COURSE OVERVIEW:
The purpose of the Qualification is to develop the appropriate skills and knowledge required by a person for the establishment and development of a small to medium business venture and address the economic, administrative and behavioral (psycho-social) barriers that contribute to success in starting and sustaining the venture.
This qualification is intended for persons who wish to start, operate, manage and grow a new small to the medium business venture. 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. The successful learner will develop a sound foundation for the application of these skills and knowledge to explore a diverse range of entrepreneurial opportunities.
ARTICULATION OPTIONS
This Qualification lends itself to both vertical and horizontal articulation possibilities.
Horizontal articulation is possible with the following Qualifications:
ID 48883: Further Education and Training Certificate: Small Business Advising (Information Support), NQF Level 4.
ID 57712: Further Education and Training Certificate: Generic Management, NQF Level 4.
Vertical articulation is possible with the following qualifications:
ID 48886: National Certificate: Business Advising, NQF Level 5.
ID 48874: National Certificate: Business Consulting Practice (Enterprise Resource Planning), NQF Level 5.
ID 59201: National Certificate: Generic Management, NQF Level 5.
TYPE OF PROGRAMME
• Part-time
• Full time
DURATION
18 months
ADMISSION REQUIREMENTS
The learner is required to have a minimum of Grade 12. Must able to speak and write in English.
LEARNER MATERIAL
All learning material included in tuition fees.
ASSESSMENT
1.1 An understanding is demonstrated of the importance of a paradigm shift from a job-seeking attitude to a business opportunity seeking attitude.
1.2 Business opportunities are identified and evaluated in terms of its potential viability.
1.3 Problems-solving techniques and principles are applied within a business start-up and operation context.
Associated Assessment Criteria for Exit Level Outcome 2:
2.1 An understanding is demonstrated of the concept of group dynamics.
2.2 An understanding is demonstrated of the characteristics of effective teamwork.
2.3 An understanding is demonstrated of various networking principles and techniques.
2.4 Potential personal limitations, abilities and expectations are identified for self-developmental purposes.
Associated Assessment Criteria for Exit Level Outcome 3:
3.1 An understanding is demonstrated of new venture financing sources and opportunities.
3.2 An understanding is demonstrated of the principles of micro and macroeconomics.
3.3 Potential threats and opportunities within the economic environment are identified for future business decision making.
3.4 An understanding is demonstrated of business competitiveness.
• Range: Business competitiveness includes but is not limited to factors such as inflation, exchange rates, interest rates, economic indicators and competition.
Associated Assessment Criteria for Exit Level Outcome 4:
4.1 A business plan for a new venture is developed using strategic planning principles and techniques.
4.2 Guidelines for the implementation and monitoring of the strategic action plan are formulated in terms of milestones and timeframes.
4.3 Financial management planning principles and techniques are applied in order to manage the business in an efficient and effective manner.
4.4 Production and/or operations management is applied in a chosen business opportunity.
4.5 Sound human resources management techniques are applied in order to set up a productive and motivated workforce for business.
4.6 Administrative principles and procedures are applied for sound administration and record-keeping.
Associated Assessment Criteria for Exit Level Outcome 5:
5.1 Knowledge is demonstrated of how management and leadership principles are applied to improve business effectiveness and efficiency.
5.2 Knowledge is demonstrated of the differences between leadership and management in terms of managing a business.
5.3 Knowledge is demonstrated of leadership and management styles in relation to their impact on business performance.
5.4 Leadership and management principles and techniques are applied in order to enhance business performance.
CERTIFICATION
On successful completion of course, the learner will receive a certificate.
