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Course Overview

This qualification takes learners through the process of starting a new venture, acquiring customers, as well as how to manage their new venture through its growth and maturity stages. It covers critical issues when starting a new venture, such as developing a business plan, identifying strengths, weaknesses and threats as well as viability and innovation. It’s designed for learners who intend to set up or have already set up own ventures, capitalising on the opportunity to grow a sustainable business that forms part of the mainstream economy.

Course Content

  • Literacy

  • Numeracy

  • Business Communication

  • Professional Behaviour

  • Financing in a New Venture

  • Business Operations

  • Marketing in a New Venture Creation

  • Legislative Requirements

Course Outcomes

  • Use basic Mathematics in order to fulfil new venture functions effectively

  • Apply basic Communication skills in new venture creation context

  • Determine market requirements and manage the relevant marketing and selling processes

  • Demonstrate an understanding of the sector/industry in which the business operates

  • Determine financial requirements and manage financial resources of a new venture

  • Manage business operations 


  • Communication at NQF level 1

  • Mathematical Literacy at NQF L 1


Learners will receive a Services Seta National Certificate of competence with a minimum of 138 credits. Credits may vary depending on the electives selected by the learner.