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Qualification details

BSB42615 - Certificate IV in New Small Business (Release 1)

Summary

Usage recommendation:
Superseded
Mapping:
MappingNotesDate
Supersedes and is equivalent to BSB40415 - Certificate IV in Small Business ManagementMinor edit to core unit to clarify intent Updated elective unit list 13/Jan/2016
Is superseded by and equivalent to BSB42618 - Certificate IV in New Small Business 26/Sep/2018

Releases:
ReleaseRelease date
1 1 (this release) 14/Jan/2016


Units of competency

CodeSort Table listing Units of Competency by the Code columnTitleSort Table listing Units of Competency by the Title columnUsage RecommendationSort Table listing Units of Competency by the Usage Recommendation columnEssentialSort Table listing Units of Competency by the Essential column
BSBCUS402 - Address customer needsAddress customer needsSupersededElective
BSBRES401 - Analyse and present research informationAnalyse and present research informationSupersededElective
BSBSMB409 - Build and maintain relationships with small business stakeholdersBuild and maintain relationships with small business stakeholdersSupersededElective
BSBREL402 - Build client relationships and business networksBuild client relationships and business networksSupersededElective
BSBADM409 - Coordinate business resourcesCoordinate business resourcesSupersededElective
BSBCUS401 - Coordinate implementation of customer service strategiesCoordinate implementation of customer service strategiesSupersededElective
BSBSMB413 - Design a digital action plan for small businessDesign a digital action plan for small businessSupersededElective
BSBSMB401 - Establish legal and risk management requirements of small businessEstablish legal and risk management requirements of small businessSupersededCore
BSBREL401 - Establish networksEstablish networksSupersededElective
BSBSMB201 - Identify suitability for micro businessIdentify suitability for micro businessSupersededElective
BSBSUS401 - Implement and monitor environmentally sustainable work practicesImplement and monitor environmentally sustainable work practicesSupersededElective
BSBSMB412 - Introduce cloud computing into business operationsIntroduce cloud computing into business operationsSupersededElective
BSBSMB301 - Investigate micro business opportunitiesInvestigate micro business opportunitiesSupersededElective
SIRXQUA002A - Lead a team to foster innovationLead a team to foster innovationDeletedElective
BSBMGT404 - Lead and facilitate off-site staffLead and facilitate off-site staffSupersededElective
BSBSMB407 - Manage a small teamManage a small teamSupersededElective
BSBSMB408 - Manage personal, family, cultural and business obligationsManage personal, family, cultural and business obligationsSupersededElective
BSBSMB406 - Manage small business financesManage small business financesSupersededElective
BSBSMB411 - Manage specialist external advisory servicesManage specialist external advisory servicesSupersededElective
BSBSMB403 - Market the small businessMarket the small businessSupersededCore
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Classifications

SchemeCodeClassification value
ANZSCO Identifier 512100 Office Managers 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 
Qualification/Course Level of Education Identifier 511 Certificate IV 
Taxonomy - Industry Sector N/A Business Administration,Small Business,Food Processing Sales,Asset Maintenance 
Taxonomy - Occupation N/A Small Business Manager,Franchisee,Consultancy Small Business Manager,Owner Operator,Cleaning Business Owner/Operator,Small Business Manager (Processed Food),Small Business Manager (Franchise) 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 512100 Office Managers 24/Jun/2016 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 24/Jun/2016 
Qualification/Course Level of Education Identifier 511 Certificate IV 14/Jan/2016 
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Modification History

Release 

Comments 

Release 1

This qualification first released with BSB Business Services Training Package Version 2.0.

Qualification Description

This qualification is suitable for those establishing a small business who use well developed skills and a broad knowledge base to solve a 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 may be selected from the elective units listed below, or any currently endorsed Training Package or accredited course at the same qualification level
  • if not listed below, 1 elective unit may be selected from a Certificate III or Diploma qualification from any currently endorsed Training Package or accredited course.

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 Unit 

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 

BSBADM409 Coordinate business resources

BSBCUS401 Coordinate implementation of customer service strategies

BSBCUS402 Address customer needs

BSBEBU401 Review and maintain a website

BSBFIA402 Report on financial activity

BSBIPR405 Protect and use intangible assets in small business

BSBINN301 Promote innovation in a team environment

BSBINT303 Organise the importing and exporting of goods

BSBMGT404 Lead and facilitate off-site staff

BSBREL401 Establish networks

BSBREL402 Build client relationships and business networks

BSBRES401 Analyse and present research information

BSBSMB201 Identify suitability for micro business

BSBSMB301 Investigate micro business opportunities

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

BSBSMB413 Design a digital action plan for small business

BSBSMB414 Time management for small business

BSBSUS401 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 

BSB42615 Certificate IV in New Small Business

BSB40415 Certificate IV in Small Business Management

Minor edit to core unit to clarify intent

Updated elective unit list

Equivalent qualification

Links

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