NEW VENTURE CREATION (NQF 2)
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.
Financing in a New Venture
Marketing in a New Venture Creation
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.