Choose your study style

All of our courses are available via online learning. We also offer virtual and workshop programs for some courses.


Designed By Industry

Our team regularly meets with key organisations and perform extensive consultations to determine the skills and knowledge they are looking for in their current and future employees.

Informed Experienced Trainers

Our trainers work in the industry so you can be assured all our programs are designed and taught by those that know all the key skills and knowledge you will need to succeed.

BSB42618 Certificate IV in New Small Business

The BSB42618 Certificate IV in New Small Business develops individuals who wish to successfully operate a small business. The course looks specifically at planning, marketing and undertaking small business operations. It teaches learner's to operate your small business through effective financial and personnel management.

In this course you will focus on the following areas:

  • A sound understanding of the requirements to establish a small business
  • Understand the risks involved in small business
  • Effectively market your business
  • Achieve great profits and strategic outcomes
  • Become an effective leader of staff
  • Understand and effectively use financial reports


Who is it for?

This course is appropriate for people working in, or looking to start a small business. Possible jobs include:

  • Small Business Owner
  • Small Business Manager


Entry Requirements

There are no entry requirements for this course.


How is this course delivered?

You can complete this course online or in a workshop environment. Workshops are limited and based on demand. Contact us on 1300 200 705 if you are interested in completing this course in a workshop.



We understand that each learner has individual requirements and likes to study at their own pace. We would expect this course to take anywhere from 6 months to 1 year to complete (or up to 2 years if completed as part of a traineeship). 

Enrol Now for Online Learning

Looking for more information? 
Contact us here

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Enrol into our online program for;


* RPL price on application (pending number of units applying for RPL)

Please note fees are charged per annum and are GST exempt. Please see HERE for information on further fees that may be applicable.
Qualification Units

To achieve BSB42618 Certificate IV in New Small Business, the learner will need to complete 10 units of competency as below:

  • 4 core units
  • 6 elective units


Core Units

All core units are compulsory

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

Elective units have been specifically chosen to meet generic small business competencies (6 elective units in total required.)

BSBFIA402 – Report a financial activity

BSBSMB405 – Monitor and manage small business operations

BSBSMB406 – Manage small business finances

BSBSMB407 – Manage a small team

BSBWOR404 – Develop work priorities

BSBCUS402 – Address customer needs


** Units Of Competency electives may change from the above detail listed in this course based on different cohorts and customised programs for clients. 

Course Features
  • Study anywhere, anytime
  • User-friendly learning management system
  • Course content and assessments are all online and available 24/7
  • Accreditation ensures that our courses meet established industry needs
  • Assessment are marked within 10 business days
  • No classroom attendance, no travel expenses
  • Trainer and administration support throughout
  • Designated course coordinator with regular contact to help you keep motivated and on track
  • Certificates are issued within 21 days of course completion
  • No hidden fees
Enrolment Process

Once you enrol through the online link above, please be advised that your enrolment will be processed by ISM within 1 business day.

An email with instructions will be sent to you regarding invoice and eLearning details.

Please note: Log on details will only be released once initial payment is received (unless prior arrangements with your organisation). 

It may take up to 2 – 3 business days for you to commence your program.

How are our courses delivered?

At ISM, our courses are offered in both online and workshop formats.

Workshops are limited and based on demand. Contact us on 1300 200 705 if you are interested in completing this course in a workshop.

Assessment Information

Assessments for this course will be provided on your learner portal, which is accessible via Desktop, tablet or mobile.

These assessments vary depending on the unit within the qualification and can include the following:

  • Quizzes
  • Written tasks and/or case studies.
  • Verbal assessment, by way of an interview with your trainer
  • Observation by a trainer
  • Supervisor checklists

To find out more information about assessments and completion requirements, you can contact us here.

Technology Required

To enable completion of this qualification you will require an internet connection to access learning materials and assessments via ISM’s eLearning Portal. 

All materials are online and can be accessed via the ISM e-learning portal.

Our system works best with the following browsers: Safari, Chrome, Firefox, and Internet Explorer 11.

Some assessments may require you to record using a device (such as a smartphone) and submit via our eLearning portal.

To find out more about assessments and completion requirements, you can contact us here.