Courses

FURTHER EDUCATION AND TRAINING CERTIFICATE: NEW VENTURE CREATION ID: 66249 NQF 4
CREDITS: 149
Course Duration: 12 Months

ENTRY REQUIREMENTS
Who should be attending this Learning Programme?
This qualification is intended for persons who wish to start, operate, manage and grow a new small to medium business venture. This Qualification is also attractive to persons who have not received formal training in this Sector but who are already managing and/or are working as employees within an established Small, Micro and Medium Enterprise business.

What entry requirements should I comply with when entering this Learning Programme?
Learners should be competent in the following:
• Communication at NQF Level 3.
• Mathematical Literacy at NQF Level 3.

Course objectives

This Qualification contributes to an integrated National Qualifications Framework; provides for access, mobility and progression within the Small, Micro and Medium Enterprise Sector; enhances the quality of training for entrepreneurs; allows for the redress of past and contributes to the development of the learner entrepreneurs

Learners attempting this qualification will be equipped with a variety of technical, business managerial and personal skills and strategies to help them succeed in the creation and sustenance of a business.

Course outline

Skills Programme 1 Start and Run a New Venture
• Innovative Thinking
• Research a New Business Opportunity
• Understanding Entrepreneurship
• Fundamental Knowledge for a Business Plan
• Prepare a Business Plan

Skills Programme 2 Business Writing Skills
• Communication in the Workplace
• Writing Skills for Business
• Read and Review Business Information
• Participating in the Learning Programme
• New Business Promotions

Skills Programme 3 Business Communications 2nd Language
• Communication Skills
• Reading Skills
• Writing Skills
• Basic Research Skills
• Negotiation Skills
• Business Ethics

Skills Programme 4 Human Resources Management

• Labour Relations
• Manage Human Resources
• Business Ethics

Skills Programme 5 Management of a New Venture
• Strategic and Operational Planning
• Business Performance
• Motivating a Team
• Negotiation skills

Skills Programme 6 Manage the Finance of a New Venture

• Implement Financial Management
• Manage Finance
• Fundamental Numeracy
• Organising and Analysing Data
• Financing a Business
• Pricing and Costing

Course EXIT LEVEL OUTCOMES

• Apply innovative thinking to the development of a small business
• Demonstrate an understanding of an entrepreneurial profile
• Produce business plans for a new venture
• Research the viability of new venture ideas/opportunities
• Implement an action plan for a new venture
• Demonstrate an understanding of the function of the market mechanisms in a new venture
• Use language and communication in occupational learning programmes
• Engage in sustained oral/signed communication and evaluate spoken/signed texts
• Read/view, analyse and respond to a variety of texts
• Write/present/sign for a wide range of contexts
• Manage general administration
• Accommodate audience and context needs in oral/signed communication
• Interpret and use information from texts
• Use language and communication in occupational learning programmes
• Write/present/sign texts for a range of communicative contexts
• Demonstrate knowledge and application of ethical conduct in a business environment
• Implement and manage human resource and labour relations policies and acts
• Demonstrate basic understanding of the Primary labour legislation that impacts on a business unit
• Negotiate an agreement or deal in an authentic work situation
• Explain and apply the concept, principles and theories of motivation in a leadership context
• Plan and manage production/operations in a new venture
• Plan strategically to improve new venture performance
• Finance a new venture
• Manage finances of a new venture
• Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems
• Represent analyse and calculate shape and motion in 2-and 3-dimensional space in different contexts
• Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues
• Apply the principles of costing and pricing to a business venture