Can an RTO still enrol new students in BSB40407?

For an RTO registered by ASQA, new enrolments are not permitted today, unless ASQA has approved otherwise — for your organisation, for a class of RTOs, or for all RTOs. The one-year point this rule counts from — one year from the date the replacement was included on the National Register — fell earlier, on 25 March 2016. That date is arithmetic, not a day on which this instrument prohibited anything: s 14(1)(a)(i) of the National Vocational Education and Training Regulator (Compliance Standards for NVR Registered Training Organisations and Fit and Proper Person Requirements) Instrument 2025 (F2025L00355) commenced on 1 July 2025 and imposes nothing before then. RTOs registered by VRQA in Victoria or by the TAC in Western Australia are not covered by it.

Is there a deadline for learners already enrolled in BSB40407?

Learners already enrolled have no fixed deadline: they complete the product and are issued their AQF certification, or transfer to the replacement, in a timely manner (ASQA guidance, read live 25 August 2026).

BSB40407 Certificate IV in Small Business Management

Where the register points next

Each step below is one supersession training.gov.au publishes between two products. The label on the rail is the equivalence the register declares for that step — not our reading of it.

BSB40407Superseded — equivalentCertificate IV in Small Business Management
equivalent
BSB40415Superseded — equivalentCertificate IV in Small Business Management
equivalent
BSB42615Superseded — equivalentCertificate IV in New Small Business
equivalent
BSB42618Superseded — equivalentCertificate IV in New Small Business
equivalent
BSB40320CurrentCertificate IV in Entrepreneurship and New Business

What the register says changed

These are the mapping notes training.gov.au attaches to each supersession, quoted as the register writes them. They are the only public record of what actually changed between two versions.

BSB40407BSB40415equivalent24 March 2015
Updated to meet Standards for Training Packages.

Official documents on the register

What training.gov.au lists for BSB40407 and for its training package BSB07 (release 9.0), with the name and date the register publishes for each file. We link them; we have not read them, and nothing on this page is taken from their contents.

BSB40407_R4.pdfBSB40407 release 4 · product document · published 28 August 2013
BSB40407_R4.docxBSB40407 release 4 · product document · published 26 November 2024

Is BSB40407 on your scope?

This page is the register's record of one product. What it cannot tell you is whether BSB40407 sits on your own scope today, or what else on that scope has moved without anyone noticing. Enter your RTO number and we read every product on your live scope against training.gov.au and tell you which ones are superseded and which replacements the register flags not equivalent.

Whether a supersession requires anything of you, and what, sits with you and your regulator. This page maps what the register records; it does not make that judgement. If the difference between an equivalent and a non-equivalent replacement is the question, we wrote it up in equivalent vs not equivalent.

What BSB40407 is made of

training.gov.au lists 32 units for BSB40407: 4 core and 28 elective. The register does not publish a completion rule in units for this product, so we do not state one. How many of the electives are required is in the packaging rules on training.gov.au.

Core units 4 listed

Code	Unit	In this product
BSBSMB401A	Establish legal and risk management requirements of small business	not current
BSBSMB402A	Plan small business finances	not current
BSBSMB403A	Market the small business	not current
BSBSMB404A	Undertake small business planning	not current

Elective units 28 listed

Code	Unit	In this product
BSBCRT501A	Originate and develop concepts	not current
BSBCUS401B	Coordinate implementation of customer service strategies	not current
BSBCUS402B	Address customer needs	not current
BSBEBU401A	Review and maintain a website	not current
BSBFIA402A	Report on financial activity	not current
BSBFRA401B	Manage compliance with franchisee obligations and legislative requirements	not current
BSBINN301A	Promote innovation in a team environment	not current
BSBINT303B	Organise the importing and exporting of goods	not current
BSBIPR405A	Protect and use intangible assets in small business	not current
BSBMGT404A	Lead and facilitate off site staff	not current
BSBMKG413A	Promote products and services	not current
BSBMKG414B	Undertake marketing activities	not current
BSBPMG522A	Undertake project work	not current
BSBREL401A	Establish networks	not current
BSBREL402A	Build client relationships and business networks	not current
BSBRES401A	Analyse and present research information	not current
BSBSMB405B	Monitor and manage small business operations	not current
BSBSMB406A	Manage small business finances	not current
BSBSMB407A	Manage a small team	not current
BSBSMB408B	Manage personal, family, cultural and business obligations	not current
BSBSMB409A	Build and maintain relationships with small business stakeholders	not current
BSBSMB410A	Review and implement energy efficiency in business operations	not current
BSBSMB411A	Manage specialist external advisory services	not current
BSBSMB412A	Introduce cloud computing into business operations	not current
BSBSUS301A	Implement and monitor environmentally sustainable work practices	not current
FNSACC406A	Set up and operate a computerised accounting system	not current
PSPGOV407B	Provide a quotation	not current
SIRXQUA002A	Lead a team to foster innovation	not current

Core and elective are the register's own flags on the unit grid of the release read here. "Not current" means training.gov.au no longer recommends that unit for use inside this product — it does not say anything about the product itself.

Source: this product on training.gov.au, Australia's national training register — or go straight to the units it requires. The rule itself is item 14 of F2025L00355, and ASQA publishes the extensions it has granted. Read on 14 October 2026 UTC. Every code, title, date, status and equivalence flag on this page is the register's; nothing here is estimated or inferred, and where the register publishes nothing we say so.

Every BSB training product on the register · Search all training products

Take this with you — one email with this page's clock as the register states it today. Nothing scheduled after it.

Also alert me when a cutoff in this scope changes. Ticking this keeps alert emails on for this address — they start once your RTO is on the free watch (one minute from the panel link in the email), and every alert has a one-click stop.

No account, no card. Your address gets this one email — no list, no marketing. Cutoff alerts only ever come from a watch you start yourself — the box just records your yes now — and every alert has a one-click stop.

Is BSB40407 still on your scope? Type your RTO code and get the free breakdown — every superseded product on your live scope, and whether the register flags each replacement equivalent.

Also watch that scope — email me when something on it is approaching the date new enrolments stop, or when the register changes what you have to do. Free forever, one click to stop.

No account, no card. We never ask for anything about your learners. Your address gets this one report — no list, no marketing — and the scope watch only if you tick the box, with one click to stop it.