If you have plans to start your own business, a Certificate IV in New Small Business can give you the skills you need to launch and manage your startup. Going out on your own can be daunting, but this course will set you up with the knowledge and practical skills to make your business a success. From creating a business and financial plan to learning the legal requirements of your organisation, this qualification will prepare you for life as a small business owner.
The Certificate IV in New Small Business covers topics that are relevant to a range of industries. You’ll learn to develop an integrated business plan and manage small business finances using digital technologies. This course looks at the legal and risk management requirements of a small business and explores strategies for marketing your business. You’ll also develop the skills to prepare financial reports, including compiling and analysing data.
Owning a small business can be extremely rewarding. It’s hard work, but running your own successful business is very satisfying. You’ll need to have strong customer service skills and be passionate about your product or service. It’s important that you are organised and can manage your time well. You’ll need to be able to handle a range of administrative skills and be able to prioritise your tasks.
A Certificate IV in New Small Business is an ideal course of study for the following careers:
Small Business Owner
A Small Business Owner oversees the daily running of their own business. They might interact with customers and also manage the finances. Small Business Owners may advertise and market their product or service and they may be in charge of ordering new stock or preparing orders for customers. They might employ other staff and perform a range of administrative tasks during their day.
Franchisee
A Franchisee manages a small business that is part of a larger franchise. They handle a range of tasks from marketing and advertising to hiring and training new staff. They ensure production meets relevant standards and make sure financial targets are being met. Franchisees may deal with customers or spend their time in a management role.
Café or Restaurant Manager
A Café or Restaurant Manager takes care of the overall running of a food and beverage venue. They might serve customers or manage a team of staff. Café or Restaurant Managers ensure the quality of food and service is satisfactory and all areas of the venue are operating effectively. They take care of administrative tasks and make sure financial duties are taken care of.
Higher education pathways
A Certificate IV in New Small Business is a great qualification to have if you’re starting your own business. If you want to advance your business skills you could also consider a Certificate III in Business or a Certificate IV in Leadership and Management. You could also specialise your skills with a Diploma of Business Administration, a Diploma of Payroll Services or a Diploma of Human Resources Management.
If you decide to take your career in business further, you could enrol in a university degree such as a Bachelor of Business or a Bachelor of Business Management. This will expand your knowledge and increase your business management skills. A university degree may allow you to expand your small business or take on a position with more responsibility. You may be able to use a Certificate IV in New Small Business as a pathway to these courses.
Getting started
If you’re planning on enrolling in a Certificate IV in New Small Business, make sure you collect information from a range of course providers. There are usually some differences in the way courses are delivered so it’s important you find a provider that meets your needs. Find out about the duration of the course, costs, any prerequisites and the content the course will cover. Once you have all the information you can compare details to find the right course for you.