SCHOOL OF SMALL BUSINESS & ENTREPRENEURSHIP
The purpose of the New Venture Creation qualification is to provide a qualification that can form the basis for structured programmes for potential and existing entrepreneurs to capitalise on opportunities to start and grow sustainable businesses that form part of the mainstream economy, enabling the learners to tender for business opportunities within both the public and private sectors. This qualification is designed for learners who intend to set up or have already set up own ventures. Assessment of the competencies and knowledge in the qualification needs to be done in the context of the learner’s own new venture.
MODULES TO BE COVERED
- Module 1: The fundamentals of Entrepreneurship
- Module 2: Planning and Administration
- Module 3: Marketing
- Module 4: Financial Management
- Module 5: Business Management
- Module 6: Human Resource Management Communication
SKILLS PROGRAMMES
Core 263356 Demonstrate an understanding of the entrepreneurial profile
Core 114600 Apply innovative thinking to the development of a small business
Core 114596 Research the viability of new venture ideas / opportunities
Fundamental 8969 Interpret and use information from texts
Fundamental 119465 Write texts for a range of communicative contexts
114592 Produce business plans for a new venture
12153 Use the writing process to compose texts required in the business environment
114590 Mobilise resources for a new venture
114583 Develop, implement and evaluate a marketing strategy for a new venture
114595 Demonstrate an understanding of the function of the market mechanisms in a new venture
8975 Read analyse and respond to a variety of texts
8974 Engage in sustained oral communication and evaluate spoken texts
114584 Finance a new venture
114594 Apply the principles of costing and pricing to a business venture
114586 Manage finances of a new venture
7468 Use mathematics to investigate and monitor the financial aspects of personal, business, national and international issues
114593 Tender to secure business for a new venture 114893: Pack customer purchases at point of sales
114583 Develop, implement and evaluate a marketing strategy for a new venture
11487 Determine and manage the human resource needs of a new venture
114618 Monitor productivity in a business venture
114585 Plan strategically to improve business performance
114587 Determine and manage the human resource needs of a new venture
114589 Manage time productively
13940 Demonstrate knowledge and application of ethical conduct in a business environment
9015 Apply knowledge of statistics and probability to critically interrogate and effectively communicate findings on life related problems
