SP-210401 New Venture Creation
This skills (learning) programme supports the New Ventures being created by young people, especially in rural areas.
NQF: 2
Entry Requirements:
Credits:
Entry Requirements:
- NQF Level 1
Credits:
- 32
Accreditation: QCTO
Skills Programme: 210401
The Role of an Entrepreneur
The role of an entrepreneur is to identify opportunities, create businesses, and take calculated risks in order to provide products or services that meet market needs. Entrepreneurs play an important role in economic growth, innovation, and job creation.
Detailed Information
Who Should Attend the Training?
- Those wish to obtain certification in entrepreneurship.
- Those who are involved in starting a new business.
Components Covered
- Topic 1: Being an entrepreneur.
- Topic 2: Know yourself.
- Topic 3: Know your industry
- Topic 4: Identifying Market opportunities
- Topic 5: Innovation
- Topic 6: Customer Service
- Topic 7: Financial and Cash flow management
- Topic 8: Basic business financial statements
- Topic 9: Pricing of goods and services
- Topic 10: Marketing
- Topic 11: SMART goals
- Topic 12: Business Planning
Exit Level Outcomes (ELO) and Associated Assessment Criteria (AAC)
- Gather and analyse information for an industry.
- Determine market requirements relevant for marketing and selling goods and services.
- Determine financial, human and infrastructure requirements
- Manage financial, human and infrastructure resources of a business.
- Plan for the establishment of business.
- Organise and conduct business activities.