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

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Graduate Certificate in Management

An excellent opportunity to hone your management skillset and gain a formal qualification, the Graduate Certificate in Management is designed for those with industry experience who would like to take the next step in their career.

This course is the ideal entry point into postgraduate study, and acts as a pathway to AIM Business School’s MBA program. You’ll learn:

advanced business analysis and improve your problem-solving skills
to apply effective written communication and judgement, and present it in an ethical, responsible and professional manner
how to display ethical and social responsibility in defining goals and setting quality standards in decision-making.

Offered by AIM Business School through online or a blend of both on-campus and online, you have the flexibility to choose a schedule that works around your commitments.

Blended, Online

Adelaide, Brisbane, Melbourne, NSW, QLD, SA, Sydney, VIC

Business Manager, HR Officer, Management Consultant, Office Manager, Sales Manager, Senior Manager, Small Business Owner, Team Leader

Price may vary

Up to 1 year part-time or fast-track your study

Graduate Diploma in Management

Covering theoretical, practical and strategic applications in business management, the Graduate Diploma in Management is an excellent way to formalise the skills and experience gained in your career.

You will obtain a well-rounded understanding of up-to-date business best practices, with the opportunity to progress toward your MBA upon completion of this qualification. The course covers essential topics such as economics, strategy development and implementation, operational improvement, business decision-making and analysis and marketing for managers.

Available for study online or a blend of both on-campus and online options at one of AIM Business School’s many locations, this course fits easily around the schedule of a busy manager.

Blended, Online

Adelaide, Brisbane, Melbourne, NSW, QLD, SA, Sydney, VIC

Executive Director, General Manager, HR Officer, Management Consultant, Office Administrator, Senior Manager, Small Business Owner, Team Leader

Price may vary

Up to 2 years part-time or fast-track your study

Bachelor of Applied Entrepreneurship

In a rapidly-changing business world, whether launching a start-up or joining the workforce, graduates need practical experience, the ability to adapt to change and a readiness to handle big ideas. With that in mind, Ducere and Torrens University Australia deliver a Bachelor of Applied Entrepreneurship that teaches the practical enterprise skills that entrepreneurs and employers need in the 21st century,

With this online degree, you can build your own venture. Ducere’s unique learning and assessment model focuses on practical industry skills, achieved through holistic and applied assessment tasks. Throughout your degree, you’ll complete projects relevant to you, your current workplace and your future business – in place of exams, you’ll be working on real business plans!

You’ll develop an industry-relevant project portfolio as part of your degree, receive dynamic insights from business leaders and start-up pioneers and attend dynamic industry events with course partners including KPMG, NAB, PwC, Telstra and more.

Online

Chief Executive Officer (CEO), Development Officer, Economist, Entrepreneur, Financial Broker, Fundraising Manager, General Manager, Management Consultant, Sales Executive, Small Business Owner, Startup Founder, Strategist

Price may vary

2-4 years

Bachelor of Applied Business (Management)

In a rapidly-changing business world, employers need graduates with practical experience, the ability to adapt to change and a readiness to handle big ideas.

With that in mind, Ducere and Torrens University Australia are proud to offer a Bachelor of Applied Business (Management) that combines the fundamentals of management and business leadership with the practical enterprise skills of the 21st century. If you’re ready to stand out from the crowd and to distinguish yourself as a workplace innovator, then this is the degree for you. In place of exams, you’ll be working on your own business plans, and completing projects relevant to you and your workplace.

In this industry-focused online degree, you’ll develop an industry-relevant project portfolio, receive practical insights from global leaders, CEOs and business innovators and attend dynamic industry events with course partners including KPMG, NAB, PwC, Telstra and more.

Study managerial communication, corporate structuring, project management and business model analysis. Lead high performing teams and utilise technology to identify risks, opportunities and maximise ROI. Secure your future with real-world learning. You’ll receive dynamic insights from a global faculty of 250+ world leaders, including Presidents, Prime Ministers, billionaires, philanthropists, Fortune 500 CEOs, Start-up Pioneers, Nobel Peace Prize Winners and more

Instead of exams, you’ll benefit from practical education where you can choose the topic of your assignments and tailor the degree to your career goals. If this sounds like you enquire now!

Online

Business Administrator, Business Development Manager, Executive Officer, Financial Analyst, HR Manager, Management Consultant, Managing Director, Operations Manager, Project Manager, Purchasing Manager, Sales Executive, Small Business Owner, Startup Founder, Team Leader

Price may vary

2-4 years

The Fast-Track MBA

You’re a big-picture thinker with a dream unlock your potential and power your career forward. This online Master of Business Administration (MBA) course from the Australian Institute of Business (AIB) gives you the skills and connections to make it a reality.

A fully accredited qualification recognised nationally and internationally, this online Fast-Track MBA course is flexible and designed for busy working adults, with practical interactive learning, ideal for students seeking to rapidly progress their business careers and take a strategic next step. With full online delivery, sophisticated student support services and flexible intake dates, this MBA qualification is tailored for professionals looking to build in-demand new skills and relevant industry connections with a quick return on time and money investment.

In this course, you’ll build the essential business knowledge and skills required to advance your business career and enhance your employment opportunities. You’ll learn fundamental aspects of business including strategic planning, leadership, governance, risk management and human resources management, and have the opportunity to specialise your study in an advanced area relevant to your career. Choose from entrepreneurial management, finance, human resources management, marketing management, logistics and supply chain management, or undertake a generalised MBA and tailor the subjects to your needs.

In this course, you’ll learn from high-profile industry professionals with decades of experience, and tackle practical, real-world tasks that set you up with the skills required to immediately advance your career after graduating.

If you’re looking to quickly and effectively progress your career and are interested in completing an MBA program, this flexible, practical and well-regarded qualification is your next effective career step.

Online

Chief Executive Officer (CEO), Entrepreneur, General Manager, Management Consultant, Managing Director, Marketing Manager, Operations Manager, Project Manager, Small Business Manager, Small Business Owner, Strategic Advisor, Team Leader

Price may vary

12 months

Executive MBA

Take the first step in your global business career with this online Executive Master of Business Administration course from Ducere Business School.

Designed for students with global career ambitions, this executive business degree offers the prestige of a world-leading university with the hands-on support of local offices. With this degree, you’ll have access to a course accredited by a university in the world’s top five per cent and taught by industry-leading experts — without leaving your home.

In this course, you’ll build a strong foundation in core business skills and knowledge. You’ll study business strategy, leadership, marketing, finance and innovation, and put your skills into practice with applied industry-based projects. With no exams and 100 per cent online learning, this course offers a flexible and highly relevant opportunity to gain a sought-after business degree without interrupting your life.

If you’re seeking to grow your confidence, enhance your career opportunities, or take your next step towards a leadership role, this course is for you.

Online

Account Manager, Business Manager, Chief Executive Officer (CEO), General Manager, Management Consultant, Managing Director, Small Business Manager, Small Business Owner

Price may vary

1 year full-time

BSB50120

Diploma of Business

Progress your business leadership career with the skills and experience gained in this online BSB50120 Diploma of Business qualification from Foundation Education.

Designed for students with no prior academic experience, this course is suited for people seeking to accelerate career development and build sought-after business skills. This qualification will equip you with the skills and knowledge required to seek work in senior leadership and management positions across a range of business industries.

You’ll learn how to think critically in the workplace; how to manage business finances and resources; how to develop strong policies and procedures; how to communicate effectively; how to manage and lead teams; how to develop and implement operational plans; and how to use emotional intelligence. This qualification is a work-ready pathway towards your career in leadership.

Delivered entirely online, this course is flexible to suit your lifestyle. Project-based and case study assessments ensure your learning is practical, and Foundation Education’s dedicated student support team ensures your study experience is well-supported.

Please note: This is a fee-for-service program, it is not government funded.

Online

Administration Supervisor, Business Manager, Executive Assistant, Office Manager, Senior Administrator, Small Business Owner, Team Leader

Price may vary

Up to 12 months part-time

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: This is a fee-for-service course, it is not government funded.

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 Owner?

What will I do?

What skills do I need?

Resources

What is a Small Business Owner?

The role of a Small Business Owner is both dynamic and rewarding, offering individuals the opportunity to turn their passions into thriving enterprises. Small business owners are the driving force behind their companies, overseeing all aspects of operations, from product development to customer service. They play a crucial role in their communities, often providing unique products and services that cater to local needs while fostering economic growth and job creation.

In this multifaceted position, small business owners are responsible for a wide range of tasks that ensure the smooth running of their operations. They manage finances, develop marketing strategies, and build relationships with customers and suppliers. Additionally, they often take on the role of human resources, hiring and training staff to create a motivated and effective team. This hands-on approach allows them to maintain a close connection with their business and its customers, which is essential for success in a competitive market.

Small business owners also have the flexibility to innovate and adapt their business strategies based on market trends and customer feedback. This adaptability not only helps them stay relevant but also allows them to explore new opportunities for growth. Whether it’s launching a new product line or expanding their services, the ability to pivot and respond to changing circumstances is a key aspect of their role. This entrepreneurial spirit is what makes being a small business owner an exciting and fulfilling career choice.

Ultimately, a career as a Small Business Owner is about more than just financial success; it’s about creating a legacy and making a positive impact in the community. With dedication, creativity, and a strong vision, small business owners can achieve their dreams while contributing to the vibrant tapestry of local economies. This career path not only empowers individuals to take control of their professional lives but also inspires others to pursue their entrepreneurial aspirations.

Career snapshots For Small Business Owners

The role of a Small Business Owner is both challenging and rewarding, requiring a diverse skill set to manage various aspects of a business. This career path is characterised by a significant commitment of time and resources, often leading to a fulfilling entrepreneurial journey.

Average Age: Typically ranges from 35 to 54 years.
Gender Breakdown: Approximately 87.5% male and 12.5% female.
Hours per Week: Small business owners often work more than 40 hours per week, with many exceeding 50 hours.
Average Pay: The average salary is around AU$72,414 per year, with a range from AU$51,000 to AU$123,000.
Unemployment Rate: The unemployment rate for small business owners is relatively low, reflecting the entrepreneurial nature of the role.
Employment Numbers: There are approximately 1.4 million small businesses in Australia, employing around 4.7 million people.
Projected Growth: The small business sector is expected to grow steadily, with increasing opportunities in various industries.

Small business owners play a crucial role in the Australian economy, contributing significantly to job creation and innovation. As they navigate the complexities of running a business, they often find themselves at the forefront of economic development in their communities.

What will I do?

Small business owners play a crucial role in the economy, serving as the backbone of local communities and driving innovation. They are responsible for managing all aspects of their business, from operations to finances, while also ensuring customer satisfaction and employee engagement. This multifaceted role requires a diverse skill set and a commitment to continuous improvement, making it both challenging and rewarding.

Oversee company operations – Direct production, sales, administrative, and distribution activities to ensure smooth functioning.
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 grow the business.
Establish policies and procedures – Develop company-wide policies, objectives, and business strategies to guide operations.
Direct financial activities – Review financial performance, set pricing, and manage budgets to ensure profitability.

What skills do I need?

A career as a small business owner requires a diverse set of skills that encompass both management and operational expertise. Key skills include strong leadership abilities to inspire and manage a team, effective communication skills for engaging with customers and stakeholders, and financial acumen to oversee budgeting, pricing, and profitability. Additionally, small business owners must be adept at marketing and sales strategies to attract and retain customers, as well as possess problem-solving skills to navigate the challenges that arise in day-to-day operations.

Moreover, adaptability is crucial in the ever-changing business landscape, allowing owners to pivot their strategies in response to market trends and customer needs. Time management skills are also essential, as small business owners often juggle multiple responsibilities, from overseeing operations to managing finances and marketing efforts. By cultivating these skills, aspiring small business owners can position themselves for success in their entrepreneurial journey.

Skills/attributes

Strong leadership and management skills
Financial literacy and budgeting abilities
Effective communication and interpersonal skills
Marketing and sales expertise
Problem-solving and critical thinking skills
Time management and organisational skills
Adaptability and resilience
Customer service orientation
Strategic planning and vision
Knowledge of industry trends and market dynamics
Ability to build and maintain a network of contacts
Understanding of legal and regulatory requirements
Team-building and personnel management skills
Passion for the business and commitment to its success

Resources

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VIC

ACT

TAS

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

What is a Small Business Owner?

Career snapshots For Small Business Owners

What will I do?

What skills do I need?

Skills/attributes

Resources

Career Outcomes

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

What is a Small Business Owner?

Career snapshots For Small Business Owners

What will I do?

What skills do I need?

Skills/attributes

Resources

Career Outcomes