New Venture Creation

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05
Jun
R25,000

CONTENT OF OUR ACCREDITED NQF 4 TRAINING

UNIT STANDARD MODULES, LEVEL AND CREDITS


Understanding the entrepreneurial profile:

  • Module: Entrepreneurship.
  • Module: The characteristics of a successful entrepreneur.
  • Module: Develop individual entrepreneurial characteristics.
  • Module: Explain methods to enhance an entrepreneurial profile.

Plan strategically to improve new venture performance:

  • Module: Strategic planning in managing business performance.
  • Module: The role of the various functional strategies in business performance.
  • Module: Apply business performance supervision and monitoring
  • Module: Monitor, measure and report on business performance.
  • Module: Identify and rectify performance problems occurring in business.

Describe and apply the management functions of an organization:

  • Module: Management activities.
  • Module: Functions in the management process.
  • Module: Tasks required of managers.

Understand the function of the market mechanisms in a new venture:

  • Module: The free market system.
  • Module: Analyze the interaction of demand and supply in price determination.
  • Module: Analyze the factors that influence economic activity.
  • Module: Describe the development and significance of markets.

Finance a new venture:

  • Module: Determine the capital requirements of the new venture.
  • Module: Compare funding options and services.
  • Module: Compile personal income and expenditure and assets and liabilities statements.
  • Module: Identify the requirements and processes to obtain the selected financing option for the new venture.
  • Module: Identify alternative sources to secure finance for a new venture.

Produce business plans for a new venture:

  • Module: Identify, gather and analyze the relevant information needed to compile a plan for a new venture.
  • Module: Formulate an ethical framework for the operational plans of a venture.
  • Module: Establish and prioritize business, financial and/or operations goals and objectives for new venture.
  • Module: Design and present business, financial and/or marketing plans based on a budget for a new venture.

Course Content

Time: 45 weeks

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R25,000

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Includes

  • Deep Understanding of Business
  • Viable Business Model
  • Become Funding Ready
  • Transition from Idea to Operating Business