 Manage compliance with franchisee obligations and legislative requirements

BSBINN301 Promote innovation in a team environment

BSBINT303 Organise the importing and exporting of goods

BSBIPR405 Protect and use intangible assets in small business

BSBMGT404 Lead and facilitate off-site staff

BSBMKG413 Promote products and services

BSBMKG414 Undertake marketing activities

BSBPMG522 Undertake project work

BSBREL401 Establish networks

BSBREL402 Build client relationships and business networks

BSBRES401 Analyse and present research information

BSBSMB405 Monitor and manage small business operations

BSBSMB406 Manage small business finances

BSBSMB407 Manage a small team

BSBSMB408 Manage personal, family, cultural and business obligations

BSBSMB409 Build and maintain relationships with small business stakeholders

BSBSMB410 Review and implement energy efficiency in business operations

BSBSMB411 Manage specialist external advisory services

BSBSMB412 Introduce cloud computing into business operations

BSBSUS301 Implement and monitor environmentally sustainable work practices

FNSACC406 Set up and operate a computerised accounting system

PSPGOV407B Provide a quotation

SIRXQUA002A Lead a team to foster innovation

Qualification Mapping Information

Code and title 

current version 

Code and title 

previous version 

Comments 

Equivalence status 

BSB40415 Certificate IV in Small Business Management

BSB40407 Certificate IV in Small Business Management

Updated to meet Standards for Training Packages

Equivalent qualification

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.education.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

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