BSB40415 - Certificate IV in Small Business Management

Have experience in small business management? Get it recognised.

Experience working in Small Business Management, performing tasks like planning finances, overseeing marketing, legal, and risk management, may have already earned you the skills you need to achieve formal recognition.

Especially helpful if you are planning to enter, seeking certification in, or working to improve employment options in Small Business Management, your knowledge of customer service, website review and maintenance, importing and exporting, and product promotion will be put to good use.

Assess your performance in Small Business Management today to take it to the next level.

See if you’re eligible today with our Free Skills Review.

RPL Cost Traditional study cost Your savings
$1,200* $4,000 $2,800

Want to save a further $240 off this qualification? Contact us today to learn how!

* RPL cost includes all assessment services and issue of your nationally recognised qualification.

Want to know if you’re eligible to obtain this qualification via Skills Recognition & RPL? Then why not start a Free Skills Review, it requires only 3 minutes to complete!

Take the initiative today to determine your eligibility.

Yes. All of our qualifications are issued by RTOs which have been approved by the Australian Skills Quality Authority (ASQA) to deliver nationally recognised qualifications that meet national quality assurance requirements. This means that they are recognised by industry and educational institutions in all Australian states and territories as conforming to the required competency standards.

Yes. Because all of our qualifications are issued by reputable RTOs and contain the nationally recognised training logo, they each verify that a candidate has met the Units of Competency required to work in their industry occupation. These qualifications do not indicate how you have obtained the qualification (i.e. through RPL), and are exactly the same as a qualification received from a training provider through any other means.

Get Qualified Australia allows you up 3 months to complete the RPL process, however the actual duration is dependent on the length of time it takes you to provide your evidence. While this is generally 4 weeks, the quicker you submit your evidence, the sooner the process will be completed.

Once all the required evidence has been submitted and your evidence has been assessed, the RTO will then review and issue your qualification within 2-4 weeks, provided that no further evidence is required. This makes it possible for you to achieve your qualification in as little as 1 month, and up to 3 months.

Requests for extensions beyond the allotted 3 month period will be considered on an individual case basis.

While our Customer Service Agents will determine the best evidence for your portfolio, evidence generally takes the form of:

  • Resume/CV
  • References
  • Performance Appraisals
  • Portfolio/work samples
  • Photographic and video evidence
  • Education, training and qualifications
  • Job Description
  • Policies and Procedures
  • Workplace communication
  • Bookkeeping and financial records

Click here to learn more about the types of evidence you can provide.


The options are really endless. Most people use qualifications to enhance their careers, from achieving a promotion or pay rise, to climbing organisational ranks and getting new job opportunities. In fact, qualifications have shown to increase employability by 11%, and result in promotions 42% of the time.

Other people might use their qualification to improve visa or migration prospects, access postgraduate study, open up their own businesses, meet regulatory requirements, or obtain a licence in their industry or occupation.

Please note that while our qualifications may help you meet minimum licensing requirements, only your state’s relevant licensing authority may issue you your licence. For more information about trades licensing, click here.

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 

Unit Code Unit Title
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 

Unit Code Unit Title
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

 Lead and facilitate off-site staff

BSBMKG413  Promote products and services

 Undertake marketing activities

BSBPMG522  Undertake project work

 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

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


Not Available

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

Visit Get Qualified Australia’s Trade Licensing page for more information surrounding licensing

  • Asset Training Australia - Provider Code 31718

  • Australian Training and Consulting - Provider Code 90886

  • Prestige Service Training - Provider Code 31981

  • The Australian Academy of Business - Provider Code 32138

  • The Parramatta College Inc - Provider Code 90276

Did you know that the Australian Qualifications Framework (AQF) perfectly aligns certificate and diploma level qualifications with higher education? This means that it’s now possible to receive exemptions and fast track university degrees using diploma and above level qualifications.

Enrol in one of our qualifications today, and unlock the potential to seek maximum unit exemptions for your desired Graduate Diploma, Bachelor, or Masters Degree in a cost, time and effort-effective way. Speak with one of our Skills Recognition Consultants today or complete our Free Skills Review to discover the highest qualification level you’re eligible for.
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