Qualification details

BSB42618 - Certificate IV in New Small Business (Release 1)

Summary

Releases:
ReleaseStatusRelease date
1 1 (this release)Current 27/Sep/2018

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes and is equivalent to BSB42615 - Certificate IV in New Small Business 26/Sep/2018


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
BSBADM409 - Coordinate business resourcesCoordinate business resources 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
BSBFIA412 - Report on financial activityReport on financial activity 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
BSBITU422 - Use digital technologies to collaborate in the workplaceUse digital technologies to collaborate in the workplace Elective
BSBMGT404 - Lead and facilitate off-site staffLead and facilitate off-site staff Elective
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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 Food Processing Sales,Asset Maintenance,Small Business,Business Administration 
Taxonomy - Occupation N/A Small Business Manager (Processed Food),Consultancy Small Business Manager,Small Business Manager (Franchise),Cleaning Business Owner/Operator,Franchisee,Small Business Manager,Owner Operator 

Classification history

SchemeCodeClassification valueStart dateEnd date
ANZSCO Identifier 512100 Office Managers 27/Sep/2018 
ASCED Qualification/Course Field of Education Identifier 0803 Business And Management 27/Sep/2018 
Qualification/Course Level of Education Identifier 511 Certificate IV 27/Sep/2018 
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Modification History

Release 

Comments 

Release 1

This qualification first released with BSB Business Services Training Package Version 3.0.

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

BSBSMB403 Market the small business

BSBSMB404 Undertake small business planning

BSBSMB421 Manage small business finances

Elective Units 

BSBADM409 Coordinate business resources

BSBCUS401 Coordinate implementation of customer service strategies

BSBCUS402 Address customer needs

BSBEBU401 Review and maintain a website

BSBFIA412 Report on financial activity

BSBINN301 Promote innovation in a team environment

BSBINT303 Organise the importing and exporting of goods

BSBIPR405 Protect and use intangible assets in small business

BSBITU422 Use digital technologies to collaborate in the workplace

BSBMGT404 Lead and facilitate off-site staff

BSBREL401 Establish networks

BSBREL402 Build client relationships and business networks

BSBRES411 Analyse and present research information

BSBSMB201 Identify suitability for micro business

BSBSMB301 Investigate micro business opportunities

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

BSBSMB420 Evaluate and develop small business operations

BSBSMB423 Create a digital technology plan for small business

BSBSUS401 Implement and monitor environmentally sustainable work practices

BSBWOR424 Develop a time management plan

PSPGEN028 Provide a quotation

Qualification Mapping Information

Code and title  

current version 

Code and title 

previous version 

Comments 

Equivalence status 

BSB42618 Certificate IV in New Small Business

BSB42615 Certificate IV in New Small Business

Updates to core and elective units

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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