BSB30220 - Certificate III in Entrepreneurship and New Business
This course is designed to give students the skills and knowledge they need to start and run their own successful businesses. The course covers a range of topics including business planning, marketing, and financial management. Upon completion, students will have the skills and confidence to turn their business ideas into reality and succeed in the competitive world of entrepreneurship.
Course Overview
The Certificate III in Entrepreneurship and New Business is a comprehensive course designed to provide students with the skills and knowledge required to establish and run a business as a sole trader or contractor. This course covers a range of essential topics, including developing a business plan, market research, financial management, risk management, and legal and regulatory compliance.
This nationally recognised qualification empowers you to recognise new business opportunities and strengthens your operational abilities to turn your ideas into a reality. By completing this course, you will gain practical skills to develop workable business proposals, purchase goods and services, comply with regulatory requirements, and manage social media marketing. In addition to enhancing your operational skills, the course is also designed to develop personal skills, which are essential for professional success. You can apply these skills to grow your existing business, start a new venture, or gain an added advantage in your workplace.
Course Delivery and Duration
Our online guides and assessments have been uniquely developed to best equip you for the real world! We have ensured you will remain engaged while completing your studies and provide real life, relatable scenarios to set you up for your future!
10 months is the average course duration for completing the Certificate III in Entrepreneuryship and New Business qualification. As this course is 'self-paced' study you can enrol at any time and progress at any speed you like without the stress of due dates and rigid class timetables, fitting study around work, family and life. Study duration depends on the hours you put in and your skill level. As a guide, someone dedicating 8 hours per week to study, could expect to complete the assessment component of the course in 6 – 8 months.
Note: Traineeship or funded enrolments may have different completion timeframes depending on the training contract/funding requirements
Students receiving study benefits from Centrelink (education on supplement) will be obligated to complete the course in 28 weeks (full-time) or 56 weeks (part-time). Students who complete the course as part of a traineeship will have 12 months full-time or 2 years part-time.
Career Opportunities and Pathways
The Certificate III in Entrepreneurship and New Business can lead to a variety of career and study pathways, including:
Career Pathways:
- Sole trader or Contractor: Small Businesses operating as a sole trader or contractor are responsible for managing their own businesses, which may include marketing, sales, accounting, and other aspects of business management.
- Start-up Business Owner: Start-up Business Owners are individuals who have developed a new product or service and are seeking to bring it to market. This may involve securing funding, developing a business plan, and managing all aspects of the start-up process. They can operate as a sole trader or hire employees or engage contractors to help with the business operations.
- Business Development Officer: Business Development Officers are responsible for identifying new business opportunities and developing strategies to grow a business. This may involve conducting market research, identifying potential clients, and developing sales strategies.
Study Pathways:
- BSB40320 Certificate IV in Entrepreneurship and New Business: After completing the Certificate III in Entrepreneurship and Small Business, students can consider enrolling in the Certificate IV in Entrepreneurship and New Business. This certificate builds on the foundational skills and knowledge learned in the Certificate III and helps students develop a more comprehensive understanding of entrepreneurship and business management.
- Diploma of Business: This Diploma can provide students with a deeper understanding of business operations, marketing, financial management, and other important business principles. It is an excellent option for students who want to develop their skills further and learn about different aspects of business management.
- Diploma of Leadership and Management: This Diploma can further help students develop strong management skills and leadership qualities. This can be particularly useful if students plan to start their own business or want to advance their career in business management.
These are just a few examples, and the specific career and study opportunities and pathways will depend on your skills, interests, and experience. This Certificate III in Entrepreneurship and New Business is perfect for individuals who are interested in starting their own small business venture or who are currently running a small business and wish to develop their skills further.
Units
In total, you need to complete 10 nationally recognised units of competency. This qualification is nationally recognised under the Australian Qualifications Framework (AQF) and upon completion you will be issued with a Statement of Attainment.
Core units:
BSBESB301 Investigate business opportunities
BSBESB302 Develop and present business proposals
BSBESB303 Organise finances for new business ventures
BSBESB305 Address compliance requirements for new business ventures
Plus 6 Elective units
Entry Requirements
There are no specific entry requirements for this course however students will require:
- Sufficient level of language, literacy and numeracy is required for students to be able to complete the required assessments
- Basic computer skills
- Access to a computer and internet
Support and assessments
Our online courses include the support of experienced industry professionals and support staff to guide you through the program. Our trainers are dedicated to helping you succeed and will be available to answer your questions and provide feedback on your progress. They will provide you with the guidance and support you need to fully understand the course material, as well as offer suggestions for further learning opportunities.
Furthermore, you will have access to a wealth of up-to-date, easy-to-understand online course materials, including videos, tutorials, and practice exercises, which will help you to deepen your understanding of the course material.
Start Now
Upon completion of the course, you will possess not only real-world skills and understanding, but also a nationally recognized and accredited qualification. Apply your skills in a dynamic new position or pursue a new exciting career path - start your future now!