How to Become a Small Business Operator: Australian Careers in Small Business

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BSB40320

Certificate IV in Entrepreneurship and New Business

Think you’ve struck gold with a business idea that could be the next big thing? Or maybe you want to quit working for someone else and be your own boss? Find success with the BSB40320 Certificate IV in Entrepreneurship and New Business from Open Colleges.

Delivered 100% online, this course has been designed to offer students the foundational skills across key areas; including small business strategic planning, financial management, marketing, and operations. During your studies, you’ll learn critical skills for business success, including how to plan your business finances and get your cashflow in order; the art of small business marketing; how to identify and understand your customers, plus much more.

Enquire today to find out more and be on your way to becoming a better business manager.

PLEASE NOTE – Open Colleges is a privately-run RTO, not government-run like a TAFE, so they cannot offer government funding. Please check eligibility requirements before beginning an enrollment with Open Colleges.

Online

Business Coordinator, Business Development Manager, Entrepreneur, Small Business Manager, Small Business Operator, Small Business Owner, Startup Founder

Price may vary

Up to 24 months

BSB40320

Certificate IV in Entrepreneurship and New Business

The Certificate IV in Entrepreneurship and New Business (BSB40302) from College for Adult Learning is perfect for those currently operating or looking to launch a small business as you will gain an understanding of business operations and how to succeed in today’s competitive market in a wide range of small business contexts. With this course, you’ll strengthen your ability to successfully launch a small business or new business venture. You’ll develop critical business skills to successfully market and promote your new business venture, as well as skills in developing and presenting business plans and proposals to successfully achieve stakeholder buy-in.

You’ll learn how to:

Gain skills in financial planning to understand new business financial positions
Increase your skills in developing business plans and business proposals to achieve stakeholder buy-in
Establish skills in legal and risk management for new business ventures to ensure the business is prepared for possible challenges

Online

Project Coordinator, Small Business Operator, Small Business Owner

Price may vary

Approx. 10 months

BSB40320

BSB40820

Double Certificate IV in Entrepreneurship and New Business plus Marketing and Communication

The Double Certificate IV Entrepreneurship and New Business (BSB40320) plus Marketing and Communication (BSB40820) from College for Adult Learning is perfect for those currently operating or looking to launch a small business. With a strategic combination of essential business and marketing skills, you will have the tools to take your business to the next level and succeed in today’s competitive market. In the Entrepreneurship and New Business course, you’ll learn key operational skills to launch and run your new small business, from developing business plans to finance and risk management.

You’ll learn how to:

Gain skills in financial planning to understand new business financial position
Develop key marketing skills to promote products and services
Increase your skills in developing business plans and business proposals to achieve stakeholder buy-in

Online

Marketing Executive, Small Business Operator, Small Business Owner

Price may vary

Appro. 14 months

On this page

What is a Small Business Operator?

What will I do?

What skills do I need?

Resources

What is a Small Business Operator?

The career of a Small Business Operator is both dynamic and rewarding, offering individuals the opportunity to turn their passions into successful enterprises. Small Business Operators are the driving force behind various types of businesses, ranging from retail shops and restaurants to service providers and online ventures. They are responsible for overseeing daily operations, ensuring that their business runs smoothly while also meeting the needs of their customers. This role is perfect for those who thrive in a fast-paced environment and enjoy the challenge of managing multiple aspects of a business.

In this role, Small Business Operators take on a variety of responsibilities that contribute to the overall success of their business. They manage finances, including budgeting, accounting, and pricing strategies, to ensure profitability. Additionally, they are involved in marketing efforts to attract and retain customers, which may include social media campaigns, community engagement, and promotional events. A key aspect of their job is to provide exceptional customer service, fostering a welcoming atmosphere that encourages repeat business and positive word-of-mouth.

Small Business Operators also play a crucial role in personnel management. They are often responsible for hiring, training, and evaluating staff, ensuring that their team is well-equipped to deliver quality service. This aspect of the job requires strong leadership skills and the ability to motivate and inspire others. Furthermore, they must stay informed about industry trends and regulations to ensure compliance and adapt their business strategies accordingly. This blend of creativity, management, and customer interaction makes the role of a Small Business Operator both challenging and fulfilling.

Ultimately, a career as a Small Business Operator offers the chance to make a significant impact within the community while pursuing personal and professional growth. With the right skills and determination, individuals in this field can create thriving businesses that not only provide financial rewards but also contribute to the local economy and enhance the lives of their customers. For those who are entrepreneurial at heart, this career path is a fantastic opportunity to embrace their ambitions and make their mark in the business world.

Career snapshots For Small Business Operators

The role of a Small Business Owner/Operator is a dynamic and rewarding career path that appeals to many individuals across Australia. This profession is characterised by a diverse range of responsibilities, including managing operations, overseeing staff, and ensuring customer satisfaction. With a growing number of Australians choosing to embark on this entrepreneurial journey, understanding the key statistics surrounding this career can provide valuable insights.

Average Age: Typically ranges from 35 to 54 years.
Gender Breakdown: Approximately 68.2% female and 31.8% male.
Hours Worked: On average, Small Business Owners work around 50 hours per week.
Average Pay: The average hourly rate is AU$38.53, with annual salaries averaging AU$91,563 in Sydney and AU$57,280 in Perth.
Unemployment Rate: The unemployment rate for this role is relatively low, reflecting the demand for small business services.
Employment Numbers: There are approximately 1.1 million independent contractors in Australia, with many operating as small business owners.
Projected Growth: The sector is expected to grow steadily, driven by increasing consumer demand for personalised services and products.

As the landscape of work continues to evolve, the role of Small Business Owner/Operator remains a vital component of the Australian economy, offering opportunities for innovation and personal fulfilment.

What will I do?

Small business operators play a crucial role in the economy, managing their own enterprises across various industries. They are responsible for a wide range of tasks that ensure the smooth operation and growth of their businesses. From overseeing daily operations to managing finances and marketing strategies, small business operators wear many hats. Their ability to adapt and respond to challenges is essential for success in the competitive landscape of small business ownership.

Oversee company operations – Direct production, sales, administrative, and distribution activities to ensure efficiency.
Manage personnel – Handle hiring, training, and performance evaluations to build a competent team.
Develop marketing strategies – Create and implement client acquisition and marketing plans to attract and retain customers.
Establish business policies – Develop company-wide policies, procedures, objectives, and strategies to guide operations.
Review financial activities – Monitor financial performance, set pricing, and manage budgets to ensure profitability.

What skills do I need?

A career as a Small Business Operator requires a diverse set of skills that are essential for managing and growing a successful enterprise. Key competencies include strong leadership abilities, as operators must effectively manage teams, motivate employees, and foster a positive workplace culture. Additionally, financial acumen is crucial; operators need to understand budgeting, financial reporting, and cash flow management to ensure the business remains profitable. Excellent customer service skills are also vital, as building and maintaining customer relationships can significantly impact the business’s reputation and success.

Moreover, Small Business Operators should possess strategic planning skills to set long-term goals and develop actionable plans to achieve them. Marketing knowledge is important for promoting the business and attracting new customers, while operational management skills help streamline processes and improve efficiency. Adaptability and problem-solving abilities are also essential, as operators often face unexpected challenges that require quick and effective solutions. Overall, a combination of these skills enables Small Business Operators to navigate the complexities of running a business and drive it towards success.

Skills/attributes

Strong leadership and management skills
Effective communication abilities
Financial literacy and budgeting skills
Customer service orientation
Marketing and sales expertise
Problem-solving and critical thinking skills
Time management and organisational skills
Knowledge of industry regulations and compliance
Ability to adapt to changing market conditions
Networking and relationship-building skills
Strategic planning and decision-making capabilities
Basic technical skills related to business operations
Resilience and perseverance
Creativity and innovation in business development
Understanding of supply chain management

Resources

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How to Become a Small Business Operator: Australian Careers in Small Business

What is a Small Business Operator?

Career snapshots For Small Business Operators

What will I do?

What skills do I need?

Skills/attributes

Resources

Career Outcomes