The Certificate IV in New Small Business Management focuses on the necessary skills, knowledge and organisational processes needed to run an effective and successful small business. You will learn how to plan your business finances, market your business and understand your legal obligations as a small business owner or manager.
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1 -2 elective subjects (E) are required
This subject steps you through the process to determine if your home, micro or small business idea is a viable one. Key factors like lifestyle needs, market influences and customer demand will be reviewed to identify the type of information you need to properly evaluate your business idea.
This subject explains in plain english different business ownership structures and types of insurances including public liability and professional indemnity Insurance. Also explained are employment law, contract law, and the latest Australian Consumer Law. Taxation obligations and ways to source professional services for specialist advice and services are covered.
This subject covers market segmentation, marketing messages and the promotional mix. Students prepare a marketing plan for 2 different market segments which involves designing a specific promotional activity as well as evaluating the proposal. Spam laws and important consumer laws are covered to ensure relevant laws are addressed in your marketing efforts.
Understanding Cash Flow Statements and Profit and Loss Statements are key skills for a small business owner and manager. This subject looks at pricing and sales budgets and how they impact cash flow and profitability. You will prepare a business Financial Plan that includes cash and profit forecasts.
The skills and knowledge required to run a small business and the steps required to develop and implement a business plan are covered in this subject. A Business Plan is developed as the major assessment activity. The Business Plan addresses the external and internal business environment, market segments and marketing strategies and the development of a financial plan. Risks are identified that may affect the business viability.
Providing good service to your internal and external customers is a critical responsibility for managers. Learn how to identify the key aspects of service delivery important to your customers, and how to train staff to deliver this.
Business networking is an important skill in many roles. This subject looks at ways to identify business networks you should belong to and ways to make valuable contacts when participating. This subject involves practical communication skills and also requires the use of persuasive communication skills.
This subject covers risk context and identification, which includes risk management processes, risk identification, and documentation. It looks into the analysis of a risk, its cause and risk tolerance. It details strategies for controlling and treating risks as well as reviewing and monitoring of those risks.
Supervisors and team leaders have strict legal obligations under safety legislation. Learn what these are, as well as the practical skills to identify, risk assess and resolve safety concerns. This subject also teaches how to better understand safety statistics and identify factors that can reduce injuries, and ensure the business is productive and profitable.
This subject provides the skills and knowledge required to organise effective meetings including the preparation and distribution of meeting related documents such as agendas and minutes. It also covers skills and knowledge required to organise business travel, including preparing travel related documentation and making travel bookings.
This subject is specifically designed to lay a strong leadership foundation for learners. Focusing on key leadership elements such as communication, organisational behaviour, being a role model, problem solving, delivering feedback and effective decision making, this subject is perfect for anyone looking to build or enhance their leadership skills.
This advanced level small business financial management subject teaches how to calculate and interpret key financial ratios to identify trends that may indicate an underlying problem. Solutions to financial problems like revising pricing strategies, improving debtor management and developing a financial plan are explored.
Quality Education at a Fair Price
1,580* - $
12 months is allowed as the standard part time enrolment term for the Certificate IV online TAFE level course in New Small Business.
Students who are able to commit more time to their course can finish earlier; while Traineeship terms may be longer.
for the Certificate IV in New Small Business
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A traineeship is great way to develop the skills of your workforce.
Traineeships combine time at work with training, and can be full-time, part-time or school-based. Trainees must be an Australian Citizen or permanent resident visa holder. Each state determines what subsidised training is available for your trainees in that state.
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