Nationally Recognised

Manage Finances for New Business Ventures BSBESB407

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This short course is designed for those looking to develop their skills in managing small business finance.

This unit describes the skills and knowledge required to implement and review financial management strategies. This includes the use of new and emerging digital technologies, and interpreting financial reports, and other numerical data.

This unit is applicable to those establishing a business providing self-employment, or those establishing a new venture as part of a larger organisation.

Completing the BSBESB407 Manage Finances for New Small Business Ventures, will give you crucial skills and knowledge in areas like:

  • Financial strategy.
  • Monitor financial performance.
  • Review financial performance.

Learning Outcomes

BSBESB407 Manage finances for new business ventures is a single unit implicit of the CPC40120 Certificate IV in Building and Construction (Building).

This unit describes the skills and knowledge required to implement and review financial management strategies, using new and emerging digital technologies, and interpreting financial reports, and other numerical data.

ThIS unit applies to those establishing a business providing self-employment, or those establishing a new venture as part of a larger organisation.

Please note, completion of this unit will result in a statement of attainment only.

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Career

A career in managing finances for new business ventures in Australia, requires a strong background in Finance, Accounting, or Business Management. The following are some job roles and opportunities within this field, along with their average annual salary data (based on data from the Australian Government’s Job Outlook website and salary information websites):

Financial Manager: AUD $90,000 to AUD $150,000 per year.

Business Analyst: AUD $75,000 to AUD $130,000 per year.

Financial Planner: AUD $70,000 to AUD $130,000 per year.

Investment Banker: AUD $90,000 to AUD $170,000 per year.

Financial Advisor: AUD $70,000 to AUD $130,000 per year.

Corporate Finance Manager: AUD $90,000 to AUD $150,000 per year.

Business Development Manager: AUD $80,000 to AUD $140,000 per year.

Venture Capitalist: AUD $120,000 to AUD $200,000 per year.

Equity Research Analyst: AUD $75,000 to AUD $130,000 per year.

Investment Manager: AUD $90,000 to AUD $150,000 per year.

A career in managing finances for new business ventures involves analysing financial data, creating and managing budgets, and identifying potential investment opportunities. Graduates with a background in this field can find career opportunities in a variety of industries, including Finance, Technology, and Consulting. These professionals typically work with business owners, entrepreneurs, and investors to help grow new businesses and secure funding.

Many start-ups and new business ventures require professionals who specialise in managing finances in order to secure funding, and grow their businesses. These businesses require professionals who can help manage finances and make data-driven decisions to support the businesses growth.

(Please note that these are estimates, and the salary ranges can vary depending on the company, region, industry, and qualifications of the individual. Research conducted by eflr Group)

Course Info

Delivery & Support

This qualification is delivered 100% on-line including theory, text books, projects and assessments.

You will receive full support for the duration of your course and can call our team from 8.30am to 5.00pm Monday – Friday.

You can also correspond with our team via email, on-line chat, SMS and communicate to your trainer and support officer through your on-line profile.

Once completed you will be issued a formal hard copy qualification/certificate free of charge including an electronic email version.

Course Breakdown

You have up to 3 months to successfully complete all the training and assessment requirements for this course.

Tools Required

To successfully complete this course, you will require access to a desktop computer or laptop; and adequate access to internet connection.

You will also require an active email account and a mobile phone equipped with a camera.

Software – you will require access to MS Word, MS Excel, and online search platforms.

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Course Units

This unit describes the skills and knowledge required to implement and review financial management strategies, by using new and emerging digital technologies, and interpreting financial reports, and other numerical data. This unit applies to those establishing a business providing self-employment, or those establishing a new venture as part of a larger organisation.

Delivery

Study Options

We offer a range of flexible training options to suit your personal schedule. We understand that life can get in the way, with work, family, and life commitments. It can be challenging, we get it.

Our solution is to provide a tailored approach to your style of learning to help you maximise your time and fit in with your life schedule. Speak to our team for more information regarding the support we can offer you. 

Online

Our easy to use online platform gives you control of your learning experience.

You can access all learning via mobile and tablet, however our platform is desktop oriented and will provide the best experience. 

Assessments are conducted at the end of each unit and delivered in a variety of ways.

We focus on delivering theory based learning through multiple choice questions, written responses, interactive lessons, swipe left to right, and online projects. All part of our dynamic learning experience. 

You will also get access to local student support via phone, email, and online chat.

Self-Paced Learning

Self-paced learning means you can learn on your own time and schedule. You don’t need to complete the same assignments, or learn at the same time as others. 

You can move from one topic or segment to the next at your speed.

You get to select what units you wish to start with, and jump from one to another as you feel you need to. 

We give you full control over your learning experience.

Self paced learning removes the pressure of traditional class room training, and traditional University semesters.

Flexibility

Flexibility means you can work with our team to make the changes you need to get through your course.

You can defer for free or pause your course if your personal circumstances change.

If you find you’ve made the wrong choice when choosing your course, its simple – you can change courses to another that you feel is better suited to you, or you can gift your course to a friend, family member or work colleague – we have options!

Contact our office for more details.

Get Started

3 Easy Steps

01

Select Your Course​

Choose the course that best suits your needs. Should you require any assistance or have questions, feel free to call us at your convenience. In case the course you’re looking for isn’t listed, please don’t hesitate to get in touch with us. We offer a wider range of courses through our other training brands.

02

Costs & Payments

Now, it’s time to choose your payment method. Our most popular option is the upfront payment, which offers you the largest discount. Additionally, we provide interest-free financing and a pay-as-you-go plan for your convenience. All these payment options are readily accessible from the course page. Please note that for all specialised short courses priced under $500, upfront payment is required.

03

Enrolment

The enrolment process varies based on the course you select. For Accredited Training courses, once your initial payment is processed, our team will personally guide you through the onboarding process with a phone call and follow-up email.For specialised short courses priced under $500, enrolment is streamlined and conducted exclusively through direct email.

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This option has become a favourite among our customers.

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RRP:

$279

Pay Upfront Price: $251.28

FAQ

We’re a new business but part of a bigger company that has been in the RTO training space since 2016.

100%. We are an Australian business, and always have been.

40+ and growing. We have staff all over the country and our HQ is in Brisbane.

No. Our campus is online! We are 100% virtual. We deliver all our courses online through our student learning portal. Without the large costs of a campus and infrastructure, we can offer the best industry prices. And you can study, anytime and anywhere.

Each course has a suggested time frame for completion. This can be viewed on each course page. Courses are self-paced however all have a specific end date. If you need more time, you can request an extension by contacting our office to discuss.

Yes, but let’s talk first. Contact us if you want to change your course, so we can make sure you move to the right pathway. We can direct you towards a new course of equal value without much difficulty. If the new course costs a little more or less, we’ll find a solution to get you sorted.

Yes. We understand that life gets in the way sometimes. Contact our support team and ask us to suspend your course until you’re ready to start again. We might also grant you an official extension. Some fees may apply.

You can contact our support office 5 days a week. We will listen to your concerns and walk you through your options. Generally, we’ll encourage you to push through. Learning can be challenging sometimes, but the challenge is where all the learning starts!

Once you complete and successfully pass your course, and pay your course fees in full, we will email an electronic copy of your full certificate to you. We will also send a hard copy certificate to your postal address.

We are not tax advisors, so we always advise you to seek professional advice. However, if the qualification relates to your job or industry, it is generally 100% tax-deductible. But please seek advice from your tax professional.

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I believe education, any education, is the foundation of success.

I believe education, any education, is the foundation of success.

- Gary Vaynerchuk