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RPL for Certificate IV in Small Business Management

RPL for a Certificate IV in Small Business Management (BSB40407) might be perfect for Small Business Managers who provide leadership and guidance to others on a regular basis. Get Qualified Australia and our RTO partners can work with you to utilise Skills Recognition in order to obtain this certificate quickly. Continue reading for more information on this qualification and RPL.


Certificate IV in Small Business Management - BSB40407

Course Usage Recommendation: Current

Training Package: business services training package
RPL Price $1050
All prices include gap training. Terms & Conditions apply.


This qualification reflects the skills and knowledge required of individuals who use well-developed skills and a broad knowledge base in a wide variety of small business contexts. They apply solutions to a defined 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.

Job roles 

eligible to fast track eligible to fast track Mobile

Entry Requirements

There are no entry requirements for this qualification.

Packaging Rules

Electives must be relevant to the work outcome, local industry requirements and the qualification level.

Core units 

BSBSMB401A Establish legal and risk management requirements of small business

BSBSMB402A Plan small business finances

BSBSMB403A Market the small business

BSBSMB404A Undertake small business planning

Elective units 

Creative Thinking 

BSBCRT501A Originate and develop concepts

Customer Service 

BSBCUS401B Coordinate implementation of customer service strategies

BSBCUS402B Address customer needs


BSBEBU401A Review and maintain a website

Financial Administration 

BSBFIA402A Report on financial activity


BSBFRA401B Manage compliance with franchisee obligations and legislative requirements


BSBINN301A Promote innovation in a team environment

Intellectual Property 

BSBIPR405A Protect and use intangible assets in small business

International Business 

BSBINT303B Organise the importing and exporting of goods


BSBMGT404A Lead and facilitate off-site staff


BSBMKG413A Promote products and services

BSBMKG414B Undertake marketing activities

Project Management 

BSBPMG522A Undertake project work

Relationship Management 

BSBREL401A Establish networks

BSBREL402A Build client relationships and business networks


BSBRES401A Analyse and present research information

Small and Micro Business 

BSBSMB405B Monitor and manage small business operations

BSBSMB406A Manage small business finances

BSBSMB407A Manage a small team

BSBSMB408B Manage personal, family, cultural and business obligations

BSBSMB409A Build and maintain relationships with small business stakeholders

BSBSMB410A Review and implement energy efficiency in business operations

BSBSMB411A Manage specialist external advisory services

BSBSMB412A Introduce cloud computing into business operations


BSBSUS301A Implement and monitor environmentally sustainable work practices

Imported Units 

FNSACC406A Set up and operate a computerised accounting system

PSPGOV407B Provide a quotation

SIRXQUA002A Lead a team to foster innovation

Licencing Information

There is no direct link between this qualification and licensing, legislative and/or regulatory requirements. However, where required, a unit of competency will specify relevant licensing, legislative and/or regulatory requirements that impact on the unit.

Employability Skills

The following table contains a summary of the Employability Skills required by industry for this qualification. The Employability Skills facets described here are broad industry requirements that may vary depending on qualification packaging options.

Industry/enterprise requirements for this qualification include: 




Initiative and enterprise

Planning and organising




Pathway Information

Pathways into the qualification 

Candidates may enter the qualification through a number of entry points demonstrating potential to undertake vocational education and training at certificate level, including:

Pathways from the qualification 

After achieving this qualification candidates may undertake a qualification in a specialist area within this Training Package such as marketing, management, human resources.

Awarded by:

NameProvider Code
Skills Training Australia Group91511
Asset Training Australia31718

Qualification Information Document

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Also, full details for this qualification can be viewed on the national vocational education and training database

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